How surging inflation is affecting the global economy

Rachelle Akuffo spoke with Arthur Dong, Teaching Professor at Georgetown University's McDonough School of Business, about the global economy.

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Having the world reserve currency is a privilege and a responsibility to currencies that are pegged to it. Sanctions and excessive money printing damages the dollar. All of the US's domestic needs could accessed by removing dead wood and pruning a wasteful military, but almost as an independent entity, the military fights for larger and larger budgets...