AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
E123: Trump indictment, de-dollarization, should VCs back Chinese AI? RIP Bob Lee
All-In with Chamath, Jason, Sacks & Friedberg
The Importance of Foreign Currency Reserves
2min Snip
00:00
Summary
Transcript
Episode notes
As far as I know we've never seized foreign currency reserves and excluded a country from swift Which is the banking system. We didn't think they were ill-gotten at the time that they were actually made and spent But we decided subsequently we're just going to seize those things. When you're running the kind of debt and deficits we have And you're making the us dollar less attractive You are running a risk.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode