E123: Trump indictment, de-dollarization, should VCs back Chinese AI? RIP Bob Lee
All-In with Chamath, Jason, Sacks & Friedberg
00:00
The Importance of the US Dollar's Peg
China has had a lot of dominance as a trading partner because their currency is pegged to the US dollar, and until this is unpacked, we will never know the real market clearing price./nChina has been able to manipulate the value of their currency in order to gain traction as a trading partner.
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