AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Worldwide Debt Spiral with James Lavish (WiM294)
The "What is Money?" Show
The Effects of Debt Monetization on the Credit Debt Swap Strides
The idea of printing money out of thin air seems so blatantly absurd. What happens if a non US country defaults versus what happens if the US yells? If it's a true default, meaning they decide they're going to write down their debt and pay the, the investors less for the, the principal that they have on it. That's a real default. And we've seen that happen in Latin American countries that they're borrowing on the US dollar. They have to borrow in US dollar to nominate debt because they can't have their own currency dominated debt.
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