The Real Global Macro | Frankly #28
The Great Simplification with Nate Hagens
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Introduction
There is something called global macro, which is every morning now and today people read summaries of the news that happened in currency markets. The Federal Reserve is kind of having to pivot from a tightening cycle to an easing cycle because of the economy slowing rapidly. There's been a lot of momentum this year in de-dollarization, which if that were to occur if the US was not the reserve currency of the world that commodities, especially oil or priced in, would have massive implications for our economy.
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