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4min chapter
#245 - Bully Capitalism
The Jacob Shapiro Podcast
The Contradictions of Global Currency Power
This chapter explores the intricacies of the U.S. dollar's status as a global reserve currency amid changing geopolitical landscapes. It contrasts the desire for a weaker dollar to enhance export competitiveness with the need to sustain financial influence over allies, drawing historical comparisons to the inflationary challenges of the late 1960s.
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