U.S. Dollar Will No Longer be World Reserve Currency as Economic Warfare Escalates!



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Comments

  1. Good clear explanation of reserve currency and what's on the horizon. Thanks :)
  2. Thank you, very informative.
  3. I didn't understand the example about russia exchanging with China. How does America benefit for doing nothing? Why does the reserve currency status benefit them? I also didn't understand how u can ship away your debt
  4. This will give Trump something else to preach about.
  5. Latest update, China has devalued the Yuan 3 times since this video was made. Dollar will fail as it is a FIAT currency.
  6. One year, 7 months later and it looks like China is going to make a move.
  7. Oct 2 get ready for inflation DKB is facing a 14 billion fine they have so much derivatives on silver and gold
  8. Correct me if I'm wrong, but a reserve currency is a bit more protected from inflation because it increased the demand for that currency.
  9. Its bringing the US Dollar down.  But its up !  LOL  That means it is NOT bringing it down !  The Reason is because everyone is devaluaing\printing at the same basic rate.  What kind of nonsense satement is that ?  Its bringing it down but its actually up =  Meaningless Nonsense.
  10. Its the same old story, why is there a pecking order? germs fight germs, insects scavenge and hunt each other, the animals also and then that leaves man..china stockpiles gold i read, russia also, both isolated from nato. and surrounded by 450 u.s military bases around the world with nato. and oh yea the u.s.a has the reserve currency, the dollar also protected by gold...black gold..oil. the question is what shall america do if its currency as a reserve is threatened? i would say the entire world is jelous of american power, wealth, technology, freedom, individuality, ingenuity, standard of living, etc.. the winners forget ,but the losers never forget. just think of america like a giant casino, you step in ,and everythings possible, of course most people that go to the casino don't win, but it is possible.unfortunatly seems we as people seem to enjoy a gigantic tub of war, in our daily lives, seeking to get ahead, and all the way up to the governments.. foemer k.g.b  agent that never gives up control of russia? still america helped russia, allies ww2, and then u.s helped rebuild germany, helped china from japan, now protects japan. all economies entertwined now, must find a balance of wealth, and freedom. not millions running from there land, to screw another land up. if u think of our lands boundaries were set by blood. good luck, in the casino and your tub of wars.
  11. Very helpful, dude!
  12. Nice video and a lot of good information! 2 mistakes:
    - 1:05, Though the USD is used by countries in trade of commodities even though the US is not involved, this is not the only function of the major reserve currencies: it also used as a safe haven to protect wealth and for all international trade involving the US.
    - 3:40, it is certainly not free money. It is true that the cost of capital(interest rates) goes down as the demand for the USD decreases, but it is still an accumulation of debt and not free money.

    Nevertheless, nice video but with a very exaggerated title as this will take many years, and as you say in the video: rather than losing its position as major reserve currency, it might have to share it with a basket of other currencies as bilateral agreements are created and investors seek to diversify risk.
  13. What is currency? (not reserve currency) Does it have a real value? (material) An ounce of gold is an ounce of gold here and in china, but the dollar is not gold based, so? what is the price of gold respect to which currency? a stable currency? the one wich does what? why is stable? ...Why use a reserve as currency and not as gold? The best currency will be the one which cost you less and buys more gold doesn't it.
    So I thumbs down, and stop at the begining
  14. great economic lesson on reserve currency!
  15. Bitcoin or bust.
  16. Re-instate the Glass Steagall Banking Act, eliminate your UNCONSTITUTIONAL and Usuriously Ruinous Privately Owned Usuriously Avariciously Greedy FEDERAL RESERVE WHICH IS ALSO A CRIMINAL INSTITUTION UNLAWFULLY PROTECTED BY THE U.S GOVERNMENT. And replace it with a Government owned and Government controlled Public Treasury which has the Sole Constitutional Rights to mint and issue a highly regulated-policed NON-INTEREST CREDIT based on Alexander Hamilton's American System Of Political Economy. And upgraded in also using Thomas Alva Edison's idea of a physical economy/commodities-backed fiat currency system, and also backing it also alongside with silver based/backed Non-Interest U.S Government Dollar Note based  on JFK's original non-interest U.S Public Government Silver Dollar Note. You should had done that during the late 80s and early 90s! You still locally manufacture and purchase about 40% of your machine tool consumption annually. Machine tools are the only machines that can reproduce themselves or manufacture themselves. Use your presently remaining machine tool industrial capabilities to simultaneously upgrade and expand your machine tool industrial capability, then use it to revive your remaining heavy engineering industries, then use them to revive your machine building industries, then use them to revive your remaining manufacturing industries until you will become again a full-set economy. And equally important is to simultaneously use your remaining machine tool industries, heavy engineering industries, and machine building industries to upgrade and/or rebuild your infrastructure which will help your technostructure ( machine tool industries, heavy engineering industries, and machine building industries) which will restore America's present economy into a full-set industrial/manufacturing-based economy.
  17. I hate people saying this garbage as the USD is SKYROCKETING! Don't be a Peter Schitt!
  18. thank you GPS, nice explanation of Economic Warfare. By the way has anyone heard about the Chinese Naval Forces landing in Yemen and the blocking of a Russian Military aircraft trying to Land in Yemeni International airport ?  Saudis Bomb Russian Consulate in Yemen..
  19. Just like all the pundits are saying...Why do we need any reserve currency in the first place? This would force all countries to keep their currencies stable so as to enact trade.


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Duration: 11m 53s

Rating: 663