Episode 1: Saleha Mohsin

How the Strong Dollar Became the Weaponized Dollar

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Over the last few decades, the Department of Treasury has transformed from an institution that managed the dollar, government budgets, and issued bonds into an institution playing a critical role in US national security. At the heart of this transformation was cast of characters—legislators and bureaucrats—who realised the immense power that the U.S. government could wield through the use of sanctions, including the power to wage economic war.

Saleha Mohsin has covered the Treasury Department for Bloomberg since 2016. Her new book, tilted, Paper Soldiers: How the Weaponization of the Dollar Changed the World Order, was published earlier this month and draws on interviews with more 100 current and former officials and diplomats.

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The Sanctions Age is produced by Spiritland Productions and is supported by a grant from the Hollings Center for International Dialogue.

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The rest of this email is for paid subscribers and includes Esfandyar’s reflections on his conversation with Saleha and a full episode transcript. If you would like access to this additional content and want to support the show, please subscribe by clicking the button below.

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