Carol Roth
speaker
1,228 appearances
14 recordings
2 series
first heard Mar 2025
last heard 3 Sep
Carol Roth’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 12 in all, peaking in Aug 2026 with 3.
Appearances
Traded and settled throughout the world.
Well, right now, primarily, whether it is energy, whether it is food, whether it is copper, you know, whatever the commodity is, those are priced and settled primarily right now in US dollars.
So that's a big piece of being the center of the financial universe.
And then of course, when comp when countries borrow.
What currency are they borrowing in?
And because all these other countries don't have the same perceived stability, they're often borrowing in US dollars.
So obviously, that gives us a lot of strength, not only in that sort of historical privilege of access to cheap financing, access to cheap goods and whatnot, but you know, in terms of our strength of being able
Able to use uh economics, to use finance, to use the dollar to get countries to acquiesce and do what they want, which makes it clear as to why somebody like Carney would not want the US to have that what is historically known as exorbitant privilege.
Yeah, I mean, that is the $40 trillion and growing question.
It used to be for you know having this privilege, like I said, that you would have central banks and they would be what we consider to be non-price sensitive buyers.
They would go out and they would buy our treasuries no matter what on the regular, so that they would have them in reserve and for you know whatever else they needed.
And we're seeing on net that.
Central banks have abandoned that.
And that's heavily been led by China.
But if you look at things since 2014, over the last 12 years, you add up all the times that they have bought central banks and all the times that they have sold on net, there actually have been net sellers.
So who's buying when we have two trillion dollar deficits?
We have price sensitive buyers, you have hedge funds and individuals.
And
So there's
So they're not buying at any cost.
Showing 321–340 of 1,228 · page 17 of 62
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