26 June 2024

The Geopolitical Imperative to Upgrade the Dollar

JORDAN BLEICHER and JOSH LIPSKY

In a 1955 speech to a group of investment bankers, then-US Federal Reserve Chair William McChesney Martin shared a story about an economics professor who always administered the same exam. When asked how any student could possibly fail such a test, the professor replied, “The questions don’t change, but the answers do.”

No comments: