Webinar

The Dollar in American Foreign Policy: A Look Back and Ahead

Tuesday, June 29, 2021
Ian Waldie/Getty Images
Speaker
Jeffrey E. Garten

Dean Emeritus, Yale School of Management

Presider

Senior Fellow and Director of International Economics, Council on Foreign Relations

Jeffrey E. Garten, dean emeritus at the Yale School of Management and a former undersecretary of commerce for international trade, is the author of the forthcoming book, Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy. Garten discusses the historical consequences of the Nixon administration’s decision fifty years ago to sever the dollar from its gold backing and the challenges the fiat dollar faces now and going forward.

Top Stories on CFR

Japan

Russia’s expanding security ties with North Korea raise weighty foreign policy questions for Japan and complicate the geopolitical dynamics in the Indo-Pacific. 

Israel

In a visit in June, I found a somber mood and many doubts about the current national leadership.

United States