Weekly Roundup 03/31/23 (CFTC v Binance, McHenry’s stablecoin bill, Gruenberg’s questionable testimony) (EP.411)
On The Brink with Castle Island
The Death of the Dollar
The US treats the dollar as a political weapon. We shouldn't be surprised that adversaries and allies are finding ways to settle outside of the dollar network, he says. Treasuries are becoming a toxic asset because we're seeing foreign governments die of our vest from treasuries,. He adds: "I think these are consequences that will probably be written about in history books"
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