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6min chapter
TIP574: Broken Money 1/2 w/ Lyn Alden
We Study Billionaires - The Investor’s Podcast Network
The Impact of the US Dollar's Privileged Position on the Industrial Base and Trade Balance
This chapter explores the dominant role of the United States in the global currency exchange system, enabling it to sanction other countries and issue debt in its own currency. However, this privilege has led to a trade deficit, industrial stagnation, and a focus on geopolitical power rather than domestic infrastructure and industrial development.
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