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Joseph E. Gagnon discusses the consequences of a declining dollar and says the probability of the dollar crashing in relation to other currencies is fairly low.
Olivier Blanchard (PIIE)
Sean Miner (PIIE), ed.
Authors: Joseph E. Gagnon (PIIE), Jacob Funk Kirkegaard (PIIE), Edwin M. Truman (PIIE), and Nicolas Véron (PIIE)