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Benn Steil
Senior fellow & director of international economics, Council on Foreign Relations
Wrote award-winning histories of Bretton Woods and the Marshall Plan, and leads CFR’s Geo-Graphics economics blog.
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Real Alpha has cut 4 moments of Benn Steil (Senior fellow & director of international economics, Council on Foreign Relations) talking, from an interview on The Real Eisman Playbook published Oct 26, 2026.
What Benn Steil said
Inflation, The Deficit & Why the Dollar Stays King with Benn Steil | The Real Eisman Playbook Ep 81
4 moments · 18 min
- 20:05
U.S. debt faces a tougher market as rate-sensitive buyers grow
“the more debt we issue, the more interest-rate-sensitive investors we have to attract into the market to buy our debt.”
at 24:48 - 5:24
The Fed’s forecasts make forward guidance less useful Pro pick
“the Fed has been systematically worse than so-called blue-chip private sector forecasters for many, many decades now”
at 6:58 - 8:51
A small Treasury operation could not bluff the bond market Pro pick
“They said, $40 trillion is just overwhelming. It's just too big. So, you can't head fake this market.”
at 11:14 - 14:23
Gold is the main reserve alternative to the dollar
“countries have learned that during a crisis, gold is approximately as good, some could argue, better than the U.S. dollar”
at 17:23
- 20:05