Why The U.S. Dollar May Be In Danger

Great video!!! It's a privilege earning under your mentorship, I learn a lot watching your videos and it has encouraged me especially in making decisions. Investing in the financial market that currently changed my life.

🌈 GLAD I GOT INTO CRYPTO WHEN I DID BECAUSE IT'S BEEN A TURNING POINT FOR ME FINANCIALLY, BEEN MY BEST DECISION SO FAR ❤

I blame this on trump

Three years ago, it was impossible to anticipate the current condition of the U.S. dollar. The United States persists in repeating the same errors responsible for the dollar's current predicament. Consequently, there's no certainty that the dollar's future will be as promising as anticipated.

The dollar is backed by nothing. Monopoly money America has grown rich on the backs of poor countries. Cost 2 cents demand 100 dollars in goods and services.

Would not worry too much, most are fragile and in trouble, China is no exception. Our economy would still be limping along, the problems are the taxpayers' money is still being used recklessly to buy votes, helping everybody but our own. The Pandemic is basically over, yet the recovery is still sluggish. We can speed it up if we are not too obsessed with the GND, impoverishing average Americans while enriching the elites and our enemies.

Why does there even need to be a global currency?

Removing illegals from housing (hotels/public facilities), Section 8, Medi- Cal/care, General Relief, Food Stamps, Social Security, all other entitlement programs, and eliminating anchor baby legislation would eliminate the border rush and would save so much money that we could, in a relatively SHORT time, ELIMINATE our deficit, RESTORE Lahaina and other states, ABOLISH veteran/citizen homelessness, FUND/refund our police force, make our dollar rating STRONGER than ever, BUILD infrastructure, SUBSIDIZE healthcare/education/ research & Development programs, and give every citizen a fat check with money to spare...

Not may be - it is as US has debased its currency through greed.

A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k

people and country should move away from US Dollar choose local currency its better

The problem with "Economics" as a philosophy. Is it was deliberately written to obscure what is really going on in "Economics". As a result it is obscured that the US Dollar is backed by oil value not gold value thus the term "Petro-Dollar". But the true usefullness of the "Petro-Dollar" is based on if it is a reliable storage of monetary value.

But that dollar usefullness was blown skyhigh. When the Biden Administration decided to cut Russia out of using the US Dollar for international trade. Making the US Dollar useless as a storage of monetary value. Which caused every nation holding US Dollars as a banking reserve. To realize the wealth held by holding US Dollars as a currency reserve. Could disappear by a stroke of a Presidental Pen in Washington DC.

As a result China holding over 4 Trillion US Dollars as a currency reserve. Decided to selloff its dollar reserves and hold only dollars it needed for international trade. And all other nations holding US Dollars as a currency reserve decided to do the same.

Thus the mad scramble to create a international currency trading system not based on the US Dollar. With each nation in a trading partner group. Trying to make its own national currency as a majority trading currency in that group of trading partners. Thus the breakup of the "Petro-Dollar" as a international currency reserve.

Of all the really stupid decisions of the Biden Administration.
Destroying the "Petro-Dollar" as reliable storage of monetary value.
Is the worst decision a US President could make.
The American Public had the sweetest deal when the US Dollar was Earth's reserve currency. As Earth's productive capacity was supporting the US Dollar. Not what was happening in Washington DC. So the American Public could live well beyond America's productive capacity.

But Biden blew that sweet currency deal sky-high in his brain-dead war against Russia. And that is what the Economists are trying to obsure now. With deranged gibberish about the realities of Economics.

america is the devil

I don't think there is any trust in the dollar now for reasons we already know. The gradual decline of the dollar is because there is no viable alternative at the moment. Once there is one, the decline will be fast. Ask yourself this simple question...Why would any country hold the dollar if they know the US government can just confiscate their dollar reserve without due process?

This administration is putting many families in difficult situations. A lot of people are financially struggling to live, put a roof over their head and put food on the table. You’ve helped me a lot Vilma kim, imagine investing $2000 and receiving $8,500..

Its fake news

The Rothschilds and the greedy Americans, France and England it's time they understood that greed comes to an end. No ways the third world countries continues to be put into a box on trading goods and services using the these idiot countries currencies. They have damaged the third world for too long using their currencies superior to others when currencies suppose to be equal to one another only make more money when u produce more and better. All the Central Banks in Africa needs to be nationalized together all 55 African states at the same time. We can't have a country in Africa buy goods in US dollars when trading with its African neighbours. It's completely criminal to even consider thee US dollar when trading in Africa. Nationalize all the Central Banks and all the countries control their banking and other manufacturing. The dollar equals to The shelling and to the rands and To Cedi. Africa and other third world nations can't be paying more interest at IMF when borrowed mone from the IMF the system off the Us do have to settle.

