MacroVoices #366 Louis-Vincent Gave: Staying Humble in Troubling Times
Macro Voices
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Is the Global Monetary System in the Process of Change?
Humanity always moving to more efficient methods of producing energy. But in so doing, there's a tremendous economic cost. Higher energy prices means lower living standards. I think we've started a structural shift in the global monetary system. We're now seeing deals for oil, deals for iron ore, deals for coal being done in renminbi and rupees.
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