The U.S. government has weaponized the dollar as a foreign policy billy club. This might be good foreign policy, but it carries some significant economic risk.
In this episode of the Midweek Memo podcast, Mike Maharrey explains how the U.S. has weaponized its currency and the world's response, highlighting the accelerating pace of de-dollarization and what it could mean for the U.S. economy.
This week, Mike also shares a story underscoring the durability of silver money.