Brad Setser on Addressing the Global Dollar Shortage and COVID-19’s Implications for Worldwide Trade Imbalances

Macro Musings with David Beckworth - A podcast by Mercatus Center at George Mason University - Mondays

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Brad Setser is a senior fellow for international economics at the Council on Foreign Relations, where he works on macroeconomics, global capital flows, and financial crisis issues. Brad has previously served as the deputy assistant secretary at the U.S. Treasury, working on Europe’s financial crisis, currency policy, financial sanctions, commodity shocks, and Puerto Rico’s debt crisis, and was the director for international economics on the staff of the National Economic Council and the National Security Council. As a returning guest to the show, Brad joins Macro Musings once again to discuss dollars swap lines and other solutions to the global dollar shortage, the recent implications of COVID-19 on global trade imbalances, and how China should respond to the effects of this crisis.

Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings

Brad’s Twitter: @Brad_Setser

Brad’s CFR profile: https://www.cfr.org/expert/brad-w-setser