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Hosted by David Beckworth of the Mercatus Center, Macro Musings is a podcast which pulls back the curtain on the important macroeconomic issues of the past, present, and future.

Apr 22, 2024

Saleha Mohsin is a senior Washington correspondent for Bloomberg News, where she covers policy, politics, and power in Washington, DC. Saleha is also the author of a new book titled, *Paper Soldiers: How the Weaponization of the Dollar Changed the World Order,* and she joins David on Macro Musings to talk about it. Specifically, David and Saleha also discuss the intelligence and enforcement tools of the US Treasury, the basics and importance of SWIFT, the effectiveness of US sanctions, and a lot more.

 

Transcript for this week’s episode.

 

Saleha’s Twitter: @SalehaMohsin

Saleha’s Bloomberg archive

 

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Related Links:

 

*Paper Soldiers: How the Weaponization of the Dollar Changed the World Order* by Saleha Mohsin

 

*The Big Take* hosted by Saleha Mohsin

 

Timestamps:

 

(00:00:00) – Intro

 

(00:03:43) – The Weaponization of the Dollar on the Global Stage

 

(00:08:55) – The Intelligence and Enforcement Tools of the US Treasury Department

 

(00:13:10) – Breaking Down SWIFT and Its Importance

 

(00:18:27) – Sanctioning Russian Oligarchs

 

(00:22:42) – The Importance and Significance of Robert Rubin

 

(00:25:29) – The George W. Bush of the Treasury Department

 

(00:37:42) – Breaking Down the Joint Comprehensive Plan of Action

 

(00:41:06) – The Trump Administration, China, and the Rise of Populism

 

(00:45:30) – Evaluating the Effectiveness of the Russia Sanctions

 

(00:51:18) – Threats to the US in the Future

 

(00:52:48) – Outro