AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Ep. 1136: Nigol Koulajian Interview with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
The Dollar and the Third World
I was born in Beirut, Lebanon just before the war. I think it'd be interesting though that maybe some of the people that are in the third world that have not had a chance to visit America would believe in the dollar so much. For now, the dollar is a better currency than the other currencies around the world because it has the benefit of having... It's a tallest midget. It also has a US army to defend it. If a country wants payment for its oil and other currencies, it gets invaded and an extra human is put in place. That's a major difference. We can print faster than anyone else and still effectively not devalue or we can control the devaluation
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