
What If the Too-Strong Dollar Is a Solved Problem? Feat. Jon Turek
Today on the Brief: The latest information in the Twitter hack Thailand starts using its central bank digital currency Treasury Secretary Mnuchin calls on Congress for more funds Our main conversation is with Jon Turek, author of “Cheap...
July 18, 20201h 4m
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Show Notes
Today on the Brief:
- The latest information in the Twitter hack
- Thailand starts using its central bank digital currency
- Treasury Secretary Mnuchin calls on Congress for more funds
Our main conversation is with Jon Turek, author of “Cheap Convexity.”
In this conversation, he and NLW discuss:
- Why the dollar has gotten stronger thanks to a savings glut from Asia
- How a too-strong dollar hurts other markets more than the U.S.
- Why globalization died in 2011 and we just didn’t realize it
- How the Fed fixed the global dollar plumbing
- Why there are still questions of actual dollar shortages
- The detente in U.S.-China financial relations
Find our guest online
Website: Cheap Convexity
Twitter: @jturek18