AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
Russia/Ukraine Crisis To Cause Commodity “Doom Loop” | Jacob Shapiro
Forward Guidance
The Role of the Dollar in Geopolitics
The U.S. dollar is the global reserve currency and if foreign countries have debts that are denoted in dollars, they can rapidly spiral out of control. The US constantly has to add Iranian institutions to its list because the Iranians are Constantly trying to get out from underneath the sanctions. If we use the Iran example sure if you could cut Russia's oil exports by half I mean that's gonna reverberate throughout the Russian economy. You're gonna see shortages and all kinds of really negative things happening in the Russian economy in three to six months. So that's how it works.
00:00
Transcript
Episode notes
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