Ishwar Prasad

I wrote a book in 2014 called The Dollar Trap. And the point I made in that book is that there are no better alternatives. Of all the shirts hanging in the closet, the dollar seems the least muddied and least stinky one by far. This is not to say it is pristine by any means. But when you have to wear a shirt, it's the shirt that much of the world reaches for.

If the U.S. dollar were to lose its primacy, we as consumers and the U.S. government, we'd all have to tighten our belts, and that would not be such a fun day. Is that day coming? That day has been anticipated for a long time. I don't think it's coming anytime soon, and I'm not even sure it'll come within the foreseeable future at all.

If the U.S. dollar were to lose its primacy, we as consumers and the U.S. government, we'd all have to tighten our belts, and that would not be such a fun day. Is that day coming? That day has been anticipated for a long time. I don't think it's coming anytime soon, and I'm not even sure it'll come within the foreseeable future at all.

If the U.S. dollar were to lose its primacy, we as consumers and the U.S. government, we'd all have to tighten our belts, and that would not be such a fun day. Is that day coming? That day has been anticipated for a long time. I don't think it's coming anytime soon, and I'm not even sure it'll come within the foreseeable future at all.

For a while, at least.

For a while, at least.

For a while, at least.