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Hosted by David Beckworth of the Mercatus Center, Macro Musings is a podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future.

May 22, 2023

Dan McDowell is an associate professor of political science at Syracuse University, and he is the author of a new book titled, *Bucking the Buck: US Financial Sanctions and the International Backlash Against the Dollar.* Dan joins Macro Musings to talk about this new book and the prospects for de-dollarization around the world. David and Dan also discuss the mechanics and effectiveness of financial sanctions, the renminbi as a rival to the dollar, Russia and Turkey as case studies, and more.


Transcript for this week’s episode


Dan’s Twitter: @daniel_mcdowell

Dan’s website

Dan’s Syracuse University profile


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Related Links:


*Bucking the Buck: US Financial Sanctions and the International Backlash against the Dollar* by Dan McDowell


*What’s Driving Dollar Doomsaying?* by Paul Krugman


*Renminbi’s Share of Trade Finance Doubles Since Start of Ukraine War* by Hudson Lockett and Cheng Leng