Cracks Start in Dollar's Dominance

  • Playlist
  • Download
  • Embed
    Embed <iframe src="" width="100%" height="290" frameborder="0" scrolling="no">
  • Transcript

In the past, a weak U.S. dollar has preceded an inflationary spike. Financial Times reporter Krishna Guha talks about why today's depressed dollar doesn't necessarily mean the economy will suffer a higher rate of inflation.

Guha also notes that most international trade is in the U.S. dollar. Guha said that now countries want to use a currency that is less likely to lose value. While a currency doesn't lose that status overnight, Guha said that means the dollar is starting to to see cracks in its dominance.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.