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Eswar Prasad on the 'Dollar Trap'

The Wall Street Journal
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January 16, 2014 AT 11:21 AM
Despite the upheaval in the U.S. economy over the past five years, the U.S. dollar remains the dominant reserve currency. Economist Eswar Prasad tells WSJ's Jon Hilsenrath why that's still the case and what pitfalls that may present down the line.