# Currency Devaluation on The No Agenda Show

Currency Devaluation comes up in 8 chapters across 8 episodes of The No Agenda Show, from December 2008 to April 2025.

- **Chapters:** 8
- **Episodes:** 8
- **Discussed:** December 2008 – April 2025
- **Related topics:** [Bernie Sanders](https://search.noagendashow.net/topic/bernie-sanders.md), [Bill Gates](https://search.noagendashow.net/topic/bill-gates.md), [Brazil](https://search.noagendashow.net/topic/brazil.md), [C-span](https://search.noagendashow.net/topic/c-span.md), [Censorship](https://search.noagendashow.net/topic/censorship.md), [China](https://search.noagendashow.net/topic/china.md), [Digital Dollar](https://search.noagendashow.net/topic/digital-dollar.md), [Dollar Devaluation](https://search.noagendashow.net/topic/dollar-devaluation.md), [Donald Trump](https://search.noagendashow.net/topic/donald-trump.md), [Exchange Rates](https://search.noagendashow.net/topic/exchange-rates.md)

## Chapters 1–8 of 8

### Dollar Devaluation, Stablecoins, Reserve Currency Mechanics

- **Episode:** [1759: Eat The Babies](https://search.noagendashow.net/episode/1759-eat-the-babies.md)
- **Published:** 2025-04-27
- **Time:** 58:31–1:02:09
- **Transcript:** https://search.noagendashow.net/episode/1759-eat-the-babies/chapter/dollar-devaluation-stablecoins-reserve-currency-mechanics.md

The hosts debate the mechanisms of devaluing the U.S. dollar, contrasting it with China's central planning approach. One theory discussed involves flooding the market with digital dollars or stablecoins backed by Treasuries to increase liquidity and lower the dollar's value. Reference is made to Howard Lutnick and Cantor Fitzgerald's role in the stablecoin market as a potential vehicle for this economic shift.

Keywords: [dollar devaluation](https://search.noagendashow.net/topic/dollar-devaluation.md), [stablecoin](https://search.noagendashow.net/topic/stablecoin.md), [tether](https://search.noagendashow.net/topic/tether.md), [howard lutnick](https://search.noagendashow.net/topic/howard-lutnick.md), [reserve currency](https://search.noagendashow.net/topic/reserve-currency.md)

### Brazilian Real Devaluation, Five Eyes, Digital Dollar

- **Episode:** [1274: Thugs on a plane](https://search.noagendashow.net/episode/1274-thugs-on-a-plane.md)
- **Published:** 2020-09-03
- **Time:** 2:20:08–2:23:26
- **Transcript:** https://search.noagendashow.net/episode/1274-thugs-on-a-plane/chapter/brazilian-real-devaluation-five-eyes-digital-dollar.md

A donor from Brazil contributes 600 Reals, prompting a discussion on the significant devaluation of the Brazilian currency against the US Dollar. John C. Dvorak recalls his time writing for Brazilian magazines when the Real was pegged one-to-one with the dollar. They warn that a future US "digital dollar" could further disrupt international currency pegs.

Keywords: [brazil](https://search.noagendashow.net/topic/brazil.md), real, [currency devaluation](https://search.noagendashow.net/topic/currency-devaluation.md), [five eyes](https://search.noagendashow.net/topic/five-eyes.md), [digital dollar](https://search.noagendashow.net/topic/digital-dollar.md)

### Trump and Sanders Comparison on Trade and Currency

- **Episode:** [800: Toilet Wars](https://search.noagendashow.net/episode/800-toilet-wars.md)
- **Published:** 2016-02-21
- **Time:** 48:48–52:16
- **Transcript:** https://search.noagendashow.net/episode/800-toilet-wars/chapter/trump-and-sanders-comparison-on-trade-and-currency.md

Mika Brzezinski presented Donald Trump with a description of a candidate that he mistook for himself, but was actually Bernie Sanders, highlighting their shared populist themes. Trump discussed China's currency devaluation and the loss of American manufacturing to Mexico. The hosts analyze the economic impact of Chinese manufacturing and Apple's retail labor shifts.

Keywords: [donald trump](https://search.noagendashow.net/topic/donald-trump.md), [bernie sanders](https://search.noagendashow.net/topic/bernie-sanders.md), [mika brzezinski](https://search.noagendashow.net/topic/mika-brzezinski.md), [china](https://search.noagendashow.net/topic/china.md), [currency devaluation](https://search.noagendashow.net/topic/currency-devaluation.md), [manufacturing](https://search.noagendashow.net/topic/manufacturing.md)

### Currency Wars, UK Economic Devaluation

- **Episode:** [486: Bondpocalypse](https://search.noagendashow.net/episode/486-bondpocalypse.md)
- **Published:** 2013-02-10
- **Time:** 1:45:46–1:51:27
- **Transcript:** https://search.noagendashow.net/episode/486-bondpocalypse/chapter/currency-wars-uk-economic-devaluation.md

The global trend of currency devaluation is examined, with a focus on the United Kingdom's economic stagnation. The segment explores how countries lower their currency value to boost exports, potentially leading to broader international trade wars.

