AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
42sec snip
165 - Death of the Dollar?! with Lyn Alden
Bankless
The History of the US Dollar as a Global Reserve Currency
The United States maintained the floating era with no alternative for fast international settlements and no currency better than the dollar./nThe US made deals with Saudi Arabia and other countries to sell their oil in dollars and hold surpluses in treasuries./nThis kickstarted a network effect already in place from the Bretton Woods system./nThe current situation is a result of a multi-decade network effect and the country's decline, strong property rights, rule of law, and capital markets.
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