How Global Trade Runs on U.S. Dollars | WSJ

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  • Опубліковано 27 лис 2024

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  • @wsj
    @wsj  Рік тому +22

    Note to viewers: This video includes a map that was used to illustrate general principles of global trade and may not accurately depict current nations' borders.

    • @Fundamental_Islam.
      @Fundamental_Islam. Рік тому +3

      Like we care 🤡

    • @AnimalAlmighty
      @AnimalAlmighty Рік тому +4

      its all good in the hood bruh

    • @mattdemo6387
      @mattdemo6387 10 місяців тому

      The "money-flow" should be taught to kids in Middle School,
      Along with Hands-On work skills and Wilderness survival skills..
      Pretty much all of high school is just sitting around panicking about failing to remember the answers on a test...

  • @Vermilion2049
    @Vermilion2049 4 роки тому +517

    Holy duo of hegemony:
    Print money to buy weapons, use weapons to maintain the power of dollar

    • @戚文玮
      @戚文玮 4 роки тому +12

      The military forces the dollar to be linked to oil. The US dollar is the most profitable commodity in exchange for the world’s commodities. Every country needs oil and must exchange commodities for dollars. The cost of paper is very low, only a few cents. China must stop this dollar hegemony. Because we also want to exchange paper for commodities without worrying about inflation.

    • @戚文玮
      @戚文玮 4 роки тому +15

      In fact, China paid the most commodities, and then we went to buy oil, or traded in dollars with other countries, everyone had to buy oil. And the United States got the goods without paying anything, yes, just a piece of paper!

    • @lightr2187
      @lightr2187 4 роки тому +2

      @Jonny Karr is that why USA have highest debt, shrinking white population that will be minority by 2045, wonder why US have to go through financial crisis just a decade ago. Now carona made it even worse. Also you have any idea about massive trade deficit of US and money it loses through trade, foriegn aid, investments, remittances and outsourcing etc.

    • @WaveRider1989
      @WaveRider1989 3 роки тому +1

      @@lightr2187 what does shrinking white population do? Nothing, whites and other colors in America still will work together for American interest. I'm Indian living in US, patriotic; same with most second generation foreign kids grow up in the US supporting American democracy. Stop with the hate.
      🖕

    • @farzana6676
      @farzana6676 2 роки тому

      @@WaveRider1989 Most non white in America votes for socialism like their sh!th0le home countries.

  • @NicholasBall130
    @NicholasBall130 11 днів тому +462

    When the dollar weakens, it often signals economic challenges ahead. I'm thinking about how to safeguard my savings from inflation. Recently, Bitcoin has been in the spotlight, especially with the approval of Bitcoin ETFs and Trump’s win in the election-many predict it could soar beyond $100k. I’ve saved up $300k and am considering investing now, but I can’t help but wonder: is it too late to maximize returns?

    • @StocksWolf752
      @StocksWolf752 11 днів тому +3

      Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.

    • @cowell621
      @cowell621 11 днів тому +2

      The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

    • @StacieBMui
      @StacieBMui 11 днів тому +2

      Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve my financial goals.

    • @cowell621
      @cowell621 11 днів тому +1

      Finding financial advisors like Rebecca Nassar Dunne who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @lolitashaniel2342
      @lolitashaniel2342 10 днів тому

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @Roglat
    @Roglat 4 роки тому +624

    Most informative video under 5 minutes I have ever seen.

    • @art_means_artificial
      @art_means_artificial 4 роки тому +6

      NATO - North Atlantic Terrorist Organisation
      USA - OFFICIAL SPONSOR OF ALL WARS IN THE WORLD!

    • @siyandamadlala1429
      @siyandamadlala1429 4 роки тому +4

      its direct

    • @Taylordessalines
      @Taylordessalines 3 роки тому +5

      Kinda but not really. It's not telling the radical truth--that the US is a treacherous and conniving empire that bullies, kills and sanctions countries for it's own greed and control.

    • @davidhynes
      @davidhynes 3 роки тому +1

      @@art_means_artificial Imagine China the policeman of the world we all would be in concentration camps.

    • @eaz3880
      @eaz3880 2 роки тому

      @@davidhynes lol brainwashed

  • @GuestYouTubeUser
    @GuestYouTubeUser 4 роки тому +376

    Cartels use the dollar too.

    • @QuizmasterLaw
      @QuizmasterLaw 4 роки тому +15

      Yep! And then we put them in jail.

    • @naik216
      @naik216 4 роки тому +5

      😂😂😂😂

    • @NOU-iw3gb
      @NOU-iw3gb 4 роки тому +4

      Like opec?

    • @art_means_artificial
      @art_means_artificial 4 роки тому +11

      NATO - North Atlantic Terrorist Organisation
      USA - OFFICIAL SPONSOR OF ALL WARS IN THE WORLD!

    • @zuboy4272
      @zuboy4272 4 роки тому +3

      ISIS DID TOO !

  • @ExcelonTheFourthAvalonHeirs
    @ExcelonTheFourthAvalonHeirs 4 роки тому +52

    I'm surprise WSJ make this kind of content. I'm impressed.

