About this episode
Why has the dollar remained dominant despite rising debt, geopolitical strain, and growing challengers? Barry Eichengreen joins Bankless to trace the history of global reserve currencies. From Spanish silver and the Byzantine solidus to sterling and the modern dollar, Barry explains the conditions that make a currency rise, endure, and eventually fall. We explore fiscal discipline, rule of law, military power, gold, China, and crypto to understand what history suggests about the dollar’s future.------📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24https://bankless.cc/spotify-premium------🔮POLYMARKET | #1 PREDICTION MARKEThttps://bankless.cc/polymarket-podcast 🪐GALAXYONE | SOLANA STAKINGhttps://bankless.cc/GalaxyOne🦊 METAMASK | DOWNLOAD NOWhttps://go.metamask.io/BL-Pod-Download 🏅BITGET TRADFI | TRADE GOLD WITH USDThttps://bankless.cc/bitget🎯THE DEFI REPORT | ONCHAIN INSIGHTShttps://thedefireport.io/bankless🌐BRIX | EMERGING MARKET YIELDhttps://bankless.cc/brix------TIMESTAMPS0:00 Intro5:11 Spanish Pieces of ape14:58 Solidus18:56 International Currency Status29:32 The Fall of International Currencies33:27 The Fall of The US Dollar41:38 What’s Special about the Dollar?47:39 Theoretical Currencies51:09 US Dollar Dominance Consequences59:39 When will the Dollar Fall?1:03:09 US Dollar Competitors1:08:32 Gold1:14:08 Bitcoin & Crypto1:18:23 Closing & Disclaimers------RESOURCESBarry Eichengreenhttps://x.com/B_EichengreenMoney Beyond Borders: Global Currencies from Croesus to Cryptohttps://www.amazon.com/Money-Beyond-Borders-Currencies-Croesus/dp/0691280533 ------Not financial or tax advice. See our investment disclosures here:https://www.bankless.com/disclosures