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Factual: Life Stories

With ideas too big for a single episode, The Compass presents mini-series about society

Surprising stories from unusual places. With ideas too big for a single episode, The Compass presents mini-series about the environment and politics, culture and society.

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The Compass: The Test: Inflation and challenges to the dollar

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Inflation and challenges to the dollar

21/07/2021 GMT

The Test

BBC World Service - The Compass, The Test, Inflation and challenges to the dollar

Can China challenge the dollar's dominance or will digital currencies be more disruptive?

Can China challenge the dollar's dominant place in the global economy or will digital currencies prove more disruptive in the long term?

International economist Jim O’Neill explores the implications for the dollar of America’s response to the Covid-driven economic crisis. With help from economists and historians, he asks if China can challenge the dollar's dominant place in the global economy - or whether digital currencies, such as bitoin, could prove more disruptive in the long term?

(Photo: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies on a PC motherboard. Credit: Reuters)

The Compass: The Test

Jim O’Neill stress-tests the future of the US economy and the dollar in the global economy

In this three part series, economist Jim O’Neill stress-tests the future of the US economy and the dollar in the global economy.
 
How has the Covid pandemic tested America’s capacity for economic recovery?  What challenges do new digital currencies like bitcoin pose for the dollar?  How might the Biden administration’s plans and new thinking redefine America’s place in the world?

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Inflation and challenges to the dollar

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