Keywords: currency wars, devaluation, [bill gates](https://search.noagendashow.net/topic/bill-gates.md), sterling, [trade wars](https://search.noagendashow.net/topic/trade-wars.md)

### Iranian Rial Devaluation and Official Exchange Rates

- **Episode:** [449: Deficit Pending](https://search.noagendashow.net/episode/449-deficit-pending.md)
- **Published:** 2012-10-04
- **Time:** 2:30:15–2:39:37
- **Transcript:** https://search.noagendashow.net/episode/449-deficit-pending/chapter/iranian-rial-devaluation-and-official-exchange-rates.md

The Iranian Rial has reportedly dropped 40% in value in a single week, leading to protests and shop closures at Tehran's Grand Bazaar. Adam Curry critiques a CNBC World report where the journalist claimed she could not show a currency chart because the "official rate" was "malarkey." The hosts discuss how sanctions are driving inflation in Iran and attempt to find the real-time exchange rate using Wolfram Alpha before signing off.

Keywords: iranian rial, cnbc world, [currency devaluation](https://search.noagendashow.net/topic/currency-devaluation.md), [sanctions](https://search.noagendashow.net/topic/sanctions.md), tehran grand bazaar, malarkey, [wolfram alpha](https://search.noagendashow.net/topic/wolfram-alpha.md)

### Currency Devaluation and the Failure of the Euro

- **Episode:** [377: Cleanest Dirty Shirt](https://search.noagendashow.net/episode/377-cleanest-dirty-shirt.md)
- **Published:** 2012-01-26
- **Time:** 1:30:30–1:33:30
- **Transcript:** https://search.noagendashow.net/episode/377-cleanest-dirty-shirt/chapter/currency-devaluation-and-the-failure-of-the-euro.md

The structural flaws of the Euro are discussed, specifically the inability of countries like Greece, Spain, and Italy to devalue their currency to remain competitive. The hosts recall the transition from local currencies like the Guilder and Lira to the Euro, noting the immediate and massive inflation that occurred. They predict that Italy may be the next major economy to face a default.

Keywords: [italy](https://search.noagendashow.net/topic/italy.md), [portugal](https://search.noagendashow.net/topic/portugal.md), [spain](https://search.noagendashow.net/topic/spain.md), [currency devaluation](https://search.noagendashow.net/topic/currency-devaluation.md), [lira](https://search.noagendashow.net/topic/lira.md)

### Peter Schiff Gold Commentary and Media Censorship

- **Episode:** [203: Slaughterhouse Blues](https://search.noagendashow.net/episode/203-slaughterhouse-blues.md)
- **Published:** 2010-05-27
- **Time:** 1:28:14–1:30:52
- **Transcript:** https://search.noagendashow.net/episode/203-slaughterhouse-blues/chapter/peter-schiff-gold-commentary-and-media-censorship.md

Financial commentator Peter Schiff's warnings about paper currency devaluation and the benefits of gold are discussed. The hosts note instances where media outlets appear to "pull the plug" on Schiff when his rhetoric becomes too critical of government monetary policy. This leads to a broader discussion on the TSA's new list for travelers who make screeners feel "threatened."

Keywords: [peter schiff](https://search.noagendashow.net/topic/peter-schiff.md), [gold](https://search.noagendashow.net/topic/gold.md), [c-span](https://search.noagendashow.net/topic/c-span.md), [currency devaluation](https://search.noagendashow.net/topic/currency-devaluation.md), [censorship](https://search.noagendashow.net/topic/censorship.md)

### Russian Ruble Devaluation, Oil Revenue, Currency Pegs

- **Episode:** [63: Save This Polar Bear](https://search.noagendashow.net/episode/63-save-this-polar-bear.md)
- **Published:** 2008-12-27
- **Time:** 50:27–53:12
- **Transcript:** https://search.noagendashow.net/episode/63-save-this-polar-bear/chapter/russian-ruble-devaluation-oil-revenue-currency-pegs.md

Russia has devalued the ruble by approximately 3% in response to falling oil revenues. Dvorak explains the mechanics of currency devaluation and how it relates to oil deals typically conducted in U.S. dollars. The move is intended to maintain domestic revenue levels despite the drop in global commodity prices.

Keywords: [russia](https://search.noagendashow.net/topic/russia.md), [ruble](https://search.noagendashow.net/topic/ruble.md), [oil prices](https://search.noagendashow.net/topic/oil-prices.md), [currency devaluation](https://search.noagendashow.net/topic/currency-devaluation.md), [exchange rates](https://search.noagendashow.net/topic/exchange-rates.md)

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