Jason welcomes Saleha Mohsin, author of "Paper Soldiers: How the Weaponization of the Dollar Changed the World Order." In her book, Saleha explores the intricate role of the US dollar in global affairs. From its inception during the Civil …
Jason welcomes Saleha Mohsin, author of "Paper Soldiers: How the Weaponization of the Dollar Changed the World Order." In her book, Saleha explores the intricate role of the US dollar in global affairs. From its inception during the Civil War to becoming the world's reserve currency at Bretton Woods, the narrative delves into the far-reaching influence of US Treasury policies. Despite challenges like the 9/11 terrorist attacks, where economic sanctions emerged as a potent tool, the dollar's status remains resilient. However, mounting national debt and unfunded entitlements cast shadows on its future, raising concerns about potential inflationary pressures and economic uncertainties.
#DollarHegemony #CurrencyPolicy #EconomicPower #Globalization #EconomicSanctions #GlobalFinance #USDollar #Inflation #DebtCrisis #Bipartisanship #FutureOutlook
Key Takeaways:
0:00 Welcome Saleha
0:43 Definitions of the dollar
2:46 Paper currency was immoral
4:41 Sanctions as a weapon- Why 911
7:05 Will sanctions backfire
9:16 Russia's economy vs. sanctions
12:26 Paper soldiers and faith in the US democracy
15:18 Solutions
18:10 Optimistic about the future
23:47 Humanizing global economic policy
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