SLP469 Is the World Really Dedollarising? with Peter St Onge
Stephan Livera Podcast
00:00
The Costs of Empire
The key here is going to be really, I think, monetary policy. If the U.S. runs around with a 5% inflation ongoing, then you would actually see durable demand. And people might use it almost like a coupon or like a chucky cheese token, like a casino token. But they're not actually going to use it as a sink, right? They're not going to park their savings in that currency.
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