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What If the Too-Strong Dollar Is a Solved Problem? Feat. Jon Turek

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...

The Breakdown

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