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The Calm Before The Storm With Michael Kramer

Lead-Lag Live

00:00

Dollar Swap Lines - Is That a Good Idea?

The US is this sort of the reserve currency of the world. And by printing more dollars, we're basically kind of inflating your way out of your debt, right? So I think there is a sort of an emerging market risk to a strong dollar and the potential for, you know, maybe like a 1998 style, like the Asian currency crisis event happening. But at the same time, it just seems to me like this kind of interesting dynamic where you have the deflation event looming with a sovereign debt crisis but also high inflation.

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