Episode 261: $30 trillion
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Why Are We Holding Dollars as Reserve Currency?
The more we inflate the thing and the weaker our economy becomes, the less valuable that dollar becomes. We've really done is taken this amount of pain that comes from inflation and spread it over the planet makes us feel a little bit better. The great problem that we're going to face is what happens when people around the world start thinking something like the Chinese or the Russian currencies are better than the dollar.
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