  • @tantiwahopak101
    @tantiwahopak101 4 роки тому +163

    No wonder they keep on bullying nations 😂

    • @perkinskurt6147
      @perkinskurt6147 4 роки тому

      #I recommend this free profitable signals forex/crypto traders join this WhatsApp traders room..Tap the link below👉chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
      #I failed Soo many times until I was introduced into this group,they are very reliable & trusted profitable signals...
      Am sharing this post because am not greedy I want you also to testify about this great traders profitable signals.... platform
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      #JOIN & ENJOY YOUR TRADING...☺

    • @StBatu
      @StBatu 4 роки тому +14

      Yeah, like they bully nations to use other American inventions, like the internet... Right?

    • @tantiwahopak101
      @tantiwahopak101 4 роки тому +27

      @@StBatu www= British

    • @StBatu
      @StBatu 4 роки тому +5

      @@tantiwahopak101 go read up the difference between the internet and the world wide web (www)
      Its like a computer and piece of software that runs on it.
      Why are so many foreigners this ignorant.

    • @khalilmohammadmirza4070
      @khalilmohammadmirza4070 4 роки тому +27

      @@StBatu Considering this you should not use anything that is non usa.
      Usa has been around for some 200 years only. There are trillions of things invented before that and after that.

  • @Mohan-Kirlosker
    @Mohan-Kirlosker 4 роки тому +215

    US has a Blackmailing nature.

    • @QuizmasterLaw
      @QuizmasterLaw 4 роки тому +4

      Yeah? Examples? Oh you mean the USA puts paid to dictatorships around the world. Yep! It's a struggle for global liberation and the rule of law not men to attain justice peace and prosperity.
      By all means sign up for the dictatorial communist Chinese plan. Be their sucker.

    • @StBatu
      @StBatu 4 роки тому +4

      Yeah, just like the US blackmail people to use its other inventions, like the internet, right?

    • @QuizmasterLaw
      @QuizmasterLaw 4 роки тому

      @gambotti alexandre ah, the Euro crisis... as you appear to be Italian I suppose you know Exactly what I mean!

    • @QuizmasterLaw
      @QuizmasterLaw 4 роки тому +1

      @gambotti alexandre Let me guess; you are a Russian, pretending to be Italian?
      )

    • @nutsackmania
      @nutsackmania 4 роки тому

      yeah dude we blackmailed western europe so hard from the nazis

  • @potatomatop9326
    @potatomatop9326 4 роки тому +150

    My net worth is 1 us dollar

  • @aylyi-huh9355
    @aylyi-huh9355 4 роки тому +101

    correct pronunciation of iran and Iraq = so refreshing

    • @ShaunMbhiza
      @ShaunMbhiza 4 роки тому +5

      Eye-raq

    • @5000yes1
      @5000yes1 4 роки тому +2

      @Tax Payer How do you say it?

    • @anooppillai4683
      @anooppillai4683 4 роки тому +2

      @Tax Payer it was as good as it gets. Can't expect too much from a non-native.

    • @nutsackmania
      @nutsackmania 4 роки тому

      an i-ran, i-ran so far awaaaayyy

  • @dabay200
    @dabay200 4 роки тому +105

    This one of the pillars of the US hegemonic imperial empire, the other is the military empire and the arms dealers.

    • @MrZxcvbnm22
      @MrZxcvbnm22 4 роки тому +3

      And the best part is that this paper isnt even backed on gold... So, whoever runs the central bank could just print more money as needed... And if someone like Gaddafi pruposes to create a currency (Dinar) for african and arab countries to sell their resurces to the world then it's a threat to the world...

    • @TA-ez5ve
      @TA-ez5ve 4 роки тому +2

      *reads Chomsky once* "This is the US hegemonic imperial empire at work, ladies and gents"

    • @nutsackmania
      @nutsackmania 4 роки тому

      thank you for your lettered assessment of global power structures!!

  • @michael1996731
    @michael1996731 4 роки тому +10

    About time people started realising

  • @DreamweaverShade-h9p
    @DreamweaverShade-h9p 6 місяців тому +90

    The only American who won't acknowledge this Administration's failed economic policies is Joe Biden. "Shrink-flation' is the least of our worries compared to rising rents and stagnant wages, but it is an undeniable indicator of how bad our inflation has gotten. I have $100k that i like to invest in a non-retirement account, any advice on that?

    • @Tsunaniis-j5l
      @Tsunaniis-j5l 6 місяців тому +1

      I would avoid index funds, mutual funds, and specific stocks for the time being. Right now, the best option is a fixed income of five percent. Put money aside for the times when the market really starts to bounce back.

    • @Damncars456
      @Damncars456 6 місяців тому +1

      Investing is not necessarily a rollercoaster if you know your way around the market, there are various opportunities in the present market to accrue good profit, If you are not too savvy with the market, just buy and hold on strong companies with good earnings, or consult with advisors on ETFs and actively managed funds.

