Jason introduces Sahala Moshsin and her book “Paper Soldiers: How the Weaponization of the Dollar Changed the World Order” and discusses the impact of economic sanctions, particularly those imposed on Russia. They also explore the challenges faced by countries trying to work around the US dollar’s global dominance, the mounting debt and its implications for the country’s future, and the negative impacts of US currency policy on globalization. Lastly, Saleha discusses the current social and economic upheavals and the importance of understanding the economy through a currency lens.
#PaperSoldiers #USCurrency #DollarHegemony #GlobalFinance #EconomicSanctions #ForeignPolicy #BrettonWoods #FinancialSystem #Globalization #Inflation #DebtCrisis #FutureOutlook #EconomicPolicy #InternationalRelations #USPolitics
Key Takeaways:
1:28 Welcome Saleha
2:09 Definitions of the dollar
4:02 Paper currency was immoral
5:49 Sanctions as a weapon- Why 911
8:02 Will sanctions backfire
10:04 Russia’s economy vs. sanctions
13:01 Paper soldiers and faith in the US democracy
15:40 Solutions
18:20 Optimistic about the future
23:32 Humanizing global economic policy
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