Peak Cheap Oil vs Peak Oil Demand - E375
Bitcoin & Markets
The Costs and Burdens of Being the Global Reserve Currency
This chapter discusses the costs and burdens of being the global reserve currency, highlighting the impact on the United States. It explores the decimation of the manufacturing sector, the dependence on the dollar, and the cultural problems within the country. The chapter also touches on the US's role in international institutions and the consequences of withdrawing from global leadership. It concludes with a discussion on the tug of war between globalists and populists in the United States.
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