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Will the U.S. Leave the Value of the Dollar to "Market Forces"? ( w/ Luke Gromen)

Will the U.S. Leave the Value of the Dollar to "Market Forces"? ( w/ Luke Gromen)

FromReal Vision Daily Briefing: Finance & Investing


Will the U.S. Leave the Value of the Dollar to "Market Forces"? ( w/ Luke Gromen)

FromReal Vision Daily Briefing: Finance & Investing

ratings:
Length:
80 minutes
Released:
May 3, 2021
Format:
Podcast episode

Description

Real Vision Live Replay: Luke Gromen, founder and president of FFTT, joins Real Vision managing editor Ed Harrison to discuss why he believes the strength or weakness of the dollar cannot be left to market forces. Gromen argues that, if left to market forces, the sheer size of the U.S. Government deficit would crowd out global dollar markets, sending the dollar skyrocketing with devastating consequences for global markets. Paired with recent rhetoric from Janet Yellen about not seeking a weak dollar has shaken Gromen's conviction in near-term dollar weakness and the subsequent knock-on effects. Gromen and Harrison will also discuss Gromen's views on the Treasury market and why he thinks rates will be allowed to rise until something cracks.
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Released:
May 3, 2021
Format:
Podcast episode

Titles in the series (100)

This is where finance matters. Featuring “The Knock-On Effect,” the show that starts with the financial or economic event you’ve heard about and takes you to a weird place. The financial world is more complex and more fun than you might think, and in this weekly show, Justine Underhill, Alex Rosenberg and Roger Hirst prove it.