    • @MakeamericaGreatagain-h7j
      @MakeamericaGreatagain-h7j 6 місяців тому

      I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

    • @Damncars456
      @Damncars456 6 місяців тому +6

      There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’AMBER KAY WRIGHT” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @PhoenixReborn-v6v
      @PhoenixReborn-v6v 6 місяців тому

      I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

  • @RobertJewkes
    @RobertJewkes 3 роки тому +16

    Fascinating. I hope you do a feature length documentary on how the system works and what other countries are doing to get around it

  • @jebbo-c1l
    @jebbo-c1l 4 роки тому +57

    Hopefully in Europe we can improve the use of the Euro

    • @x3boodxx
      @x3boodxx 4 роки тому +4

      Ebbe B using the gold currency again would solve many problems

    • @cammy2036
      @cammy2036 4 роки тому +2

      £ £ £

    • @Stoneface_
      @Stoneface_ 4 роки тому +1

      Marvin Ha the pound sterling

    • @artificial_S
      @artificial_S 4 роки тому +4

      $ > €

    • @HeyKevinYT
      @HeyKevinYT 2 роки тому +2

      Now it’s 1-1 with $

  • @josephlas-igan460
    @josephlas-igan460 4 роки тому +10

    This kind of content is very informative specially to someone like me who wants to understand more about economics and behind the scene transactions... So please make it longer and elaborate more. Thank you

  • @Raymondjohn2
    @Raymondjohn2 Рік тому +56

    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

    • @Oly_laura
      @Oly_laura Рік тому +4

      The stock market is a way to hedge against inflation. Most notably amidst recession, investors need to understand where and how to allocate funds to hedge against inflation and still make profits.

    • @hermanramos7092
      @hermanramos7092 Рік тому +4

      in my opinion, the impact of the rise or fall of the U.S. dollar on investments is multi-faceted but learning how to grow your money has never been easier than now that you can explore and experience a truly diverse marketplace passively by using a well-performing portfolio-advisor.

    • @martingiavarini
      @martingiavarini Рік тому +3

      Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analvsis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k.

    • @Oly_laura
      @Oly_laura Рік тому +3

      @@martingiavarini Mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.

    • @martingiavarini
      @martingiavarini Рік тому +3

      @@Oly_laura My advisor is ‘’Catherine Morrison Evans’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

  • @jsholding2701
    @jsholding2701 4 роки тому +67

    Why couldn't this video of come out yesterday before I had an exam on this exact topic lol

    • @raifikarj6698
      @raifikarj6698 4 роки тому

      Is there some answer for your Exam tho ?

  • @globallytalking
    @globallytalking 4 роки тому +10

    I could watch these type of videos my whole day

  • @sergeystepanov9987
    @sergeystepanov9987 2 роки тому +20

    Please how can I reach out to Mr Sam Deymon ? I urgently need his management on my INVESTMENTS !

    • @moh6410
      @moh6410 9 місяців тому +2

      mr x
      mrs y
      miss z
      damned scammer detected

    • @gavinperry8433
      @gavinperry8433 7 місяців тому

      " the US banking system is very efficiencent " 😂😂😂😂 lol how did he say that with a straight face😂😊

  • @wiebeplatt4749
    @wiebeplatt4749 2 роки тому +48

    Digital currency is the future of finance, anybody still in doubt of that isn't in touch of reality.

    • @Robertgriffinne
      @Robertgriffinne 2 роки тому +2

      True, and bitcoin is at the core centre of this not-so-distant future.

    • @Natalieneptune469
      @Natalieneptune469 2 роки тому +3

      @@Robertgriffinne
      I guess so, but still don't have a firm grasp of how bitcoin works and what drive its volatility that is always constant.

    • @PhilipMurray251
      @PhilipMurray251 2 роки тому +4

      @@Robertgriffinne
      Well, bitcoin's (and indeed all crypto) constant volatile state is mostly due to factors which include but not limited to: basic economic supply and demand, investor and user sentiments, government regulations across the countries that use crypto currencies, pump and dump practices and media hype. All of these work together to influence price volatility, which is why it's pertinent one (esp someone new) follows the guides of an experienced market pundit who already knows all the market maneuver. It betters your chance at maximum profit by more than 100%.

    • @marianparker7502
      @marianparker7502 2 роки тому +2

      @@PhilipMurray251
      was about to say same thing about the volatility till i read your comment. You easily outlined the market challenges and how to circumvent it.

    • @Natalieneptune469
      @Natalieneptune469 2 роки тому +3

      @@PhilipMurray251
      you have any idea how one can find a sound adviser that may aid or probably give guides on how to stay above these challenges in one's investmnt

  • @Luke-zk3rf
    @Luke-zk3rf 4 роки тому +10

    Good video, shame it was so short. It would be good to get a longer more in depth video explaining why the dollar is used as well as the new work arounds that are being developed.

  • @adamn7496
    @adamn7496 4 роки тому +16

    I thought the US dollar remained the reserved currency through OPEC, and all currencies that wanted to trade oil first had to convert their currency into US dollars, thats why there are more transactions with Dollars then there are any other currency and thats why its called the Petrodollar...

    • @thenon-gaapbillionaire3306
      @thenon-gaapbillionaire3306 4 роки тому +3

      That's what the video says, except it applies to everything countries trade, not just oil. The example they gave was with lumber.

    • @_-_-_-TRESPASSER
      @_-_-_-TRESPASSER Рік тому

      Now it all makes sense
      VENIZULA SRIYA LIBYA IRAQ.....
      SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
      So endless lones , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷‍♂️

  • @zertxer_zertxer
    @zertxer_zertxer 4 роки тому +100

    "How Global Trade *Has to* Run on U.S. Dollars " would be a better title, just saying..

    • @QuizmasterLaw
      @QuizmasterLaw 4 роки тому +21

      Not our fault other countries inflate their currencies run mega taxes are thoroughly corrupt AND have ineffective courts.
      Sure, we profit from their corruption: BY OFFERING A MUCH BETTER ALTERNATIVE.

