What measures does Professor Blanchard suggest to address currency inflows?
Olivier Blanchard: We Are Not in a Currency War
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Business, Social Studies, Other
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University
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Hard
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The video discusses the current economic climate, focusing on Brexit's impact and the debate over currency wars. Professor Blanchard argues against the notion of a currency war, emphasizing the natural movement of exchange rates in a floating rate system. The discussion also covers the role of the US dollar as a safe haven and its implications for global trade.
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What does the term 'exorbitant privilege' refer to in the context of the US dollar?
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