THE DOLLAR MILKSHAKE & BITCOIN w/ Brent Johnson
What Bitcoin Did
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The Dynamics of Stablecoins and the Dollar
This chapter investigates the role of stablecoins in the financial ecosystem and their relationship with the US dollar, suggesting that they bolster the dollar's status as a global reserve currency. It delves into the complexities of currency demand, the implications of monetary policy on inflation, and the historical reliance on the dollar in international transactions. Additionally, the discussion touches on the challenges posed by debt, potential future monetary systems, and the possible roles of gold and Bitcoin in a changing financial landscape.
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