    • @JohnDoe-ov6uu
      @JohnDoe-ov6uu 4 роки тому +2

      @Jake White Great counter point.

    • @joshuahibbs4639
      @joshuahibbs4639 4 роки тому +9

      @Jake White No he is basically correct alot of those are points that geopolitical Peter Zehan when he explains why US dominates Trade. It also helps being completely oil independent, We have almost all the Aircraft Carriers "All of the Mega nuclear carriers btw" and Navy/Air power "People who have the guns run the shipping routes", He also mentions how the US is the safest market to hold any Assets as tomorrow you know they will be safe compared to let's say some African country some warlord might take it or how about China where if the Party decides your done there is nothing you can do as they will freeze your assets and make you disappear. America is also the safest and most open market out their. Besides if you really want to complain about Dollar trade you should complain how the Soviet Union failed as that was the dollar competition back in the day but people don't remember to well that at one point it was Dollar or Soviet rubles that you ended up trading with.

    • @vinniechan
      @vinniechan 4 роки тому

      Well
      It doesn't have to
      Incumbency itself is a power on its own

    • @perkinskurt6147
      @perkinskurt6147 4 роки тому

      #I recommend this free profitable signals forex/crypto traders join this WhatsApp traders room..Tap the link below👉chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
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      Am sharing this post because am not greedy I want you also to testify about this great traders profitable signals.... platform
      #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
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  • @keshavaaumritum1
    @keshavaaumritum1 4 роки тому +70

    This was a rather good introduction to the situation, but it leaves out a few things. All other nations can run out of USD if they have a prolonged trade deficit. If Canada has a 10 billion dollar trade deficit, then it's USD reserves will deplete at a rate of 10 billion a year. Unless Canada prints some CAD and uses it to buy USD. But this will significantly weaken CAD. However, the US can never run out of USD like other nations can. The US can merely print USD, and USD is good everywhere. Canada and all other countries can and do print new money often, but they can only use it to buy local goods. The US government only makes M0 money. M1 and M2 are made by US banks as they buy assets. US banks can buy assets globally without it costing banks anything at all. Banks buy assets by merely adjusting their ledgers. The asset seller sees a billion more in his bank account and thus believes the bank paid him for the asset. But that is not what the bank has paid him . it is what the bank still owes him. Banks make 20 times more money than the government. A by-product of the 5 percent capital requirement, the same as the 5 percent reserve requirement. The US is the wealthiest nation on earth not from its economic system but from having a global money printer ... the US counterfeits all its wealth. All other countries have to earn their USD via a trade surplus. how the US has had a trade deficit of 500 billion (to a trillion) dollars a year for 50 years and still be the most wealthy nation. Socialism is the way many nations have learned to cope and survive in a world where they cannot just print money to pay their bills and buy goods abroad. If any nation other than the US prints money it will lose its value. USD is not trapped within the US border like other currencies are traped within their borders. The world is a big place compared to only the US (5 percent of the world's population). Also, because USD is the only true global currency, putting it in perpetual demand, thus raizing its value even as more is made via US banks purchasing assets globally.

    • @mullerstephan
      @mullerstephan 4 роки тому +27

      I was completely agreeing with you... until you mentioned socialism as an alternative

    • @keshavaaumritum1
      @keshavaaumritum1 4 роки тому +11

      @@mullerstephan
      We might differ in our definition of socialism. Cuba and Russia are not examples of socialism; they are examples of command economies. But even the US has resorted to a command economy a few times during the civil war and WWII. Norway is an example of socialism. Socialism merely means everyone owns a nation's natural resources (oil and ores) via the state owning those resources. I believe in supply and demand in a free market economy. You might think that IPOs (initial public offerings) take care of it. They would if IPOs were public offerings but they are private offerings first. The underwriting banks are the very first buyers. They, in turn, sell to other private banks on the “primary market.” The collection of public exchanges is called the “secondary market” for a good reason. Moreover, when banks buy assets they do so with no cost to them. They essentially counterfeit the money. How the money supply has expanded over a thousand times in the last one hundred years. Only 5 percent of new money is made by the government. The other 95 percent is made by banks as they purchase new assets. The banks get the new assets and the asset sellers get the new bank made money. The money loses its value over time. But the companies that the new bank made money bought have earnings and their values go up a lot over time. Thus, it is far more valuable to get the companies than to get the new money that bought the companies.

    • @keshavaaumritum1
      @keshavaaumritum1 4 роки тому +6

      @@melnick1985 computer programmer with a minor in economics.

    • @hyder404
      @hyder404 4 роки тому +2

      The naked truth. It's a blatant injustice everyone sees yet can't do anything against.

    • @keshavaaumritum1
      @keshavaaumritum1 4 роки тому

      @@melnick1985 yep. That's a big yes.

