EPISODE · Feb 8, 2026 · 57 MIN
9 如何用同一个故事解释贵金属、贸易战与弱美元？
from 路径依赖
回望2025年，三个看似并不直接相连的经济现象——贵金属持续走强、贸易战烽烟再起、弱美元悄然浮现——频频同框于新闻头条。如何将这些表面分属不同领域的信号，勾连成同一个故事的不同侧面？答案，就藏在美元体系的内在张力之中。为何美元能稳坐超然宝座？各国为何甘愿囤积外汇与美元资产？这一机制如何在铸就美国霸权的同时，悄然酿成去工业化的苦果？当特朗普祭出贸易战这一杀招，为何却将美元体系推向更深层的危机，催生贵金属崛起与弱美元现身？在本期节目中，我们将尝试一种更具挑战性的整合视角，抽丝剥茧，探寻这些扑朔迷离的经济表象背后那条草蛇灰线、伏脉千里的根本脉络。本期节目提到的三种参考文献* 徐高，《“根本特里芬难题”与美元全球大循环的兴衰》* Mohsin, S. (2024) Paper Soldiers: How the Weaponization of the Dollar Changed the...去小宇宙查看完整单集简介在小宇宙查看该单集文稿
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9 如何用同一个故事解释贵金属、贸易战与弱美元？
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