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U.S. Dollars

For some 60 years, the US dollar has been the currency of choice for foreign reserves. But if the US doesn't address its large deficits, warn some experts, the dollar could be supplanted by the Euro. What does this mean for the unique position of the US in influencing the world's economies?

Guest:

Andrew Hilton, director of the center for the study of Financial Innovation in London

John Authers, investment editor at the Financial Times