The US administration is shifting from sanctions-based coercion (which can confiscate assets and creates existential financial risk) to tariff-based taxation (which imposes a percentage cost) to maintain dollar hegemony; this shift reduces the financial existential risk of holding dollar assets while preserving the cost of avoiding the US financial system.
causalpending
Speaker
Joseph WangEvidence Quote
“the way that they're trying to do this is to move away from the sanctions and towards things like tariffs... sanctions are different from tariffs in that... you could just confiscate someone's assets... That's very different risk than saying that you'd have to pay an extra 10 or 20% to to use a dollar or to use the US financial system”
Source
The Secret To Maintaining Dollar Dominance | Joseph Wang & Austin Campbell LIVE @ DAS— Forward GuidanceCreated: 8/11/2026, 8:05:39 AM
My Notes
Loading notes...