In Episode 286 of Hidden Forces, Demetri Kofinas speaks with Diana Choyleva and Dinny McMahon, the co-authors of a comprehensive new report that examines China’s plans to decouple from the dollar-based global trading and financial system.
In this conversation, Choyleva and McMahon discuss Beijing’s rationale for wanting to transform the renminbi into an international currency, how the Chinese communist party is striving to make that transformation, why it might prove unattainable, and what progress we can expect them to make over the coming decade. Regardless of whether the yuan proves capable of challenging US Dollar hegemony, the changes that Beijing is pursuing will have a profound impact on the functioning of trade and financial markets around the world. These changes will create new challenges for governments, businesses, and investors. Understanding what these challenges are, the steps that Beijing will take to overcome them, and how policymakers in the US and Europe will respond is crucial to making any reliable forecast about the future of the international political economy.
If you want to listen to the second part of this conversation, which includes a discussion about the digital renminbi, how Beijing is trying to institutionalize yuan outflows and increase international demand for the yuan, and policy prescriptions for Western governments you can do that by becoming a subscriber to one of our three content tiers at HiddenForces.io/subscribe. All subscribers get access to our premium feed which you can listen to on your phone using your favorite podcast app just like you are listening to this episode right now.
If you want to join in on the conversation and become a member of our Hidden Forces Genius community, which includes Q&A calls with guests, access to special research and analysis, in-person events, and dinners, feel free to send an email to info@hiddenforces.io, and Demetri or someone else from our team will get right back to you.
If you enjoyed listening to today’s episode of Hidden Forces you can help support the show by doing the following:
Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed
Write us a review on Apple Podcasts & Spotify
Subscribe to our mailing list at https://hiddenforces.io/newsletter/
Producer & Host: Demetri Kofinas
Editor & Engineer: Stylianos Nicolaou
Subscribe & Support the Podcast at https://hiddenforces.io
Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod
Follow Demetri on Twitter at @Kofinas
Episode Recorded on 12/01/2022
Rise and Fall of the Neoliberal Order | Gary Gerstle
Are We in a New Crypto Bull Market? | Framework Ventures
What’s Driving the Fall in Oil Prices? | Rory Johnston
How Can We Make Sense of the UAP Conspiracy? | Diana Pasulka
What Elites Don’t Understand About America | Rudy Havenstein
Who Makes The Rules In The Digital Gilded Age? | Tom Wheeler
Reflections on Life, Markets, & Investing | Zach Abraham
What Happened at OpenAI & Why It Matters | Nathaniel Whittemore
American Grand Strategy & the Logic of War | Edward Luttwak
Leadership and the Longing to Belong | Jerry Colonna
Artificial Intelligence and the Containment Problem | Mustafa Suleyman
How to Think About This Political Moment | Marshall Kosloff
Mounting Risk of a New World War | Walter Russell Mead
How America Broke Its War Machine | Michael Brenes
Iran's Role in the Hamas Attacks & Implications for the United States | Kamran Bokhari
What the Bond Sell-off Means for Investors | Andy Constan & Mike Green
Rise of the New Right & the Battle for America in 2024 | Henry Olsen
U.S. Semiconductor Export Controls On China Are Failing | Dylan Patel
The New Geopolitics of Global Finance | Brad Setser
Tech, Military, & Economic Drivers of US-China Competition | Diana Choyleva
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
NABOR® TALKS
U.S Property Podcast
Aligned Money Show
The Ramsey Show
Planet Money