Why is the DOLLAR the World’s RESERVE CURRENCY? – VisualPolitik EN
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Why is the DOLLAR the World’s RESERVE CURRENCY? – VisualPolitik EN | BWG

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You’ve heard this a thousand times: the American dollar is the World’s reserve currency, the hegemonic currency in the planet. However, what does it really … .

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36 thoughts on “Why is the DOLLAR the World’s RESERVE CURRENCY? – VisualPolitik EN | BWG

  1. Success is dependent on the action or steps you take to achieve it. Show me a man who doesn't have an investment and I will tell you how soon he'll go broke. Investment is building a safe haven for the future: with the right choice of investment that has at least 1% minimum risk and with an Expert guidance, profit and interest should be 💯 guaranteed.

  2. “What benefit is all of these dollars in global demand to the US?”
    Wrong question. The reality is that the US defaulted on gold redemption in 1971 and so—in effect—confiscated the WWII gold holdings of European countries who were utilized gold-backed dollars as security (and US vaults as their bank) while rebuilding under the Marshall Plan. Yeah, the US stole that shniz after Vietnam and LBJ drove up the debt/inflation and Europe wanted its stuff back. Then the petrodollar negotiations with Saudis. Then—we never had to give back the gold and admit dollar failures (after Nixon defaulted, some European countries were refusing US dollars) if Europe decided to cash in their US debt holdings or let them lapse/collapse.

    It’s not to America’s pure advantage to have all of these dollars in circulation. It’s the result of one cheat after another. Yeah—monetary debasement and bank socialism sucks. “Capitalism” my arse.

  3. https://www.google.com/amp/s/www.livemint.com/Opinion/yLqLISrnY6OAt9xtH13rnM/Who-are-the-biggest-buyers-of-gold-in-India.html%3ffacet=amp

    During Q1, 2017, India’s demand for gold jewellery was 92.3 tonnes, compared to 22.9 tonnes for the US. Investment demand for gold in the form of bars and coins was 31.2 tonnes in Q1 2017, compared to 16.2 tonnes for the US.

    India buying up all the gold secretly. Will the bric get a one currency across Brasil, Russia, India and China. I think that is the plan. Gadafi got killed for wanting that. Keep an eye on India.

  4. It’s a great explanation of reserve currency’s but I do not agree with his comments on trumps trade agreements in the end, those were bad deals for the United States regardless of reserve currency’s and I need to be renegotiated

  5. Yes, store of value will be BTC and perhaps, currency might even be something like CBDCs or cryptos like BCH! WOOOHOOOOO Whatever it will be, it will definitely be digital. Goodbye paper, goodbye plastic, here comes digital on your smartphone in a app.

  6. US prints dollar and it lifts stock markets and that growth is the only way to multiply wealth since no yield anywhere. So US has sucked all the wealth of the world to its markets. BUT, EUro and Japan print too, but without that world wide demand for their stocks. So they will go down first? Why would US dollar collapse before they do?

  7. USD is going away slowly because ppl are losing faith in the US economy all together. Too much government involvement leading to more money printing (inflation), debt, and suffocation of business. I'm putting some of my chips in other markets, but I personally wouldn't put a whole lot of them into communist China.

  8. US debt will be the cause of Yuan rising above the dollar. Currency value to me depends on volume of use and markets circulated in. If population alone would be the reason with its circulation India should be beating both countries by far. But India is weaker economically. The Euro and Brexit is a disaster waiting to end. I don't think much of Japan and the Yen, francs don't circulate nearly enough, Americans trying to hold off China with the current attempt to force tariffs and sanctions, but it won't be enough. China has caught up by being the world factory pretty much. Debt the US has its Fed can't save it from via bonds and interest rates, eventually the interest alone on that debt will keep the country down and soon austerity is sure to come causing unrest there for many who continue believing in the dream they were sold as kids.

  9. I'd bet on Euro. It won't be used in Europe for obvious reasons bu everywhere else will do. And as there are escaping powers outside western culture sphere Euros will become more trustworthy then dollars and yuans.

  10. You left out the history of the US dollar being convertible to gold at a fixed price and $20 dollar gold coins (1 ounce) for over 100 years until 1933, and then $35 until 1971. Plus you left the hist of the petrodollar.

  11. I think this pandemic answers that question… The dollar is still the King. And I don’t think that’s gonna change for at least 30 years definitely not within the next decade. Especially after what’s happened with the virus… Just like with companies, a reputation matters and China’s reputation right now is very much in question… Not only that but also it’s intentions have come into question especially in those countries that are being affected by the belt and road initiative. Look for the data from the time of the pandemic to now for your upcoming episodes.

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