Olivier Blanchard: We Are Not in a Currency War

The video discusses the current economic climate, focusing on Brexit's impact and the debate over currency wars. Professor Blanchard argues against the notion of a currency war, emphasizing the natural movement of exchange rates in a floating rate system. The discussion also covers the role of the US dollar as a safe haven and its implications for global trade.

What measures does Professor Blanchard suggest to address currency inflows?

What does the term 'exorbitant privilege' refer to in the context of the US dollar?