Surf Report: Straight Triffin

Issue 23: 02.28.2021 (Subscribers Edition)

INTRODUCTION

February 28, 2021

Hey everyone—I’m so glad to have you here. What a week.

The days of the dollar as the global reserve currency appear to be waning.

A big part of the reason is something called the Triffin dilemma, which was acknowledged back in the 60’s well before Nixon took the dollar off the gold standard. In short: it’s the situation whe…