
284: Peter Zeihan Explains The Geopolitical Landscape
The Pomp Podcast
00:00
The US Federal Reserve, Fed for Swap Lines, Is the Only Hard Currency
Most of the world never recovered from the two thousand seven financial crisis. The united states was able to put out more stimulus than everybody else put together combined. Now countries are coming to the us Fed for swap lines, which is basically dolarizing the global system. Most countries can't even pretend to do things like that so we haven't started a significant cue in this environment.
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