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E131: 2024 Fantasy President picks, debt ceiling agreement, Dollar dominance & more
All-In with Chamath, Jason, Sacks & Friedberg
The Chinese Yuan Is a Free Floating Currency
The Chinese just negotiated or approached mob between Saudi Arabia and Iran. There's been a giant mental realignment. The middle is becoming westernized and being accepted in the west. That's where they're going to change. They want that free floating currency, but right now they have kept it pegged to the dollar.
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