In 2005, when University of Wisconsin Professor Menzie Chinn and I created a model to determine the factors that create a dominant global currency, even our pessimistic scenarios had the euro not overtaking the dollar until 2022. But the dollar has continued to lose ground. We updated our ...
Made: “When the last bullet is fired into the head of the last Marxist on planet earth, the event will not take place is Europe, Asia, Africa, Australia or South America, but it will take place in the United States of America most likely on the campus of the University of Wisconsin....