Dr. Doom: Stay Away From the 'Woke Empire' as U.S. Dollar Heads Toward Worthless Currency Status
Since the start of 2023, the U.S. Dollar Index has declined nearly 2% as a result of foreign adversaries aiming to unseat the dollar as the world's reserve currency. Joining the Daniela Cambone show today, Marc Faber believes this de-dollarization trend could reshape the global economy as countries around the world embrace alternative currencies. "the system should not be a system where you have a global currency like the dollar was. As in, the basis [is] we have many different currencies and that people trade freely with each other."
Marc also believes that the Federal Reserve is in no rush to bring inflation down to its 2% target rate. He says, "Their interest is to maintain the financial market at the highest level. They don't want deflation in financial assets and if they could, they would also prevent deflation in real assets like properties but this is difficult to control." He concludes by stressing that it's crucial for investors to recognize how the de-dollarization trend signals a massive shift in the global economy in order to understand how to navigate today's market uncertainty.
#gold #investing #dollar #inflation #crypto
00:00 Marc Faber Introduction
2:20 - U.S. Debt & The Latest Fed Decision
8:30 - ECB & U.S. Banks
12:45 BRICS Gold Backed Currency
16:01 RFK Jr's US Dollar Proposal
21:27 What Change Will be the Death of the Dollar?
23:59 What to Expect from the 2024 Presidential Election
26:53 Marc's Concerns of a "Break" in the System
30:20 Marc's Warning to Cryptocurrency Investors
⭐️ Join Daniela Cambone's exclusive community ➡️ https://danielacambone.com
➡️ Follow us on Facebook: https://www.facebook.com/StansberryRe...
➡️ Follow us on Twitter: https://twitter.com/stansberry
➡️ Follow us on Instagram: https://www.instagram.com/stansberry_...
➡️ Follow us on LinkedIn: https://www.linkedin.com/company/stan...
-
1:42:10
Glenn Greenwald
3 hours agoU.S./Russia Tensions Escalate Over Ukraine to Most Dangerous Level Yet; CNN’s Kasie Hunt has Humiliating Meltdown; PLUS: Journalists Lee Fang and Jack Poulson on Israeli Influence Campaign on U.S. Campuses | SYSTEM UPDATE #288
28.5K32 -
54:28
UnchartedX
5 hours agoHow Old Are These MEGALITHS? A Study of Erosion in Ancient Egyptian Architecture - UnchartedX
1.43K6 -
LIVE
PudgeTV
8 hours ago🔵 Mod Mondays Ep 30 | SilverFoxGamr - How to Get HUGE! | Elden Ring Pre-Show & DLC
585 watching -
1:05:10
Donald Trump Jr.
8 hours agoThe American Dream is on the Ballot, Interview with Sean Davis | TRIGGERED Ep.148
66.2K95 -
2:02:31
Revenge of the Cis
5 hours agoEpisode 1342: You Fell For It
45.4K13 -
58:12
Savanah Hernandez
4 hours agoPropaganda goes into overdrive ahead of Thursday’s Presidential debate
15.2K30 -
1:04:25
Kimberly Guilfoyle
7 hours agoBiden Leaves White House Ahead of Debate, Plus Anti-Semitic LA Violence, Live with Mike Davis & Larry Elder | Ep. 136
48.9K66 -
1:03:55
In The Litter Box w/ Jewels & Catturd
1 day agoProvocation? | In the Litter Box w/ Jewels & Catturd – Ep. 593 – 6/24/2024
72.1K50 -
27:37
Stephen Gardner
5 hours ago🔴Trump DEFENDED by NYC Cuomo against Letitia James and Alvin Bragg
38.8K31 -
3:04
One Bite Pizza Reviews
3 days agoBarstool Pizza Review - Little Pops NY Pizzeria (Naperville, IL)
63.8K76