Glossary
Jiang’s explanation of the shift from gold-based valuation to broader global demand for US dollars via energy pricing.
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Nixon shock
Jiang’s explanation of the shift from gold-based valuation to broader global demand for US dollars via energy pricing.
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"main reason, from their perspective, is that Henry Kissinger, who was National Security Advisor to Richard Nixon, he was trying to triangulate between China..."
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"...would he do that? And the answer is, in 1971, the Nixon shock. So, if you talk to historians, they'll give you lots and..."
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Relevant Lectures And Readings
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Jiang treats the Xi–Trump visit as a strategic theater.
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