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Opinion

Is Being the ‘Saudi Arabia of Money’ Good for America?

A reading of “How to Diagnose Your Own Dutch Disease,” a look at the problems of America’s dollar trade.

By Nathaniel Whittemore
AccessTimeIconSep 13, 2020 at 1:00 p.m. UTC
Updated Sep 14, 2021 at 9:55 a.m. UTC
AccessTimeIconSep 13, 2020 at 1:00 p.m. UTCUpdated Sep 14, 2021 at 9:55 a.m. UTC
(William_Potter/Getty Images)
(William_Potter/Getty Images)
AccessTimeIconSep 13, 2020 at 1:00 p.m. UTCUpdated Sep 14, 2021 at 9:55 a.m. UTC

A reading of “How to Diagnose Your Own Dutch Disease,” a look at the problems of America’s dollar trade.

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This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.

On this week’s Long Reads Sunday, NLW looks at recent statistics suggesting that, based on a comprehensive set of measures of well-being, U.S. citizens are worse off than they were a decade ago. 

One potential explanation is the U.S.’ “USD Dutch Disease” - a peculiar set of consequences resulting from the role of the U.S. dollar in the world. 

This week’s reading is “How to Diagnose Your Own Dutch Disease” from the Financial Times.

See also: A Practical Utopian’s Guide to the Coming Collapse

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