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Podcast: Defense & Aerospace Report
Episode: DEFAERO Strategy Series [Dec 03, 24] The Future of the U.S. Dollar at Home and Abroad
Description: On today’s Strategy Series program, sponsored by General Atomics Aeronautical Systems, Barbara Matthews, a US Treasury Department veteran and first Treasury attache to the European Union who is the founder of BCM Strategy, discusses why the US dollar is the world’s reserve currency and the power that status confers, how the reliance on the dollar subjects the world to US laws and oversight, why allies and adversaries are interested in alternatives to the dollar that Washington has increasingly “weaponized” to influences friends and foes especially during the first Trump presidency, how the advent of new digital currencies and alternat...