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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.