  • @titanproductions3628
    @titanproductions3628 4 роки тому +13

    Correction the U.S dollar was off the gold reserve starting 1917, the U.S dollar is a fiat currency, and only has value because people give it value, you Americans think you’re paying taxes to help out your country grow as far as pay for infrastructure food-stamps hospitals etc. but that couldn’t be far from the truth, because in reality the U.S government used to print its own money until 1917, the federal reserve took over the printing of the U.S governments money and whenever the U.S government wants money lets say 500-million the federal reserve would print the money out of thin air. if you and i printed money we would go to jail, JFK was signing executive order 11110 on June 4 1963 to put the dollar back to the gold reserve and give the printing power and control back to the U.S government and its people, he was later Murdered 5 months later by the CIA in conjunction with the mafia leader sam giancana November 22 1963 RIP, since the request of the money is greater than a million dollars the money would just be inputed digitally plus interest, the U.S government in return would write bond-notes to the federal reserve basically saying “we would pay back all borrowed money plus interest. That interest is payed in the form of taxation. So you people pay tax to the federal reserve not to help the community, stop saying “My taxes are going here” in reality you’re taxes are going to an old dude in a tux. I’m 19 and foreign and a rebal to this system i don’t want to be a slave for this system so fellow Americans what are you going to do about it...? See reference ua-cam.com/video/zG_GhC1NrQo/v-deo.html for more info.

    • @Spaghetter813
      @Spaghetter813 4 роки тому +2

      Gold has no inherent value either. All currencies are based on trust, gold standard or not.

    • @titanproductions3628
      @titanproductions3628 4 роки тому +4

      Jakub A man kind has used gold for millennia, a currency has its value because of its rarity, gold can be found but its rare. you can not compare paper and gold and put them on the same pedestal. then tell me why are the top nations stockpiling gold in an alarming rate If gold was the same as fiat paper doller...? you’re idiocracy is overwhelming that’s why humanity will continue to stay stagnant because you’re kind is ignorant enough to see beyond your means of knowledge.

    • @Spaghetter813
      @Spaghetter813 4 роки тому +3

      @@titanproductions3628 the core problem with your position is that you are defining currencies as paper. Gold is valuable due to its rarity, but so is the US dollar- as it is not about the supply of paper but rather about the supply of a federally-backed note. Nations maintain gold stockpiles because gold is a valuable asset that can be liquified rather easily, but governments tend to stockpile their financial resources in a variety of assets and currencies. Furthermore, unlike a banknote, gold has other uses in science and no one has real control over its supply long term should it become possible to produce it artificially at an affordable price or perhaps mine it off-planet. This makes it potentially unstable as well, if loosing 26% of its purchasing power in the between 2005 and 2014 and the fact that its price constantly fluctuates doesn't already prove that. Of course, as soon as someone disagrees with your position you immediately call them an idiot because you have attained sagely knowledge of conspiratorial economics from the Sovereign Citizen Institute of the Global Flat Earth Society.

    • @titanproductions3628
      @titanproductions3628 4 роки тому +2

      Jakub A i lost so much brain cells reading that autobiography that i became you. Once again you cannot put gold and paper on the same pedestal, gold till the dawn of end of humanity will not lose its value. The dollar has its value because the U.S government and its people give’s it a value. It’s literally a fiat currency. Answer this for me. How does the U.S doller have a value if its not backed by anything...? Its just printed upon request.... the more its printed the more inflation and so on, please explain and refrain from using any profanity.

    • @QuizmasterLaw
      @QuizmasterLaw 4 роки тому

      in fact the USSR murdered Kennedy, but we didn't want WW3
      so instead we won and then gave them 10 years of well earned pain! :D

  • @masonnoah8306
    @masonnoah8306 3 роки тому +1

    To everyone who is thinking of starting their own business, believe in yourself and never give up.Your future self will be thankful

    • @wellsdells8946
      @wellsdells8946 3 роки тому

      You do not really need someone to tell you how to invest your coins, you can make research on your own and trade with expert to guild you through

    • @chrismarmsk1970
      @chrismarmsk1970 3 роки тому

      In few years time a lot of people will regret why they miss this great opportunity of earning.

    • @michelledaniel400
      @michelledaniel400 3 роки тому

      I don’t know who needs to hear this you’ve got to stop saving money invest some part of it if you really want financial freedom.

    • @michelledaniel400
      @michelledaniel400 3 роки тому

      Yes sure, forex is a more profitable online business..

    • @wellsdells8946
      @wellsdells8946 3 роки тому

      Forex? I had interest in forex trading and crypto stocks investments but was discouraged by friends and family, I was being ignorant though.

  • @BitcoinmeetupsOrg123
    @BitcoinmeetupsOrg123 4 роки тому +25

    This system will not last forever.

    • @perkinskurt6147
      @perkinskurt6147 4 роки тому

      #I recommend this free profitable signals forex/crypto traders join this WhatsApp traders room..Tap the link below👉chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
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    • @StBatu
      @StBatu 4 роки тому

      Chances the U.S. will build and control whatever replaces the current system. G
      et used to that fact the U.S. will always lead the world, primary because of its brains and cultural mix

    • @BitcoinmeetupsOrg123
      @BitcoinmeetupsOrg123 4 роки тому

      @@StBatu Nah, it's over.

    • @StBatu
      @StBatu 4 роки тому

      @@BitcoinmeetupsOrg123 dream on.

    • @BitcoinmeetupsOrg123
      @BitcoinmeetupsOrg123 4 роки тому

      @@StBatu Peganeru apukuruevagera

  • @daveroberts9682
    @daveroberts9682 3 роки тому +2

    I'm so glad you guys are taking about him.

