3min chapter

State of the Markets cover image

#174 Akhil Patel - This valuable signal could infer the market direction for years

State of the Markets

CHAPTER

The Advantages and Disadvantages of a Reserve Currency

There are disadvantages on that side, as far as I understand those. A negative trade balance means the US is currently running a deficit. The hollowing out of industry in the industrial Midwest is a major political issue. Tim broke out the idea of Bitcoin and cryptocurrencies quite early. He's talking about what... Something that you've said for a long time, Tim, that we're going to get the crack up boom and he thinks we're at it now.

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