Catherine Rampell

I'm just going to invest it in something else that looks safer by comparison to U.S. Treasuries, which is a really bad sign because historically, U.S. Treasuries have been considered the safest of safe assets. That's part of the reason why we enjoy the dollar as the global reserve currency because everybody trusts that The U.S. is safe. We're going to pay off our bills and blah, blah, blah, blah.

And that's like the benchmark for everything else. We are we are how you determine what is safe and then everything else is like a little bit less safe. But how much? So that's not what we're seeing right now. So, again, we don't know exactly what's happening. Given some of the evidence we've seen, probably Larry is at least partly right.

And that's like the benchmark for everything else. We are we are how you determine what is safe and then everything else is like a little bit less safe. But how much? So that's not what we're seeing right now. So, again, we don't know exactly what's happening. Given some of the evidence we've seen, probably Larry is at least partly right.

And that's like the benchmark for everything else. We are we are how you determine what is safe and then everything else is like a little bit less safe. But how much? So that's not what we're seeing right now. So, again, we don't know exactly what's happening. Given some of the evidence we've seen, probably Larry is at least partly right.

And, you know, really not a good long term sign, even if Donald Trump, for example, finds an off ramp here from these tariffs. And I don't know that he will because I don't even know what that would look like.

And, you know, really not a good long term sign, even if Donald Trump, for example, finds an off ramp here from these tariffs. And I don't know that he will because I don't even know what that would look like.

And, you know, really not a good long term sign, even if Donald Trump, for example, finds an off ramp here from these tariffs. And I don't know that he will because I don't even know what that would look like.

Even if he does, he may have permanently damaged the reputation of the United States geopolitically and economically.

Even if he does, he may have permanently damaged the reputation of the United States geopolitically and economically.

Even if he does, he may have permanently damaged the reputation of the United States geopolitically and economically.

Yeah, if people don't want dollars, that will make the dollar less attractive, and so the dollar value falls.

Yeah, if people don't want dollars, that will make the dollar less attractive, and so the dollar value falls.

Yeah, if people don't want dollars, that will make the dollar less attractive, and so the dollar value falls.

Well, yeah, if they'll even have us.

Well, yeah, if they'll even have us.

Well, yeah, if they'll even have us.

I don't know. know. I don't know what your Wi-Fi signal will be like in federal detention.

I don't know. know. I don't know what your Wi-Fi signal will be like in federal detention.

I don't know. know. I don't know what your Wi-Fi signal will be like in federal detention.

Yeah, so that's definitely a risk. I don't know if we know yet how China's position has changed, but that's definitely a risk. And that's part of what I was talking about. Like people don't want any money in the United States and they may not want money in the United States because they think it's too risky.