Eddie Fishman
speaker
753 appearances
1 recordings
1 series
first heard Jun 2026
last heard 11 Jun
Eddie Fishman’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 — 1 in all, peaking in Jun 2026 with 1.
Appearances
The dollar's central role in the global economy is absolutely imperative for our way of life in the United States.
We run these giant budget deficits every single year because we can just borrow money.
And that's because there's basically infinite demand for U.S.
treasuries, our government debt.
But then to your point, Trevor, when it comes to economic warfare, which, by the way, has become the central way that countries compete with each other today, unlike nuclear weapons, you actually can use economic weapons.
Right.
The key economic weapon that the United States has is the dollar.
Look, I mean, we did pursue economic warfare against Iran.
That was the strategy that originated in the second term of George W. Bush.
It was actually kind of interesting.
His undersecretary of the Treasury for Terrorism and Financial Intelligence, the guy who oversaw all the sanctions programs,
He had heard Bush make this comment where Bush was like, sanctions have no utility against Iran, they're never going to work.
He took that as a personal challenge.
One day, he was actually sitting in a hotel in Bahrain flipping through the Financial Times when he came across an article about a Swiss bank that had cut ties with Iran of its own volition.
And kind of a light bulb went off with him where he was like, hold on a second.
Like, maybe I don't need to persuade other governments to shun Iran.
I could literally just go to bankers.
Yeah, bankers in London or Singapore or Frankfurt or wherever and persuade them not to do business with Iran of their own volition.
And if they don't agree, you know, I could threaten to cut them off from the U.S.
dollar.
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