In this conversation, Dr. Brock discusses the complexities of the dollar’s value in relation to trade deficits, the evolution of currency pricing, and the global demand for dollars. He emphasizes the importance of the rule of law in economic stability and explores the implications of the U.S. transitioning to a service economy. The discussion also touches on the future of the dollar amidst changing global dynamics and the potential for insolvency.
DR. HORACE “WOODY” BROCK
President, Strategic Economic Decisions, Inc.
Dr. Horace “Woody” Brock, one of the world’s foremost economists, is the author of the book, American Gridlock – Why the Right and Left Are Both Wrong, Commonsense 101 Solutions to the Economic Crises. More than 50 leading chief executives, academics, journalists and investors endorsed the book, published in January 2012 by John Wiley & Sons, Inc. As the founder and president of Strategic Economic Decisions, a renowned economic think tank, Dr. Brock has spent more than 30 years counseling global corporations and other institutions who benefit from his in-depth analysis of ongoing structural changes in the global economy.