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Fascinating article about the link between the global role of the dollar, its weaponization and the digital euro.
4mo
David Hengsbach
in which ... I summarise me and @himself.bsky.social 's paper for the @britishacademy.bsky.social on the global dollar system, suggesting that it explains the fascination with the digital Euro (a set of EU payment rails that's independent of the US and can't be acquired). www.ft.com/content/5b9a...
4mo
Finally, a question for the answer to a question nobody asked
www.ft.com
The juice, the squeeze and the digital euro
Dan Davies