Larry Summers on China, Russia, and the Global Economy
Foreign Policy Live
The Threat to the Dollar
The RMB is not a viable alternative to the dollar in terms of being a currency that is predictable, governed by the rule of law, and not subject to political relationships./nChinese capital controls are propping up demand for the RMB in countries that want to get out of the currency.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
