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Raoul Pal on The Exponential Age and the Everything Code: AI, Crypto, QE and Beyond

Real Vision: Finance & Investing

CHAPTER

The Role of the Dollar in the Near-Term

I want to ask a question about the US dollar just again, in this sort of geopolitical context. One of the interesting tensions feels to me like the globe has been on this dollar system but it hasn't exactly been on the dollar system because the US mandated. I can't walk away from the dollar without entirely nuking its own country. Nobody can. There's too much debt in dollars. So I don't think this can happen quickly. But that's why I'm not a believer in the dollar is going to collapse.

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