  • @tyler0506
    @tyler0506 4 роки тому +7

    This is an MBA class worth of info in one 5 minute video. International financial markets (currency and Multinational Corporations). I just took a test on this lol

    • @perkinskurt6147
      @perkinskurt6147 4 роки тому

      #I recommend this free profitable signals forex/crypto traders join this WhatsApp traders room..Tap the link below👉chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
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  • @tucuruicomercioerepresenta2308
    @tucuruicomercioerepresenta2308 4 роки тому +36

    Economy runs on trust.
    Everybody trust dollars, from banks to drug cartels.
    And that's It.

    • @keshavaaumritum1
      @keshavaaumritum1 4 роки тому +7

      actually, if nations do not follow the foreign reserve rules set by the US via the world bank, then that nation faces US sanctions. In some cases, they even get the "Lybia model". Or the Iraq treatment.

    • @thomasharris1090
      @thomasharris1090 4 роки тому +3

      This is a stupid comment lol, this video is explaining why the dollar is trusted (because everyone uses it, for reasons explained in the video), but the way you put it makes it sound like trust is what everything else is built off of instead of vice versa.

    • @WanneSomeSoup
      @WanneSomeSoup 4 роки тому +5

      And all those who dare to not trust dollar were eliminated.

    • @tucuruicomercioerepresenta2308
      @tucuruicomercioerepresenta2308 4 роки тому +4

      @@thomasharris1090 So why the dollar is the currency of the cartels and all money laundring in the world if they do not use the bank systems?
      The "trust" in the dollar is that everybody in the worlds use it and can trade with it.
      And the other "trust" of the dollar is that the "price system" of the world runs in dollar.
      It is a weapon against inflation.
      In Latin America is commom that the house marketing runs on dollars.... Why? Because the country´s currencys is not trusted.
      See what happens in Argentina and Venezuela, where the currency lost it´s purchase power.
      That is why dollar is king.

    • @perkinskurt6147
      @perkinskurt6147 4 роки тому

      #I recommend this free profitable signals forex/crypto traders join this WhatsApp traders room..Tap the link below👉chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
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  • @nathanielsingleton6302
    @nathanielsingleton6302 4 роки тому +16

    Workaround in progress today:
    1. Bitcoin and other decentralized alt-coins
    2. Gold/Silver and other PM’s
    3. Digital Remimbi (DCEP)
    4. B.R.I.C.S. Agreement
    Etc.

    • @arthurz2205
      @arthurz2205 4 роки тому +2

      Haha yes, just buy bitcoin

    • @williamwilson6499
      @williamwilson6499 4 роки тому

      That's funny.

    • @Spaghetter813
      @Spaghetter813 4 роки тому +5

      None of these are realisitc alternatives at the global level.

    • @joshn2342323
      @joshn2342323 4 роки тому

      @@Spaghetter813 The decentralized cryptos are definitely alternatives.

    • @BeastinlosersHD
      @BeastinlosersHD 4 роки тому +1

      @@joshn2342323 The problem is decentralized cryptos are that they are too volatile. This was part of the reason everyone moved to a fiat currency. Gold was volatile and changes in one market shouldn't affect the world economy at that level.

  • @bawonos024
    @bawonos024 2 роки тому +22

    In other words, this can be used as a bargaining chip during economic warfare. This is why the People's Republic of China expanding megaprojects and other forms of loans to other Asian African countries.

    • @manchagojohnsonmanchago6367
      @manchagojohnsonmanchago6367 2 роки тому +1

      No, that's not the reason.. Its to slowdown the threat of hyperinflation in China due to overprinting currency

    • @riddhimaansenapati5006
      @riddhimaansenapati5006 2 роки тому +1

      You mean debt traps right?

    • @bawonos024
      @bawonos024 2 роки тому +1

      @@riddhimaansenapati5006 yeah exactly I mean debt trap

    • @nusaibahibraheem8183
      @nusaibahibraheem8183 Рік тому

      Debt trap? What debt trap? You mean like the IMF does. Countries are moving away from the dollar at accelerated rate. Soon the US won't be able to bully anyone.

    • @jhonklan3794
      @jhonklan3794 Рік тому

      no not at all.Those are not related.

  • @laopang91362
    @laopang91362 4 роки тому +11

    From gold standard to printed paper... high debt level will not sustain.

    • @therealcool1144
      @therealcool1144 3 роки тому +2

      people been saying that for years, pandemic came, debt soared, record level stock market. Yeah will not sustain. Everything you believe has been proven false.

  • @SHINOBI-ALX
    @SHINOBI-ALX 3 роки тому +1

    I’m looking forward to see this video updated

  • @lsd310
    @lsd310 4 роки тому +77

    Most Middle East countires are pegged with the dollar and since most major countires except russia,canada needs many middle east oil, the US could easily dominate global trade.

    • @joshuahibbs4639
      @joshuahibbs4639 4 роки тому +7

      @Bangbabangbabangbang Someone hasn't watched or reviewed Peter Zeihan books. You also don't mention how China is the most over-leveraged economy in history and how in the next 20years they will be to busy keeping house together to worry about other things. Just take a look at Hong Kong protests as the future of China. People always think China has been a United Country but in Reality it has only been so for about 400 years in the last 6000 years of recorded history where usually it's about warlords and Dynasties fighting it out for control or other countries occupying the country. They can't even take control of Taiwan right off the coast of China which is the very first step to have any global military influence let alone South Korea, Japan, and United States won't let them into the big pond unless it's a shipping container ship. There is a reason why China's government tries so hard to keep things locked down from capital leaving the country, to any free information on the internet, they know that angry farmers and communists put them in charge long ago and nothing is really preventing the next big crowd of people from throwing them out.

