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Ep. 240 Why Putin’s Moves Won’t Strengthen Ruble

Bob Murphy Show

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How Much Do You Spend Every Year in Your Own Country?

CNN's John Defterios says the U.S. dollar doesn't have a big impact on global trade. He says when people go to foreign countries, they tend to carry more cash in their pockets. But that amount is just a small fraction of what they spend every year, he says.

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