The international accounts of the United States and their impact upon the rest of the world

Authors

  • R. TRIFFIN

DOI:

https://doi.org/10.13133/2037-3643/10793

Keywords:

World financial markets, imbalances, Dollar, balance of payments, deficit

Abstract

There is a paradox in the continuing strength of the US dollar at a time when the United States is running an ever-growing balance of payments deficit. The main reason for the strength of the dollar appears to be the massive capital flows into the United States, which may currently be over $100 billion annually. The author argues that these capital transactions are causing fundamental imbalances in the world's financial markets, thus threatening the future stability of the system.

 

JEL: F32, F33

Downloads

Published

2013-10-17

How to Cite

TRIFFIN, R. (2013). The international accounts of the United States and their impact upon the rest of the world. PSL Quarterly Review, 38(152). https://doi.org/10.13133/2037-3643/10793

Issue

Vol. 38 No. 152 (1985)

Section

Editorial

License

 
 
Licenza Creative Commons
 
All material in this website and every article published by the Review are licensed under a Creative Commons Attribution - Non commercial - No derivates 4.0 International license.
The authors who publish on this journal maintain all rights on their works without any restrictions.