IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-35693-2_6.html
   My bibliography  Save this book chapter

The US Dollar as an International Currency Reserve and Its Value

In: International Financial Transactions and Exchange Rates

Author

Listed:
  • John N. Kallianiotis

Abstract

The current account deficit (e.g., consumption exceeds production in the United States because US MNCs have transferred their production abroad)causes a capital account surplus (e.g., capital inflows in the United States) and at the same time, the scale of financing needed to support the US fiscal deficit and the private sector’s and households’ debts, along with the Federal Reserve’s policy of keeping US interest rates low to ward off deflation, stimulate the financial markets, and revive growth, which is difficult without fiscal policy, has revived concerns about a sudden and sharp depreciation of the US dollar.

Suggested Citation

  • John N. Kallianiotis, 2013. "The US Dollar as an International Currency Reserve and Its Value," Palgrave Macmillan Books, in: International Financial Transactions and Exchange Rates, chapter 0, pages 215-244, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-35693-2_6
    DOI: 10.1057/9781137356932_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-35693-2_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.