Dollar's dominance challenged

Press quote (The Prague Post)
Simon Tilford
19 January 2011

Still, some world leaders and analysts have questioned whether Sarkozy's war against the dollar should be a priority. "It suggests that the US policy has enabled the United States to pursue policies that were destabilising to the EU economies, and so this would impose discipline on the Americans", said Simon Tilford, chief economist at the Centre for European Reform. "It's misleading about the underlying causes for the crisis. It's hard to see how this will have a major impact on helping solve problems."