Matteo Maggiori on the Global Capital Allocation Project, Exorbitant Privilege, and Dollar Runs

Matteo Maggiori is an associate professor of economics at Stanford University and joins David on Macro Musings to talk about global capital flows, reserve currencies, and the international monetary system. Specifically, David and Matteo also discuss the details of the Global Capital Allocation Project, the US and its status as banker to the world, the possibility we could see a major run on the dollar in the near future, and more.   Support Macro Musings and get a free mug: https://donate.mercatus.org/mug/?utm_source=shownotes&utm;_medium=hyperlink&utm;_campaign=mug   Transcript for the episode can be found here.   Matteo’s Twitter: @m_maggiori Matteo’s website: https://www.matteomaggiori.com/ Matteo’s Stanford profile: https://www.gsb.stanford.edu/faculty-research/faculty/matteo-maggiori   Related Links:   The Global Capital Allocation Project: https://www.globalcapitalallocation.com/   *The Rise of the Dollar and Fall of the Euro as International Currencies* by Matteo Maggiori, Brent Neiman, and Jesse Schreger https://scholar.harvard.edu/files/maggiori/files/mns_pandp.pdf   *A Model of the International Monetary System* by Emmanuel Farhi and Matteo Maggiori https://scholar.harvard.edu/files/farhi/files/ims.pdf   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth