Go offline with the Player FM app!
Global Reserve Currencies and the Triffin Dilemma
Manage episode 478006243 series 2739686
Today, approximately 160 currencies are used worldwide. Some countries share the same currency, while others use the currency of another country.
However, not all currencies are equal. One currency always tends to become the dominant currency in international affairs, known as the global reserve currency.
There are benefits for the country that issues the global reserve currency. However, there are also major drawbacks, and the two cannot be separated.
Learn more about Global Reserve Currencies and the Triffin dilemma on this episode of Everything Everywhere Daily.
Sponsors
- Mint Mobile
- Cut your wireless bill to 15 bucks a month at mintmobile.com/eed
- Quince
- Go to quince.com/daily for 365-day returns, plus free shipping on your order!
- Stitch Fix
- Go to stitchfix.com/everywhere to have a stylist help you look your best
- Tourist Office of Spain
- Plan your next adventure at Spain.info
- Stash
- Go to get.stash.com/EVERYTHING to see how you can receive $25 towards your first stock purchase and to view important disclosures.
Subscribe to the podcast!
https://everything-everywhere.com/everything-everywhere-daily-podcast/
--------------------------------
Executive Producer: Charles Daniel
Associate Producers: Austin Oetken & Cameron Kieffer
Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere
Update your podcast app at newpodcastapps.com
Discord Server: https://discord.gg/UkRUJFh
Instagram: https://www.instagram.com/everythingeverywhere/
Facebook Group: https://www.facebook.com/groups/everythingeverywheredaily
Twitter: https://twitter.com/everywheretrip
Website: https://everything-everywhere.com/
Learn more about your ad choices. Visit megaphone.fm/adchoices
1778 episodes
Manage episode 478006243 series 2739686
Today, approximately 160 currencies are used worldwide. Some countries share the same currency, while others use the currency of another country.
However, not all currencies are equal. One currency always tends to become the dominant currency in international affairs, known as the global reserve currency.
There are benefits for the country that issues the global reserve currency. However, there are also major drawbacks, and the two cannot be separated.
Learn more about Global Reserve Currencies and the Triffin dilemma on this episode of Everything Everywhere Daily.
Sponsors
- Mint Mobile
- Cut your wireless bill to 15 bucks a month at mintmobile.com/eed
- Quince
- Go to quince.com/daily for 365-day returns, plus free shipping on your order!
- Stitch Fix
- Go to stitchfix.com/everywhere to have a stylist help you look your best
- Tourist Office of Spain
- Plan your next adventure at Spain.info
- Stash
- Go to get.stash.com/EVERYTHING to see how you can receive $25 towards your first stock purchase and to view important disclosures.
Subscribe to the podcast!
https://everything-everywhere.com/everything-everywhere-daily-podcast/
--------------------------------
Executive Producer: Charles Daniel
Associate Producers: Austin Oetken & Cameron Kieffer
Become a supporter on Patreon: https://www.patreon.com/everythingeverywhere
Update your podcast app at newpodcastapps.com
Discord Server: https://discord.gg/UkRUJFh
Instagram: https://www.instagram.com/everythingeverywhere/
Facebook Group: https://www.facebook.com/groups/everythingeverywheredaily
Twitter: https://twitter.com/everywheretrip
Website: https://everything-everywhere.com/
Learn more about your ad choices. Visit megaphone.fm/adchoices
1778 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.