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TIP523: Financial Wisdom w/ Cullen Roche
We Study Billionaires - The Investor’s Podcast Network
Is There a Feedback Loop Between Globalization and Interest Rates?
The world is decoupling from the dollar increasingly, but this is a very, very gradual exercise. Foreign countries don't just inherit lots of dollars, they actually borrow lots of dollars in large part. And so there's this weird sort of knock-on effect where when the Fed tightens the United States because they're the dominant reserve currency issuer, they're tightening really the whole world.
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