AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
32. PJ Pierre
Mutiny Investing Podcast
Is There a Keynesian Beauty Contest?
The Haitian dollar is the currency issued by the Haitian government. The exchange rate was like maybe like 58 to one in 2016, but now it's at a whopping 5:1. Even the government accepts USD in the payment of taxes,. That probably explains why their currency is at 58 to one. It just goes to show you that taking advice from the IMF doesn't really show you how pervasive the dollar is.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
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