Why Jeff Bezos might just deserve the Nobel Peace Prize [Podcast]
In the two weeks since “Liberation Day”, we’ve received plenty of very smart, thoughtful questions from our readers.
So today we recorded a special Q&A podcast to cut through the chaos and confusion these new trade measures have sparked in the markets.
We answer:
- Is the President’s top economic adviser correct that the US dollar’s reserve status is “hurting” the US economy?
- What’s happening with gold? Why did it initially drop, and then soar?
- Can the BRICS bloc switch entirely to yuan trade settlement, and, if so, who wins?
- Do foreign countries actually own US debt— or does the US hold all the cards through third-party custodians?
- What’s with the historic whipsaw in Treasury bond yields, and how big of a deal is this?
- Why would China buy Treasuries at the highest possible price, only to lose tons of money when they sold?
- Can China afford to weaponize their dollar reserves—or are they shooting themselves in the foot?
- And… humorously, why I think Jeff Bezos deserves the Nobel Peace Prize…
You can listen in below.
Podcast transcript can be accessed here. Any other questions, just let us know.
Simon Black is an international investor, entrepreneur and permanent traveler. His daily letter is both educational and entertaining, and we suggest that those who want unbiased, actionable information about global opportunities sign up for Sovereign Man’s free, actionable newsletter at http://www.SovereignMan.com.
From Simon Black of SovereignMan.com
Source: https://www.schiffsovereign.com/podcast/why-jeff-bezos-might-just-deserve-the-nobel-peace-prize-podcast-152539/
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