[2023-04-10] China Strikes Back: “The End Of The US Dollar”

China Strikes Back: “The End Of The US Dollar”

Monday, April 10, 2023

Graham Stephan

https://www.youtube.com/watch?v=7-ACucteiwc

Let's discuss China and BRICS plan to create a new currency, how this would affect the US Dollar, and why central banks are buying Gold - Enjoy! | More information on my newsletter: http://grahamstephan.com/newsletter

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MY OWN THOUGHTS:
I think some countries are weary of the US dollar because of inflation, money printing, and volatility throughout the Federal Reserve in terms of interest rates. There’s also the very, very, very small almost non-existent threat of a default on the national debt if Congress can’t agree on a new debt ceiling (but, that’s never happened before in history and I’d be shocked if that happens now)

So far, there’s never been a reserve currency that’s lasted for more than 110 years (and, we’re currently on year 103) but that doesn’t mean that we’re automatically next, barring an extreme financial meltdown.

That’s why, I believe the US dollar threat is something to be mindful of…but realistically, nothing else is trusted as much as the US dollar, nothing is probably going to happen anytime soon, and the best thing you can do, in the meantime...is to hit the like button and subscribe.

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