Name: Is the US Dollar Losing its Dominance? 💸📉🤔
Uploaded: 2023-05-15T21:27:10+00:00
Duration: 8 min 23 s
Description: Weaponization of the US Dollar has caused Foreign Nations and Investors to pull out of buying US Treasury Bonds, fearing they may not be honored if their country falls out of favor with the United Sta

1 year ago

Dollar US Dollar Fiat Money Currency Treasury Bonds Weaponized Ukraine Russia War

Weaponization of the US Dollar has caused Foreign Nations and Investors to pull out of buying US Treasury Bonds, fearing they may not be honored if their country falls out of favor with the United States.

The Ukraine War also forced European Nations to the support the US conflict against Russia in Ukraine, even though many did not want be be involved, simply because they hold US Dollars and Bonds.

Doubleline Capital Portfolio Manager Bill Campbell joins Yahoo Finance Live anchors Seana Smith and Akiko Fujita to discuss the decline of the U.S. Dollar, the financial sanctions on Russia after the start of the Russia-Ukraine conflict, bilateral trade with China, and how the use of foreign currencies can be beneficial for other countries.

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