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Arthur Hayes: Money Printing & The Crypto Bet

Bankless

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Shifting Sands of Economic Power

This chapter examines the evolving economic relationship between the United States and Asian nations, focusing on labor exports and the dominance of the U.S. dollar in global transactions. It explores the impact of these dynamics on the U.S. economy, highlighting the challenges of a gig economy and the potential for a new monetary order post-COVID. Additionally, the chapter discusses recent U.S.-China tariff negotiations and their implications for future economic ties, suggesting a complex interplay between national interests and global trade.

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