Billionaire Chamath Palihapitiya Says Continued US Dollar Decay May Not Be a Bad Thing – Here’s Why

Billionaire venture capitalist Chamath Palihapitiya believes that a long-term decline of the US dollar is not an existential concern for America. In a new episode of the All-In podcast, host Jason Calacanis highlights that the US dollar index (DXY) witnessed its worst first-half performance in over 50 years after losing nearly 11% of its value against other major currencies in the first six months of 2025. While Calacanis describes the slump as “shocking,” Palihapitiya argues that the dollar has been in decline for decades, and it’s not a major concern because the gains from US assets have consistently outweighed the...