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Is Being the ‘Saudi Arabia of Money’ Good for America?

A reading of “How to Diagnose Your Own Dutch Disease,” a look at the problems of America’s dollar trade.

(William_Potter/Getty Images)
(William_Potter/Getty Images)

A reading of “How to Diagnose Your Own Dutch Disease,” a look at the problems of America’s dollar trade.

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This episode is sponsored by Crypto.comBitstamp and Nexo.io.

On this week’s Long Reads Sunday, NLW looks at recent statistics suggesting that, based on a comprehensive set of measures of well-being, U.S. citizens are worse off than they were a decade ago.

One potential explanation is the U.S.’ “USD Dutch Disease” - a peculiar set of consequences resulting from the role of the U.S. dollar in the world.

This week’s reading is “How to Diagnose Your Own Dutch Disease” from the Financial Times.

See also: A Practical Utopian’s Guide to the Coming Collapse

For more episodes and free early access before our regular daily releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore