AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
5min chapter
Should Congress Abolish the Debt Ceiling?
Open to Debate
The Disadvantages of De-Dollarization
Since World War II, at least the dollar has been the global currency in the one in which most international business is done and puts the US in a fantastic position. Park: I think that we want to really separate here the distinction about a short-term disruption and a long-term disruption. The bigger issue is what happens if we have large 5% of GDP deficits for years and years, decades into the future. That's what drives the rest of the world to decide that they no longer want to borrow Treasuries.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode