Video Request What is a "World Reserve Currency?"

A client wants to know what is a "world reserve currency" and what does that mean for the US? Got questions? We got answers! Some may even be right! visit! http://www.assholeconsulting.com Also visit Kerry Lutz's site: http://www.financialsurvivalnetwork.com

Comments

1. Why not a word about Euro?
2. 9:13, Swiss franc, Hong Kong Dollar,Norweigan Krone, Russian Ruble, Indian Rupee, Chinese Yuan and Singapore Dollar all want to be reserve currencies. Some countries like Libya under Ghadafi want a gold based currency or some countries like Russia have decided to settle debts in their own currency
3. @ Aaron,(3;20) It is actually Venezuelan bolivar not peso
4. one currency = gold and silver. Not certificates, real physical tangible gold laminated in polymer notes and measured out in milligrams and centigrams. One world currency, done.
5. So true about Russia. Those who never been to Russia or Ukraine have no idea how corrupt these countries are. The total estimated figure of annual corruption in Russia alone is something around 150 billion euros which is more than all the EU countries combined! And if you compared to the total EU GDP it will blow you mind.
6. good video
7. Tallest midget in the room.
8. China's economy is in worse shape (in some ways) than the US' economy. The have one the largest RE bubbles in history, they are an emerging market with huge debts, a nationalized banking system and government corruption that makes us look like a bastion of angels in comparison. Russia is isolated in the first world and has even more corruption than China. Obama is temporary, congress is temporary, Putin seems to be permanent, the CCP is permanent and we also are the global naval super power keeping the shipping lanes safe, are home to the IMF and The UN. It's going to take something as big as WW2 was to shift the world's reserve currency to some other state, possibly the EU, but only after serious reform.
9. There is no second choice. China? Russia? Don't me make me laugh. If the Euro wasn't falling apart it might have some competition, but even the Euro isn't good enough and it's capital market isn't as deep. Nobody trusts Russia, China and so on. The US reserve currency status will remain in effect for decades. I'm quite sure if push came to shove, the fed would save the dollar no matter the consequence, just as Volcker did.
10. Its not about the information its about the delivery,aaronclarey is a brand and like every desireable brand public display will gain oneself social status.Good for aaron he deserves getting money for "nothing" like paris hilton,bill gates and all the other assholes ^^
    Should I ever get filthy rich ill hire aaron as butler so that he not only could spit in my coffee but also rant and voicerape me online...good times :)
11. This video made me question if 9/11 was a bad or good thing...
12. The world Is a vampire, set to ......
13. Ok I can someone explain to me why someone would pay Aaron to explain a concept hundreds of YouTube videos explained and a quick google search can do for free. Man some people buy anything.