GM03: The Dollar losing its Reserve Currency Status ft. Erik Townsend - podcast episode cover

GM03: The Dollar losing its Reserve Currency Status ft. Erik Townsend

Jul 22, 20201 hr 4 minTranscript available on Metacast
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Episode description

Todays’ guest is Erik Townsend, host of the Macro voices podcast. Erik has an unusual background, as he had a very successful career as a technology entrepreneur before turning his hand to commodity trading. His background gives him a different perspective to many in the financial world, as we discovered in our conversation. Our discussion explored the possible consequences of the action taken by central banks in the last and current crisis; including rampant inflation, social unrest, and the overthrow of the dollar as the worlds reserve currency. As Erik said towards the end of our conversation “Put your seatbelt on, there could be some rough turbulence ahead”!

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Topics Discussed in this Episode

  • MMT
  • Inflation outlook & inflation hedging
  • QE
  • China & Russia
  • Civil unrest & revolution
  • Digital global reserve currency
  • Coronavirus

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