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Developments in the Global Economy and Implications for the United States
Federal Reserve Chairman Timothy Geithner discusses the interaction between the U.S. and the global economy. One issue he discusses is the way that the U.S. dollar is used as a standard for other currencies around the globe. Speaking in 2006, Geithner also makes predictions about the future of the world economy. What are Geithner's opinions about the role of the U.S. in the global economy? What are the opportunities and pitfalls, in his opinion?
Source: Timothy F. Geithner, "Developments in the Global Economy and Implications for the United States," Federal Reserve Bank of New York (accessed April 13, 2009).