Negative Vibes - Why the Reserve Currency should go Negative episode artwork

EPISODE · Nov 17, 2020 · 32 MIN

Negative Vibes - Why the Reserve Currency should go Negative

from The ACID Capitalist Podcast · host Hugh Hendry

Send us Fan MailI try and answer your questions relating to my recent twitter outburst regarding the role of negative interest rates. I explain how the external trading value of the dollar is being held hostage. That the US has lost its exorbitant privilege. Yes, it can still print money, should its private sector banks be willing, however it can no longer lower the external value of the dollar vis-a-vis its trading partners. The mercantilists have gained the upper-hand. I try and explain how negative US dollar rates might represent a valid and rational attempt to free the US from such serfdom. Give me 48 hours and I'll clean up the transcript. And I'm putting together a video montage for my YouTube channel - ever wondered how the Treasury pleading with the G7 would look inside my head? Stay tuned.Support the show⬇️ Subscribe on Patreon or Substack for full episodes  ⬇️https://www.patreon.com/HughHendryhttps://hughhendry.substack.comhttps://www.instagram.com/hughhendryofficialhttps://blancbleustbarts.comhttps://www.instagram.com/blancbleuofficial⭐⭐⭐⭐⭐  Leave a five star review and comment on Apple Podcasts!🧢 Hats & Merch 📸 Instagram 🐦 Twitter / X📩 Substack👂Listen and 🔥 Subscribe📺 YouTube🎧 ...

Episode metadata supplied by the publisher feed · Published Nov 17, 2020

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Send us Fan Mail I try and answer your questions relating to my recent twitter outburst regarding the role of negative interest rates. I explain how the external trading value of the dollar is being held hostage. That the US has lost its exorbitant privilege. Yes, it can still print money, should its private sector banks be willing, however it can no longer lower the external value of the dollar vis-a-vis its trading partners. The mercantilists have gained the upper-hand. I try and explain ho...

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Negative Vibes - Why the Reserve Currency should go Negative

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This episode was published on November 17, 2020.

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