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Congress where i played a role in the founding of the Homeland Security department. I call myself one of its grand mothers. One of its grandfathers that would be thad allen, or i think hes one of the grandfathers, im not sure, is on the call with me and the rest of you children are the successors and i think that it is really wonderful today that we are having i guess hes been phone now, a lot of zoom issues, with chris and a panel organized by meg king who heads our science, technology and Innovation Program and a number of a rest of you on the phone. The topic is whats critical, evolving the security playbook for managing ones, zeros and everything in between. While its not as much fun to see you all or some of you on line, chris is on the phone, its not as much fun to see you in person. If any group could make a conversation interesting its our science, technology a ....
I think its true that in general private sector firms really do care about reputational risk, dont want to deal with people that are involved with illicit finance. I think its also true that the work of tfi over this last set of years and sort of putting up the mirror and reminding people of this proposition and reminding them that theyre watching and that there are consequences to people who are insufficiently attentive to this set of things has been critically important in both reminding folks and sort of heightening their sensitivities because its not every private sector actor, certainly not globally. Certainly not in geographies, you know, near and far, that have over time given this sufficient attention. I think its the combination of it being in the economic interest of private sector entities and the work that tfi, david, and stewart, their colleagues, and others in the u. S. Government have done to help keep that kind of in the top of consciousness consistently that has been t ....
Attractiveness of the dollar as compared to other things, its also true that a lot of these regimes are pretty multilateral, so in those circumstances, it doesnt really create competitive advantages to the dollar. I would say more importantly, the basic dimensions of why the dollar is the worlds reserve currency, at least as far as my eye can see, are unlikely to go away, and in particular, since its a comparative judgment, because Something Else would have to replace the dollar as the worlds reserve currency, as far as my eye can see, i couldnt see Something Else being a meaningful competitor. You know, not what i would call short and intermediate time horizons. You think about the alternatives, the euro, as someone said earlier, steve hadley or tom donovan, it wasnt 18 months ago we were worried about whether the euro was done. I think lots of questions about contract sanct ....
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