The Beauty of The Gold Standard | The Twilight of Gold Series | Episode 5 (WiM150)
The "What is Money?" Show
00:00
The Exorbitant Privilege of the US Dollar
"We are the global reserve asset, redeemable to gold. So it's like this, that basis of the exorbitant privilege being the us Dollar," he says. "It damaged, it financialized the economy. It hollowed out the industrial capacity, and then it incurred the vitriol from the world, right? I think the world has issues with the us."
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