The Realignment
464 | Saleha Mohsin: How the Weaponization of the Dollar Changed the World Order
Mar 19, 2024
Exploring the impact of the strong dollar consensus post-Cold War on American manufacturing, Trump administration's stance, role of Treasury Department in maintaining superpower status, and increasing use of financial sanctions from War on Terror to Russia's invasion of Ukraine.
52:28
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Quick takeaways
- Post-Cold War strong dollar policy impacted US job loss vs. superpower status maintenance.
- US leverages dollar in foreign policy through economic sanctions, impacting global geopolitics.
Deep dives
The Impact of Dollar Policy on American Economics
The podcast discusses how the post-Cold War strong dollar policy influenced American economics, transitioning from superpower status maintenance to job loss due to cheap imports. The bipartisan consensus on the strong dollar faced challenges post-2016, impacting debates on sanctions in conflict scenarios.
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