3min chapter

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#29: Louis-Vincent Gave On Staying One Step Ahead Of The Markets

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Importance of the US Dollar for Global Trade

Louis Gove: I think there's something very important unfolding today in Asia, which is a structural shift in the global financial architecture. He says Russia can sell oil to China and then use these remin B to buy gold without ever going through the US dollar. "I think it's hard to underestimate the importance of the US dollar for global trade today," he says.

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