Bruno De Conti, Jordi Schröder Bosch - Europe’s imperative to de-dollarise in a world of erratic US ‘leadership’ - Brave New Europe

Bruno De Conti, Jordi Schröder Bosch - Europe’s imperative to de-dollarise in a world of erratic US ‘leadership’ - Brave New Europe

The ECB relies on the Federal Reserve for dollar liquidity in a crisis – what happens if the Fed decided to turn off the dollar tap? Cross-posted from Positive Money Picture by Kiefer. from Frankfurt, Germany The European Central Bank (ECB) has recently published its annual report on the international role of the euro. It comes as no surprise that the dollar keeps its role as the key-currency of the world economy, and the euro appears as the sec…