World History Told Through the Lens of Money with Niko Jilch (WiM336)
The "What is Money?" Show
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The Europeans' Fear of the Euro
Putin said that they are going to join the euro one day. That was a very... that was a shit day in Washington. The Europeans immediately had a list of sanctions. I'm detecting this kind of existential dependence for the global reserve currency on ... It needs to be used largely to facilitate energy transactions, typically oil. If you only sell energy for one currency, you're going to need that currency. And everybody is going toNeed that currency. So basically the Americans managed to finally destroy this vision that the euro once had once and for all.
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