Good morning. It is Sunday, July 13th. 81 years ago, next Saturday on July 22nd, 1944, leaders of 44 allied nations were waking up at the historic Grand Mount Washington, New Hampshire.They'd spent a busy few days there. And on that particular day, the effort to create a new post-war economic order would culminate in the signing of an unprecedented agreement, one which would establish for the world of money what World War II established for the world of military power, that the US was the global leader. The ...

All right. Well, even with the bid for treasuries and the US dollar today, Bank of America's new global fund manager survey sees falling demand for US assets, it also finds investors are more underweight the dollar than they've been in two decades. Our next guest sees this as a potential game-changing moment for the greenback.Peter Bookar is the chief investment officer at Blekeley Financial Group. He's also a CNBC contributor. Peter, great to have you with us.you know, with the dollar with the spade of dol ...

Market Trends & Potential Risks - Bitcoin could become the world's reserve currency due to the US debt situation [1] - All-time highs in US debt are coinciding with all-time highs in Bitcoin [4] - US government needs to control spending to preserve the American experiment [6] Coinbase Products & Services - Coinbase is moving into financial services like payments, borrowing, and lending, aiming to replace people's bank accounts [10] - Coinbase Business was announced for startups and medium-sized businesses to manage finances and payments [14][15] - Partnership with Shopify to power USDC payments for Shopify merchants and an AMEX Bitcoin card were announced [16] - Coinbase has launched a credit card with AMEX and a debit card with Visa [18] Regulatory Landscape - Regulation will be a huge boon for crypto, and Coinbase is actively working to get legislation passed [26] - The Stablecoin Act, the Genius Act, and the Clarity Act need to be passed into law [27] Partnerships & Investments - Coinbase is an equity holder and the largest distribution partner for Circle (USDC) with a substantial economic arrangement [19][20] - Coinbase would consider buying Circle if they were interested [22] Company Performance & Strategy - S&P 500 index inclusion has made Coinbase's stock less volatile [23][24] - Coinbase is shipping product at a startup pace [17]

Think there are a couple of things here. First, an agreement, you know, can is remarkable. And it's a fantastic book that the dollar is a reserve currency.People hold it because it's a store of value. It's useful in trade and financial markets. It delivers privileges to the U.S., lower borrowing costs and more importantly, the ability to borrow a lot more.Tom, I do think we want to put this in context. I don't see and I don't think Ken does, based on what he's written, I don't see the dollar losing that sta ...