Are We Trapped in a Silent Depression? With Jeffrey Snider
Real Vision: Finance & Investing
00:00
The Complexities of Replacing the Dollar as the Reserve Currency
This chapter explores the challenges and outlook for replacing the dollar as the world's reserve currency. The speakers highlight the lack of viable alternatives to the dollar and emphasize the complex infrastructure and functions that would need to be developed for a successful transition. They discuss the impact of the supply of bonds on the current situation and delve into the potential strains and issues in the current financial environment.
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