BERKELEY, U.S. -- The world has seen multipolar monetary systems before, and there can be more than one dominant currency, said Barry Eichengreen, professor of economics and political science at the University of California, Berkeley, in a Nikkei interview.
Interview
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Professor Barry Eichengreen says every true international and reserve currency in history has been a currency of a political democracy or a republic, with real political checks and balances. (Photo courtesy of the International Monetary Fund)
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