{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Eurodollar University","title":"Move over yen, PBOC's desperate commercial-led rescue a dismal failure as yuan strikes new low. Why?","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/0f633e15\"></iframe>","width":"100%","height":180,"duration":1311,"description":"You can't understand what these currencies are doing or why their simultaneously crashing matters from the badly outdated, horribly ill-conceived mainstream Economics approach. It starts with what a reserve currency is and is supposed to do; and that isn't pricing oil. China is suffering a massive dollar problem - which means it is our problem, too. CNY DOWN = BAD applies to all of us.","thumbnail_url":"https://img.transistorcdn.com/-PtiTzNd5Hw0QA5KJSn4hxFg04siyhv-eokn_umaeKU/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzkyNDMvMTY2ODk5/MjU1OS1hcnR3b3Jr/LmpwZw.webp","thumbnail_width":300,"thumbnail_height":300}