October 31, 2022· 43 min

Hyun Song Shin Explains Why This Dollar Shock Is So Unique

Orality
Model
81%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(1,240 words)
M:28%
HostJoe Weisenthal(1,357 words)
M:94%
GuestHyun Song Shin(5,041 words)
M:27%

Oral Indicators

Agonistic47%
very, definitely, massive
Engagement79%
you, our, your
Memory Aids100%
listen, so, now
Repetition100%
know (214x), dollar (93x), it's (59x)
Parallelism100%
So why would I pay for stuff I..., And I'm Joe Weisenthal...., And then everything else sort ...
Sound Patterns33%
28 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases2%
i mean

Literate Indicators

Hedging11%
quite, maybe, fairly
Passive Voice5%
is been, are then, is concerned
Abstract Nouns17%
investment, business, verizon.com/business
Subordination9%
because, though, therefore
Sentence Length48%
Avg: 17.1 words/sentence
Word Complexity48%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style21%
674 personal pronouns found
Descriptive Style100%
exactly, apply, monthly

Description

It's no secret that a strong US dollar causes the rest of the world pain, but the impact of this year's rally is shaping up to be a bit different than previous episodes of dollar strength. Hyun Song Shin is the Economic Adviser and Head of Research for the Bank for International Settlements, which has just published a bulletin outlining why this particular dollar cycle is so unique. Shin has also done a ton of previous academic research on this exact topic — examining what happens to global trade and business investment when the dollar hits its highs. In this conversation, we talk to him about the impact of the dollar rally, what could stop it and what policymakers around the world can do to cope. See omnystudio.com/listener for privacy information.