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China's Threat to The U.S. Dollar Is Way Overblown

To learn more than ever from important non-fiction books, join me on Shortform: https://shortform.com/moneymacro. You’ll get a 5-day free trial and a discounted annual subscription. One of my favorite books on Shortform is Capital in the Twenty-First Century. If you appreciate the research, consider buying me a 'coffee' at https://ko-fi.com/moneymacro or supporting long-term for membership benefits via:   / moneymacro   LIKE CHATTING ECON WITH ME? △ Follow me on Twitter:   / joerischasfoort   △ Follow me on LinkedIn:   / joeri-schasfoort   △ For deeper conversations, I have a private Discord server for Senior and Chief economist Patrons / members. SOURCES: I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog: https://www.moneymacro.rocks/blog Timestamps: 0:00 - introduction 1:07 - motive 3:46 - sponsor 5:10 - the plan 6:12 - spendability 9:50 - investability 13:49 - liquidity 17:22 - concerns Attribution: - Paris 1962 images from glamourdaze on YT Neon sign from: https://www.neonlights.be/discount/M&M15 Narrated and produced by Dr. Joeri Schasfoort Research assistance: Oskar Matthey Animations by: Hugo Bezombes Made possible by feedback from: Carlo Humpert & Joram Kok