Episode 29 with Alfonso Peccatiello
From Strong Source by Strong Source
November 21, 2025 · 1h 16m · Season 1 · Episode 29
About this episode
Alfonso Peccatiello discusses the workings of the global dollar system and the factors contributing to the U.S. dollar's dominance.
In this episode, Alfonso Peccatiello, Founder & CIO of Palinuro Capital and creator of The Macro Compass, breaks down how the global dollar system truly works. He explains why commodities priced in USD force countries to recycle dollars into U.S. Treasuries, how government deficits and private-sector leverage create money, and why the U.S. dollar remains dominant despite recurring predictions of its decline. A clear, accessible deep dive into macro forces shaping markets today.
People in this episode
Guest: Alfonso Peccatiello
Topics covered
- global dollar system
- commodities
- U.S. dollar dominance
- government deficits
- macro forces
- financial markets
Keywords
- dollar system
- commodities
- U.S. Treasuries
- government deficits
- macro economics
- financial markets
- Alfonso Peccatiello
Mentioned in this episode
Organizations: Palinuro Capital
Books & works: The Macro Compass
Places: U.S., U.S. Treasuries
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