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Ep. 98: Balaji Srinivasan, the Coming Decentralization of Everything

The Realignment

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Is the Dollar a Reserve Elements of the Currency?

When you're printing that much money, well, you are diluting down the reserve element of the currency. And it's not going to all the other people using the dollar around the world who are either losing access to swift because of this or that sanction. The US has a lot of sanctions at its disposal. Something like 7900 active sanctions or something like that,. Last I looked, Jose Alvarez mentioned, he said, you know, reliance and punishing punishing bad actors through trade sanctions.

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