US dollar

“We printed 30% of the US dollars in circulation in the last six months, and everyone's cheering that the Dow is at 30,000.”

“So, yeah, I mean, I think that eventually it translates into inflation, but I think it translates into something even worse, which is at some point people become skeptical about loaning money to the US government and the, because they don't want the US to be a…”

“It could be that the US dollar coming out of 2023 starts to trade more like a risk asset and less like a risk free asset. And so I think that that's my big contrarian bet is that maybe this year marks the beginning of the end of the US dollar as the kind of gl…”

“So it's really hard to kind of just say, hey, it's going to be hyperinflationary, and the value is going to go to zero, it's just not going to happen.”

“This whole thing is a huge nothing burger.”

“And the actual amount of us dollar money hasn't changed that much. Gone between 60 and 70%”

“I think you have a very accurate assessment of what China wants, but it doesn't mean it's going to happen. And I think you have to make a bet. What do you think it's going to happen or not? I bet it's not going to happen.”

“And if you look at Swift in July, you know, the Swift volumes on us dollars was the largest ever.”

“I do think Bitcoin fundamentally is meant to be, supposed to be, ultimately will become a real threat to the US dollar”

“I think what tariffs allow us to do is rebase the long-term reliance on the US dollar. It allows us to rebase our ability to fund our own deficits. And it allows us to rebase the long-term ability for American companies to be economically vibrant.”

“The exit of the dollar as the world's global reserve currency is going to have some pretty nasty spillover effects, and it's going to require the government to start sucking in more dollars from the American population in order to pay off all of these debts th…”

“The dollar was down over 10% through the first half of 2025. This is the worst start in over 50 years.”

“Well, I think what's going to happen with these dollar based stable coins is they'll start being used all over the world. Let's say that you're in a country, maybe it's a developing world country where the fiat currency is not trusted. And now all of a sudden …”

“I am a huge believer in dollar as a reserve currency, and the fact we will be persistent as a reserve currency over a long period of time.”

“I went with the U.S. Dollar in different permutations of how you can buy it because our debt continues to grow unabated and, you know. I just think it's gonna be hard for, you know, the USD because we're talking about, we've been adding, I think we're gonna ad…”