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Why a Strong Dollar Is Bad for the US and Bad for the World, feat. Lyn Alden

Why a Strong Dollar Is Bad for the US and Bad for the World, feat. Lyn Alden

FromThe Breakdown


Why a Strong Dollar Is Bad for the US and Bad for the World, feat. Lyn Alden

FromThe Breakdown

ratings:
Length:
60 minutes
Released:
May 21, 2020
Format:
Podcast episode

Description

The dollar has a unique role in the world due to its reserve currency status. For many years that status has created incredible opportunities for the U.S. Increasingly, however, some are wondering if the global standard has outlived its usefulness - not only for the world but for the U.S., too.  In this illuminating conversation, one of FinTwit’s brightest minds, Lyn Alden, shares her perspective on: Why we’re at the end of a strong dollar cycle Why the Federal Reserve is terrified of the global dollar shortage The difference in creditor vs. debtor nations The concept of the Triffin dilemma  Why Japan has been able to print money without seeing rampant inflation  Why we have inflationary and deflationary forces competing to influence the U.S. economy  Why debt is going to matter more than ever  What alternatives to the USD system might look like
Released:
May 21, 2020
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.