14min chapter

Macro Musings with David Beckworth cover image

Matthew Pines on the Geopolitical and National Security Implications of Cryptocurrency Adoption

Macro Musings with David Beckworth

CHAPTER

Finance, Security, and Geopolitics

This chapter explores the crucial intersection of finance, international economics, and national security, emphasizing the need for integrated policy approaches in a changing geopolitical landscape. It discusses the implications of U.S. defense spending, the evolving role of digital assets like Bitcoin, and the effectiveness of financial statecraft as sanctions face diminishing returns against resilient global powers such as Russia and China. Through examining historical shifts and current crises, the conversation highlights the challenges and necessary adaptations for U.S. strategies in national security.

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