Clive Corcoran

In Search of Healthy Currencies

Much as I am a fan of Ambrose Evans Pritchard, I think it is rash to say that the US currency will be the global reserve currency for the remainder of this century.
The process of superseding the status quo may not be an entirely orderly one - but financial crises seldom are - and there is surely a growing need for a global unit of account that is not subject to the whim's of central bankers and how much of their currency they want to print