2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E96: Adobe acquires Figma for $20B, TPB SPAC, FedEx CEO's recession warning, macro picture & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

All Agri Commodities Around the World Trade in Dollars and So What Do You Think About That?

All ag commodities around the world move commodities right they trade in dollars and so if the dollar strengthens against the local currency the farmers actually make more money. So, you know, there may be fluctuations in FX risk But generally speaking I think we see And I'm just speaking generally here not about this particular transaction We generally see and we saw this at Monsanto. It's a good example all ag input companies When the local currencies devalue in a market that they're selling into they charge more  in their local currency.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode