i think by seizing these central bank reserves, we've really completely up ends our entire financial, global financial architecture. And across the western world, rules can be changed without voters having a say, without parliaments having a say. My contention is, first of all, you can actually use technology to match those depth and liquidity characteristics of us Treasuries in a new digital sovereign bond market. But what seems to be happening now is the bar is getting lower. The depth and liquidity according to the federal reserve of the us. Treasury market, is suddenly getting really fragile. By the end of this fourth turning, i expect it's very possible that the u.S. Dollar will be
MacroVoices Erik Townsend and Patrick Ceresna welcome Gavekal co-founder Louis-Vincent Gave to the show. Louis has a different take on the impact of U.S. seizure of foreign-owned assets, and he also shares his outlook for bonds, the dollar, stocks, and precious metals. https://bit.ly/3G5dOmI
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