2min chapter

Behind the Bastards cover image

It Could Happen Here Weekly 29

Behind the Bastards

CHAPTER

What's the Difference Between Dollars and Dollars?

If you have just dollars a bank, it doesn't earn hardly anything. If you' arn a saving if you go into the savings account, which is basically the treasury, the treasury bills, you'll earn a little more and you'll earn dollars. Hand dollars are the international means of payment, so that's good. So china has tons of dollars. It's part of a huge strategy that they have in order to manage their foreign their foreign currency reserves or forx.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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