Description: America’s currency has become the lingua franca of commerce. That’s “putting the global economy under increasing strain.”

Source: Bloomberg.com

Date: Aug 29, 2019

Link: https://www.bloomberg.com/news/articles/2019-08-29/the-almighty-dollar-needs-a-rival?srnd=businessweek-v2

Questions for discussion:

• What are the issues related to the role played by the U.S. dollar in global business and investment?
• Do you think there would be a serious effort to create a rival currency?