The Reason the US Government Seized Russian Assets is Not What You Think: Luke Gromen
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Founder and President of Forest For the Trees Luke Gromen has a theory on the reason behind the U.S. government's seizure of Russian FX reserves, and it's quite different from what has been portrayed in the media. Luke also discusses the threats facing the U.S. dollar as the world's reserve currency, his outlook on Bitcoin, and his current portfolio allocation.
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00:00 Introduction
01:17 Confiscation of Russian Assets
09:05 Reasons Behind Seizure of USD Reserves
13:21 What Happens Next?
25:05 USD as Reserve Asset and Trade Asset
33:26 Nuclear-Backed Oil Exporter
36:47 Russian Gold Accumulation
41:01 Luke's Portfolio Allocation
43:31 Outlook on Bitcoin
47:52 Forest For the Trees
#russia #usa #gold
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