August 22, 2009
The dollarâs role as a good store of value is âquestionableâ and the currency has a high degree of risk, said Nobel Prize-winning economist Joseph Stiglitz. âThere is a need for a global reserve system,â Stiglitz, a Columbia University economics professor, said at a conference in Bangkok Friday. Support from countries like China should ensure [...]
Tags: Asset Bubbles, Asset Bubbles The, Bloomberg, Bubbles, Central, Conference, crisis, currency, dollar, Early Stages, economist, economy, financial, Financial crisis, global, Global Financial, Global Financial Crisis, Good Store, High Degree, In The Future, Liquidity, Nobel, Nobel Prize, Of The Fed, Prize, Reserve, Reserve Currency, Reserve System, Stiglitz, Stiglitz Said The, Stiglitz Told The, Stiglitz Told The Conference, store, system, The Conference, The Dollar, The Dollar Has, The economy, The Euro, The Fed, The Future, The global, The Global Financial, The Global Financial Crisis, The Liquidity, The Nobel, The Nobel Prize, The white house, The world, Three, Three Months, Told The Conference, Us Economy, White house, world
Posted in International, News | Comments Off