    • @Xaviergonzalez85
      @Xaviergonzalez85 4 роки тому

      @Bangbabangbabangbang Read "The Wahhabi Myth" by Haneef James Oliver.

    • @Andromediens
      @Andromediens 4 роки тому +2

      @Bangbabangbabangbang China is already ranked 1st atm, its economy is bigger than the U.S.

    • @jacob9673
      @jacob9673 4 роки тому +2

      However the US is HEAVILY in debt so they economically obliterate us in like 2 moves.

    • @joshuahibbs4639
      @joshuahibbs4639 4 роки тому +3

      @Alex Mercer The USA sucks at Global Trade because it's not a trading nation only 14-17% imports annually and 7-9% exports annually and the top five biggest trading partners are Mexico, Canada, Japan, South Korea, and it's either Vietnam or China next depending on what day of the trade war. Why trade when you don't have to when everything you need is basically on the same continent the only thing you need after that is cheap labour to make your cheap products. This is why United States fought more with Canada than Mexico during new trade talks because Mexico is seen as a cheaper labour and unskilled underdeveloped economy while Canada is a very aged and old population with very skilled people who are willing to work for cheaper in most cases in their respective skilled trades than their American counterparts.

  • @DrAlfredNUmar
    @DrAlfredNUmar 4 роки тому +6

    Great job guys....keep up the good work

    • @perkinskurt6147
      @perkinskurt6147 4 роки тому

      #I recommend this free profitable signals forex/crypto traders join this WhatsApp traders room..Tap the link below👉chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
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  • @varunnambiar1921
    @varunnambiar1921 4 роки тому +29

    Its good that we have various alternatives. It is not necessary that US should have dominance over global trading system or feel it is entitled to do so. Who said colonialism is over and we are a free world. Ensuring mandatory use of USD.. USA is eating other countries prosperity. New form of colonialism.

    • @_-_-_-TRESPASSER
      @_-_-_-TRESPASSER Рік тому

      Now it all makes sense
      VENIZULA SRIYA LIBYA IRAQ.....
      SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
      So endless lones , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷‍♂️

  • @brianronald4543
    @brianronald4543 2 роки тому +9

    I Want to say a BIG thank you to Mr Sam for his wonderful trades, I've really met the right person to trade with.. Forex trading is really profitable.

  • @kabelomaragelo2745
    @kabelomaragelo2745 3 роки тому +17

    The logic behind of this is messed up. Countries should come together, surely they can't allow this to stand forever.

    • @michaelcharlotte4334
      @michaelcharlotte4334 3 роки тому

      trade now!!!
      +1. 4. 8. 4. 2. 0. 0. 5. 3. 9. 4

    • @ayman4540
      @ayman4540 3 роки тому +11

      Gaddafi and sadam suggested it and u know what the US did to them.

    • @OwnFall420
      @OwnFall420 Рік тому +1

      @@ayman4540Yup!
      USA BABY 🇺🇸😊

  • @godinezfer1906
    @godinezfer1906 4 роки тому +16

    Ahhhhh and thats how US imposes tariffs. Very nice video!

  • @AR-Exp
    @AR-Exp 2 роки тому +3

    I always wondered how these American kids used to go on trips around the world at the age of 18-23. This video explains

    • @Arizona_Ranger
      @Arizona_Ranger 2 роки тому

      well not anymore 🤣

    • @AR-Exp
      @AR-Exp 2 роки тому +3

      @@Arizona_Ranger yea lol, no more petro $, no more 7 star hotels in Developing countries!

    • @Arizona_Ranger
      @Arizona_Ranger 2 роки тому

      @@AR-Exp yeah, but there will be wars for sure

  • @ArshadAdventures753
    @ArshadAdventures753 4 роки тому +19

    This whole video doesn't reveal any of the dark secrets about FEDERAL RESERVE BANK

    • @swlak516
      @swlak516 4 роки тому +4

      ARSHAD BAIG can’t expect that much from WSJ. We’re lucky to get an breed, informative, unbiased video such as this out of them.

    • @Stoneface_
      @Stoneface_ 4 роки тому

      ARSHAD BAIG the federal reserve is the best central bank in the world. It stabilizes the dollar and brings enormous wealth to the country 😉

  • @YoungxAlpha
    @YoungxAlpha 4 роки тому +7

    Where can I read about similar topics like these online? Topics like economics/ geopolitics/ business and the like. Not News but written content to learn from

    • @grace.aquino
      @grace.aquino 4 роки тому +2

      There's plenty of really good people here on UA-cam... George Gammon, Mike Maloney, Peter Schiff, Mark Moss and a ton more! Also, Economics in One Lesson by Henry Hazzlitt is an excellent start.

