2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E123: Trump indictment, de-dollarization, should VCs back Chinese AI? RIP Bob Lee

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Risk of De-Dollarization

Saks: De-dollarization hasn't happened yet, but I think it's a risk. He says we have 32 trillion dollars in debt Someone has to finance that debt and the bigger that number gets the more unattractive our debt is because they're concerned about us. Saks also thinks U.S. has weaponized the dollar by seizing Russian reserves held in dollars.

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