Mining Stock Daily cover image

Michael Howell on the Recent Rise of Liquidity and the Dollar's Triffin Dilemma

Mining Stock Daily

00:00

The Importance of Transparency in the Financial System

If China were to kind of place itself as the place for international settlement overtake the US dollar system, which I agree with you is not necessarily likely to happen anytime soon. But don't you need a lot more transparency out of that Chinese system to even consider having that happen? And other global economies demand that? Probably we're not on that path I didn't think. The Western financial system is complex and very sophisticated, not always transparent but tightly regulated in many cases.

Play episode from 42:01
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app