Send us a textThe sanctions on Russia’s central bank use the reserve currency status of the US dollar to punish an American adversary. Will the US dollar lose its exorbitant privilege? What currency might replace the US Dollar as a reserve currency?Patrick's Books:Statistics For The Trading Floor: https://amzn.to/3eerLA0Derivatives For The Trading Floor: ... Show More
Oct 25
Who Really Pays for AI Data Centers?
Americans now oppose new AI data centers by roughly three to one, ranking them below coal plants and nuclear power stations, and towns across the country are passing moratoriums faster than tech companies can build. In this video, I look at the data center backlash: what holds up ... Show More
29m 18s
Oct 18
Did Ukraine Just Bomb the Russian Bots?
In October 2026, Ukrainian drone strikes knocked out three of Yandex’s six major data centers, and a viral chart claimed that Russian bots had vanished from social media overnight. They hadn’t. In this video, we look at what the strikes actually hit: Yandex’s search crawlers, Rus ... Show More
36m 23s
May 2023
The dominance of the US dollar
For over 80 years the US dollar has been king when it comes to global trade, is that beginning to change?We look at how the US dollar came to dominate global trade, ask what happens when a country runs out of dollars and explore why countries like China, India and Russia are star ... Show More
18m 53s
May 2025
Is the reign of the dollar over?
For decades, dollars have been the world's common financial language. Central banks everywhere hold dollars as a way to safely store their wealth. Countries, businesses, and people use it to trade; around 90% of all foreign exchange transactions involve dollars. It's the world's ... Show More
26m 14s