Ezra Klein
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Podcast Appearances
And so one question I have for you is if you did everything that Stephen Moran wants to do and the dollar was no longer the world's reserve currency, although they say they wanted to maintain its role as a reserve currency, they're contradictory on that. But if it was no longer the world's reserve currency, if it devalued
And so one question I have for you is if you did everything that Stephen Moran wants to do and the dollar was no longer the world's reserve currency, although they say they wanted to maintain its role as a reserve currency, they're contradictory on that. But if it was no longer the world's reserve currency, if it devalued
Then what is your view of what that would buy us given the world we now live in of automation, of cheap global shipping, of artificial intelligence coming online, you know, very, very rapidly? Like, is the thing they're trying to achieve achievable with this mechanism?
Then what is your view of what that would buy us given the world we now live in of automation, of cheap global shipping, of artificial intelligence coming online, you know, very, very rapidly? Like, is the thing they're trying to achieve achievable with this mechanism?
Backbone of the American economy. International podcast advertising.
Backbone of the American economy. International podcast advertising.
I think you want to be more, I think I am being intellectually generous, but realistic. I think there's a deep nostalgia for Thank you. Thank you. Thank you. Thank you.
I think you want to be more, I think I am being intellectually generous, but realistic. I think there's a deep nostalgia for Thank you. Thank you. Thank you. Thank you.
Thank you. Thank you. Thank you. Thank you. Thank you.
Thank you. Thank you. Thank you. Thank you. Thank you.
Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you.
Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you.
That'd be something like $1 trillion plus over 10 years, which is significantly less than the cost of the tax cut they're planning.
That'd be something like $1 trillion plus over 10 years, which is significantly less than the cost of the tax cut they're planning.
However they score the tax cut, the deficit in 2026, it will still require us to pay for it.
However they score the tax cut, the deficit in 2026, it will still require us to pay for it.
So I guess my question here is whether or not in all these efforts to reorder the global financial system, where Steve Bannon and Stephen Moran, for different reasons, will tell you that the U.S. is badly overextended by its role as a global reserve currency and its role as a global defense protectorate, that their theory is that if you unwound that role the U.S.
So I guess my question here is whether or not in all these efforts to reorder the global financial system, where Steve Bannon and Stephen Moran, for different reasons, will tell you that the U.S. is badly overextended by its role as a global reserve currency and its role as a global defense protectorate, that their theory is that if you unwound that role the U.S.
is playing, you could solve or significantly ameliorate our debt problems? Do you buy that theory?
is playing, you could solve or significantly ameliorate our debt problems? Do you buy that theory?