This is a special edition of Macrovoises with hedge fund manager Eric Townsend.

The premier financial podcast targeting professional finance, high net worth individuals, family

offices, and other sophisticated investors.

Now for this special edition of Macrovoises, here's hedge fund manager Eric Townsend.

Macrovoises All Stars episode number 50 was recorded on August 26, 2019.

I'm Eric Townsend. All Star Professor Steve Keane is back with us today and this episode

of Macrovoises All Stars is brought to you by top traders on plug.com. The only podcast dedicated

to quant and rules based investing. And right now they're offering Macrovoises listeners

a free book called The Many Flavors of Trend Following. I'll tell you how you can claim it

at the end of this episode. Steve it's great to have you back on the show. I'm going to start by

telling you a story. I about a month ago produced a couple of videos predicting that the ultimate

resolution to Triffin's dilemma will be the replacement of the US dollar as the world's global

reserve currency by a new central bank issued global digital reserve currency, a digital currency

issued by governments that I believe will eventually take over and become the center of the global

financial system. That was the central prediction of my book and this series of videos that I just

produced. I recorded them a month ago but they've been stuck in editing until now and one of the

things that's in the videos that I kind of made fun of a couple of central bankers who really

just didn't seem to get it. One of them was Bank of England had Mark Carney who as of a year or two ago

was dismissive of digital currency completely and I've got a quote from him and I kind of

make him out to be the guy who doesn't seem to be smart enough to see that where we're really

headed is toward a global digital reserve currency. About an hour before my videos were finally

released after my graphics editor has been working on them for several weeks about an hour before

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