What Happens When Currencies Fail? Featuring Preston Pysh

<p><span style="font-weight: 400;">Yesterday, the Federal Reserve announced more than a trillion dollars in liquidity injections into the market. In the coming weeks, many observers expect trillions of more in stimulus in a variety of exotic new intervention tactics. </span></p> <p><span style="font-weight: 400;">While this will (hopefully) stem the still emerging economic fallout from the pandemic, it creates its own new set of problems. In this episode of The Breakdown, @NLW is joined by “We Study Billionaires” host Preston Pysh to discuss:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">How bond markets will react to the wave of stimulus </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The challenge of global coordination for a new Bretton Woods</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Why in the wake of stimulus some governments might turn to bitcoin </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">The three factors that lead to currency failure </span></li> </ul>