Source: Macroeconomic Policy Nexus
“I [David Beckworth] recently sat down with Izabella Kaminska for a Substack Live to unpack the renewed interest in dollar swap lines, particularly the possibility of extending them to countries like the UAE. What might seem like a technical plumbing issue in global finance is, in fact, a window into something much bigger: the evolving role of the dollar system as a tool of financial statecraft.” (04/28/26)
https://macroeconomicpolicynexus.substack.com/p/currency-swap-lines-financial-statecraft