China and the Dollar Standard

Professor_Ron_McKinnon-200pxx302Ronald I. McKinnon, the William D. Eberle Professor of International Economic at Stanford University and author of Unloved Dollar Standard: From Bretton Woods to the Rise of China, spoke to Friends and Foes of Liberty about America’s privileges and responsibilities under the dollar standard, the harm that U.S. monetary policy has inflicted on emerging countries like China and Brazil, and why an appreciation in China’s currency would not tilt the U.S.-China trade balance in America’s favor.

Hosted by Ying Ma, Friends and Foes of Liberty is an Internet radio show that features in-depth discussions with scholars, business leaders and policy experts on China, the free market and U.S. foreign policy.

To listen to the discussion with Prof. McKinnon, please click here, download the episode from iTunes, or use the blogtalkradio player below.

This interview was rebroadcasted by the Heartland Institute on its “Heartland Daily Podcast” on April 12, 2013.

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