Kathleen Tyson describes how the alternative to the dollar is itself multipolar. Book: https://www.goodreads.com/book/show/200827451-multicurrency-mercantilism OUTLINE 0:23 - The transition in the global monetary order is real 0:47 - The alternative to the dollar is the dollar and all other currencies 1:55 - Wire war is accelerating flight from the dollar 2:47 - US & Europe talk about fragmentation. Everyone else is globalizing 3:24 - The Angell Paradox 4:14 - Stability, resiliency, and inflation 4:33 - Gold returns as the hegemonic asset 5:23 - The debt challenge 6:04 - Technology & Infrastructure LINKS Network State Conference: https://ns.com/conference Full Network State Conference 2025 playlist: https://www.youtube.com/playlist?list=PLJg2RipiXz8oDoMPCsmOVI_UEaSNbgjA6
Kathleen previews the next financial crisis through the lens of multicurrency mercantilism, showing how the decline of dollar dominance and the rise of China’s yuan strategy could reshape the global economy. Website: https://x.com/kathleen_tyson_ OUTLINE 0:00 - Multicurrency mercantilism 2:30 - The world is moving away from the dollar 5:05 - No new Hedgemon 7:42 - Deindustrialization 9:30 - Stability, Resiliency and Inflation 10:48 - Gold returns as the hegemonic asset 11:35 - The biggest challenge of all is debt 13:08 - China’s global yuan strategy LINKS Kathleen Tyson: https://x.com/kathleen_tyson_ Multicurrency Mercantilism: https://a.co/d/bep5Z0f Network State Conference: https://ns.com/conference Full Network State Conference 2024 playlist: https://www.youtube.com/playlist?list=PLJg2RipiXz8qTp3xEaD5F0e5zy9C9PkNo
Kathleen Tyson talks about the emerging world of multicurrency mercantilism: rather than a single replacement for the dollar, it faces many competitors and technological unbundling. Book: https://www.amazon.com/Multicurrency-Mercantilism-International-Monetary-Order-ebook/dp/B0CHPGRSP4/ref=sr_1_1 0:25 - Shift from US dollar dominance 1:06 - Accomplishments in financial infrastructure 2:36 - Creating Dubai International Financial Center 3:38 - Asia's growing economic influence 4:01 - Definition of multi-currency mercantilism 6:30 - Figures on global trade and currency 8:43 - Globalization to accelerate 9:47 - The Angell Paradox