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Does the Fed Have Any Idea What It’s Doing? | Jeff Snider & Brent Johnson

Hidden Forces

CHAPTER

The Politics of Sanctions

One of the main debates in policy circles now is are we overusing the weapon and then what we use it the dollar it gets. Jeff: I don't think the dollar can be weaponized. We want a stable currency, not one that moves in either direction a lot either way. The South African manufacturer didn't choose the US dollar because it's going to go up in value. That the up going up in value is actually the opposite of what we want to happen.

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