Mish Schneider: "You Don't Hurt a Country With a Bomb, You Use the Dollar" #Dollar #Trade

Summary

Mish Schneider warns that the US dollar's potential decline is a major concern, as it could lead to inflationary disasters and a new world order. She cites geopolitical tensions with China and the use of alternative currencies as key factors, overshadowing other issues like AI.

• Mish Schneider emphasizes the dollar as a tool for harming countries.
• She is nervous about the dollar falling further and its widespread impact.
• Geopolitical discussions with China involve yuan and cryptocurrency for trade fees.
• Purchasing power has already declined precipitously.
• A falling dollar would be inflationary, comparing to Venezuela's situation.
• This is her biggest concern over other technological developments like AI.