Dan McDowell on *Bucking the Buck: US Financial Sanctions and the International Backlash Against the Dollar*

Published: May 22, 2023, 4:30 a.m.

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.

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Transcript for this week\u2019s episode

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Dan\u2019s Twitter: @daniel_mcdowell

Dan\u2019s website

Dan\u2019s Syracuse University profile

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David Beckworth\u2019s Twitter:\xa0@DavidBeckworth

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Related Links:

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

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*What\u2019s Driving Dollar Doomsaying?* by Paul Krugman

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*Renminbi\u2019s Share of Trade Finance Doubles Since Start of Ukraine War* by Hudson Lockett and Cheng Leng