1min 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 History of the Dollar

Pound sterling was pegged to the u.s. dollar and then it became unpigged. That's what happened with the pound sterling It was a similar story and it was not an overnight collapse I mean there were certainly these kind of punctuated moments where there were hits But you know the history is that there was a slow devaluation over time and be You know as a result of obviously the economic pressure and the uncertainty Actually, no what i'm talking about no even post that chamom even post that if it's a free-floating currency Yeah, you're proving your proving my bread and what no dudeYou're proving my point when Soros broke the back of the u.

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