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6min chapter
TIP462: What is money? w/ Lyn Alden
We Study Billionaires - The Investor’s Podcast Network
The Triven Dilemma
The dollar is now stronger than you'd expect on a trade balance basis. So we kind of purposely built up our neverk effect of the dollar even more than it already was. And so in that situation, the triven dilemma diverges a little bit. We use the dollar as a global funding currency, so we need a steady supply of dollars to keep this system going. But over time, base trife's dilemmas suggests that you drilling down reserves to maintain the system may not be an ideal solution.
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