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Inflation is a matter of the fundamental soundness of currency, but that principle plays out differently in different types of countries. This video deals with the special circumstances of the United States dollar and its history as a reserve currency. Reserve currencies are by definition more integrated into the global monetary system which creates certain advantages but also increases certain risks from global system. This video shows why the US Dollar has remained the reserve currency longer than some have expected, and what the end to that status might look like.
Jerry Bowyer is the chief economist of Vident Financial, editor of Townhall Finance, and president of Bowyer Research. He is a Forbes.com columnist and has been a frequent commentator on Fox Business News, Fox News, and CNBC. He has been a contributing editor of National Review Online, The New York Sun, and Townhall Magazine, and he has written for the Wall Street Journal and for numerous other publications. Jerry lives in Pennsylvania with his wife, Susan, and the youngest three of his seven children.