164. Is the world de-dollarizing? With Peter St. Onge

Apr 18 2023 • 1hr 36m

Show Notes

Economist Peter St. Onge joins us to discuss whether the dollar is losing its global reserve currency status. Peter makes the case for why US economic and foreign policy is undermining the role of the dollar, and discusses the ramifications of such a move, while Saifedean presents the case for why other national currencies cannot replace the US dollar. We also discuss recent bank failures in the US, and what it teaches us about the instability of fractional reserve banking.References: Articles on Hyper-Bitcoinization: stonge.substack.comPeter's Youtube Channel: https://www.youtube.com/@Profstonge Peter's Twitter: https://twitter.com/profstongeEnjoyed this episode? You can take part in podcast seminars, access Saifedean’s courses – including his ongoing course ECO22: The Fiat Standard – and read chapters of his forthcoming book, Principles of Economics, by becoming a Saifedean.com member. Find out more here.

Activity

@blokchainboog

5,000 sats

Apr 19 2023

great conversation

@tatton

1,000 sats

Apr 20 2023

Why do you use the word "saleability" instead of fungibility? I see fungibiity in books, but it seems like you have a good reason to avoid it. I'm just not smart enough to figure it out on my own.

@nanomoto

Apr 21 2023

Austrian school defines it as salability

@chris_tavrou

500 sats

Apr 20 2023

great episode

@michaelmatulef

500 sats

Apr 25 2023

🔥

@nick_dose

369 sats

Apr 19 2023

cheers!

@luxtuxedo

350 sats

29 Apr

great conversation as always. i very much look forward to reading your new book. right in time for my birthday. woohoo lol. love you man, keep stackin'. ✌

@luxtuxedo

350 sats

Apr 20 2023

love the pod, and your writing. i look forward to reading the new one. keep on stackin'

@nanomoto

333 sats

Apr 21 2023

🕊️🕊️🕊️

@secondbreakfast

304 sats

Apr 19 2023

Grandma is probably not going to change at this point. Hopefully the younger generation can