Campanella, Edoardo - In: Economics - The Open-Access, Open-Assessment E-Journal 4 (2010), pp. 1-18
Tiny changes in the American monetary policy can have dramatic effects on the rest of the world because of dollar's double role of national and international currency. This is the Triffin dilemma. The paper shows how it works through three examples: price of commodities, dollarization, and the...
