
SLP453 Luke Gromen - Soft Landing or Hard Landing?
Stephan Livera Podcast
00:00
The Second Paradoxical Aspect of De-Dollarization
The de-dollarization dynamic is being driven by a desire to sort of keep this to avoid catastrophe. Ghana talked about this last week we import three billion dollars a year of oil and that's going to free up three billion dollars for us to address our other dollar needs. You're you're loosening dollar liquidity via the commodity market which over time makes the situation more sustainable but ultimately once you hit some sort of tipping point then it becomes negative for the dollar.
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