By 2040, total US debt will be about $400 trillions.

The economic crisis and downturn are all the signs of 2008 market crash 2.0, so my question is do I still save in the US dollar or is it okay to move all emergency and savings to precious metals?

What poses the biggest threat to the hegemony of the dollar? It's the government of the United States, along with the IMF and the WB.

I truly enjoy watching Imperialists who abused a trust, fight tooth and nail to stop the inevitable - the sun beginning to set on Western Hegemony. It is the natural order for prosperity to change hands, perhaps if the West treated the rest of the globe mindfully, it wouldn't be so unsettling to not being a significant power anymore. Food for thought.

Because Biden is destroying the country

Things are strange right now. The US dollar is becoming less valuable because of inflation, but it's getting stronger compared to other currencies and things like gold and property. People are turning to the dollar because they think it's safer. I'm worried about my retirement savings of about $420,000 losing value because of high inflation. Where else can we keep our money?

Someone said US printed its GDP. Although i dont agree completely but its mostly true for after WW2 era and especially after 1971.

👨🏿‍💻🍿

A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k

A severe recession can actually be a good time to buy things in the markets, as long as you're cautious. It can also lead to volatility, which can create opportunities for short-term buying and selling. This is not financial advice, but it's a time when cash might not be the best option.

this is propaganda

If they say is unlikely to that means the dollar will die soon

I mean it's what got us to this point today but still looking back isn't it crazy nobody questioned that action?!?! Like literally not one person looked up and was like why are we just completely taking it off this gold standard , why not do some math magic or something multiply it by double or cut it by 0.5 why was there just to me it sounds like sabotage but whatever

Dont really care cause our dollar is only good in other countries but in the united states its worthless

I cant believe they say a weak dollar is a good thing. Nothing is good about a weak dollar.

MR.TIN MYO ZAW SU SU
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Last year pa Yan .Hanggang Ngayon mataas parin halaga Ng dollar. 55 Phil. peso = 1 us dollar

Bitcoin will always be a keeper get it 🚀🛸🛸🛸🛸🛸🛸🛸🛸🐉🐉🐉🐉🐉

Now I am not educated in finance but according to Yellen US will have no cash if they don't increase the dept ceiling....wait a minute...this sounds familiar. Ponzi did it, Madoff did it...
In a normal world a bank will not lend you money if your finances are bad. But US is in record debt - yet they have increased the ceiling many times since 1960's .
Why do the greatest economy need to increase it debts? Because the outflow is bigger than the inflow (Ponzi)
And how did Ponzi do it?
By injecting new investors money and then paying others.
Ever tried to make a big withdrawal from your bank and account? You will be amazed how difficult it is...I wonder why....

Too late.
And this is why many of stories are flying off the shelf in the news, to distract the population of the dead dollar.

é tempo de mudanças

What a ton of crap!!!

If rich people paid their fair share of taxes there wouldn't be a deficit Is that true or not?

BUY GOLD AND SILVER!

The dollar is toilet paper that harms whoever uses it.

usd is at .91 cents, I think we could see .75 by the end of 2026 on this route we are taking, everyone loses 25-40% of their net worth across the board, then the usd regroups and debt is consolidated and we build again.

Dollar will never crash ,read it closely youll see

Never underestimate the hubris of a king atop a gold castle to ruin a good thing brick by shining brick. Where would US power, human capital development, and economic projection be today in 2023 had the US simply not engaged in any of its vast, illegal, and entirely counterproductive wars-for-contractor-profit since the year 2000? Simply imagine the state of our alliances and influence, not to mention the 30-40 trillion USD free to finance public services and international development. 4 criminal presidents (Bush2 and Obama primarily) from 2 criminal parties. Please learn how to extend your memory and attention span past the weekly "news" cycle.

The rise of BRICS is fully hatred. America is a great nation, great technology, great people and talent, model of democracy. Comparing core values why 1 will emerge, BRICS wont last.
America is teaching every country of cooperation peacefully.
China is bully, and I think India is just going with the ride, Russia needs help and allies against US.
A bully looking for circle of friends to oust the rightful.

Rubel is money (back up by gold)
Yuan is money (back up by gold)
USD is paper (back up by printer)
😂😂