Episodes

economy foreign policy china oil us dollar

Will Saudi Arabia Begin to Sell Oil in Yuan? | Anas Alhajji | YDHTY, S2E38

The Saudi government made headlines in March when it hinted it might accept payment for oil in China's currency, the renminbi. This breaks with the longstanding tradition of OPEC buying and selling oil exclusively in US dollars, and is thought to be a move towards creating an alternative system of...
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history economy foreign policy china

Will the Renminbi Become a World Currency? | Benjamin J. Cohen

In the last episode of YDHTY, we explored China's plan to replace the dollar as the dominant global currency with Zoe Liu of the Council on Foreign Relations. In it, we learned the measures China is taking to internationalize the renminbi and create an economic sphere independent of US influence. ...
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podcast economy china ukraine

Redback vs Greenback: China's Plan to Replace the Dollar | Zoe Liu | YDHTY, s2e35

Sanctions have proven a valuable weapon against Russia in response to its invasion of Ukraine, allowing Western nations to cripple the country's economy and target the oligarchs who run it. They've also accelerated a trend to move away from the dollar as the chief currency for international...
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podcast national debt politics economy

How to Pay Off the National Debt - What History Tells Us | Barry Eichengreen | YDHTY - S2E28

The United States ranks alongside a long list of nations that have taken on enormous debt to fight wars, pandemics, and fuel future economic growth. How have nations resolved their debts, and what does this tell us about the future of the United States? Barry Eichengreen of UC Berkeley joins me in...
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podcast national debt politics economy

How to Reform Federal Spending | Maya MacGuinaes of the CFRB | YDHTY, S2E27

In the conversation around the US national debt, the process around what the government spends money on and how is often crowded out by conversations around what spending programs we should add. For Maya MacGuinaes of the Committee for a Responsible Federal Budget, the current process is one that...
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podcast economy

2030: Preparing For a Decade of Transformative Change | Mauro Guillén | YDHTY, ep 93

As a year, 2020 was a decade in and of itself. What began with wildfires in Australia and a near war with Iran and ended with an American president refuting the results of an election for the first time in history contained a pandemic that changed how we work, educate our children, and communicate,...
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economy

The Decline of the Labor Movement | Dan McCrory | YDHTY, EP 92

The recent vote against unionization by workers at an Amazon warehouse in Bessemer, Alabama has brought the conversation on the role of organized labor back to the forefront. Once 25% of all workers in the United States, union members now comprise just over 10% of the total workforce - a trend that...
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national debt economy

The Rise and Fall of the Petrodollar | YDHTY, EP 89

Since World War 2, the US has operated under the mantle of being a champion and protector of democratic values. At the same time, its policy in the Middle East has involved close relationships with autocratic regimes, and military engagements more reflective of an imperial power than a defender of...
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podcast national debt economy

The Rise of Bitcoin & The Case for a New Global Currency | YDHTY, EP 79

If the riot at the Capitol was a signal of the populist right's mistrust and discontent with the establishment, the recent run up in the price of GameStop's stock by a mob of Redditor's at the expense of hedge funds might be the populist left's. Since September 2020, a group of average investors on...
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podcast economy

How to Make Towns More Sustainable | Chuck Marohn | StrongTowns.org

Of the pandemic's many casualties, the fiscal state of America's cities and towns has been chief among them. In a report put out by the National League of Cities last year, cities, towns, and villages across America are predicted to see a collective budget shortfall of over $200 billion over the...
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