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February 18, 2021

Currency Reserves
The Dollar Privilege

The dollar is the world’s primary reserve currency, accounting for $6.7 trillion in foreign reserves. This has given the United States what some have called “an exorbitant privilege,” allowing it to …

Podcast A one dollar bill

April 14, 2022

Financial Markets
What in the World Is a Global Minimum Tax?

For years, large corporations have exploited international tax laws to pay less taxes. But last year, 137 countries backed a potential solution: a 15 percent corporate tax applied regardless of a com…

Podcast Money