  • @whitneygraves6919
    @whitneygraves6919 3 роки тому +2

    I also saw recommendation about him on Twitter few days ago

  • @mayanksharma9936
    @mayanksharma9936 4 роки тому +16

    Dollars dominance is coming to an end. India Iran trade is very simple. Iranian government via their Embassy have bank accounts in Indian banks. India buys Iranian oil and pays in Indian currency into Iran's Indian bank account. Then Iran buys things from Indian market, pays in Indian rupees and takes it home. End of story! 😎🤗

    • @perkinskurt6147
      @perkinskurt6147 4 роки тому

      #I recommend this free profitable signals forex/crypto traders join this WhatsApp traders room..Tap the link below👉chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
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    • @realone2228
      @realone2228 4 роки тому +7

      Jokes on you because India's market is heavily tied to the United States

    • @26herbs47
      @26herbs47 4 роки тому

      But at what price does India buy gas from Iran? End of day, India pays the rupee equivalent of the USD price of gas. Secondly, iran can always repatriate unused Indian rupees back to Iran in EURO. It's not a win model for India. India should gave locked in a fixed price of gas, fixed quantity for a fixed term. That would have brought in some stability in India.

  • @JohnwayneNOgacy
    @JohnwayneNOgacy 3 роки тому

    Wow short videos like this can teach you so much.

  • @sciencevids1101
    @sciencevids1101 4 роки тому +14

    I like how as soon as a video like this is posted suddenly all the financial experts come out of the woodwork. 🤣

    • @AchwaqKhalid
      @AchwaqKhalid 4 роки тому +5

      Take a listen boy and maybe you can learn something new instead of just always wasting your time laughing all the time!

    • @lu881
      @lu881 4 роки тому +1

      Yeah, we exclusively sit at home not eating, not sleeping, waiting for videos like these, the one moment where we can come out to the world and show our expertise.
      It's kind of our thing.

  • @robertgeorge238
    @robertgeorge238 3 роки тому +19

    Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result hard work and hustle over time. I pray that anyone who reads this will be successful in life

  • @gabrielanthony1325
    @gabrielanthony1325 4 роки тому +16

    Other Countries: We have money
    US: I am inevitable

    • @perkinskurt6147
      @perkinskurt6147 4 роки тому

      #I recommend this free profitable signals forex/crypto traders join this WhatsApp traders room..Tap the link below👉chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
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  • @aro3636
    @aro3636 4 роки тому +2

    I just got a correspondent banking internship for this summer. Excited to get into the space!

    • @perkinskurt6147
      @perkinskurt6147 4 роки тому

      #I recommend this free profitable signals forex/crypto traders join this WhatsApp traders room..Tap the link below👉chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
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    • @Dwg256
      @Dwg256 3 роки тому +1

      08.10. 2021

  • @AGamerPS3
    @AGamerPS3 2 роки тому +6

    Does this mean when the $ got printed at extreme amounts, it effectively gave the printers free money that allows them to buy anything in the world?

    • @chrishale5213
      @chrishale5213 2 роки тому +2

      What the Fed does is lend money at an incredibly low interest rate to banks. This allows banks to profit by lending out to businesses at higher interest rates. These businesses are supposed to invest that loan money into products and services and then pay taxes to the US. They gave low interest money to banks who could then invest in anything they wanted in the world.

    • @daniel_960_
      @daniel_960_ 2 роки тому +2

      Congrats, you understand the world economy

    • @_-_-_-TRESPASSER
      @_-_-_-TRESPASSER Рік тому

      Now it all makes sense
      VENIZULA SRIYA LIBYA IRAQ.....
      SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
      So endless lones , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷‍♂️

  • @editsblazing
    @editsblazing 3 місяці тому

    Fascinating information. Love you guys

  • @heinrichklaus5717
    @heinrichklaus5717 4 роки тому +22

    Why is TAIWAN included within the map of China?!! Taiwan is an independent and SOVEREIGN COUNTRY. Now even Wall Street Journal KOWTOWS to BEIJING.

    • @sakshammehta5175
      @sakshammehta5175 4 роки тому

      They haven't, man! It's just that they have colored a lot of countries with the same color (China, Taiwan, Cambodia, Iraq and others). They have specifically labeled the island as 'TAIWAN' if you can read it. Bother thinking before posting anything on social media?

    • @heinrichklaus5717
      @heinrichklaus5717 4 роки тому +4

      @@sakshammehta5175 They should've used a different color for TAIWAN. They label TAIWAN only as an ISLAND, not as a SEPARATE NATION. Are you COLOR-BLIND ? Why didn't they use the SAME COLOR for INDIA and PAKISTAN ?

    • @bitterballs356
      @bitterballs356 4 роки тому +1

      @@heinrichklaus5717 taiwan is part of China. China wont let US steal taiwan

    • @ayingchanda
      @ayingchanda 4 роки тому

      Oh my gawd it's the end of the world for taiwan. Oh no...

    • @perkinskurt6147
      @perkinskurt6147 4 роки тому

      #I recommend this free profitable signals forex/crypto traders join this WhatsApp traders room..Tap the link below👉chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
      #I failed Soo many times until I was introduced into this group,they are very reliable & trusted profitable signals...
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  • @ilyaweissman3135
    @ilyaweissman3135 4 роки тому +12

    By the way, where are the trillion dollars you forgot about the omnibus

  • @saratc985
    @saratc985 4 роки тому +39

    So, that's the origin of statements like
    "If I had a dollar everytime........."

  • @haadbajwa7565
    @haadbajwa7565 4 роки тому +1

    Nice Documentey on $ clear and explanatory..

  • @mohamadmourad1825
    @mohamadmourad1825 2 роки тому +3

    The first graph at 0:11 contains some fundamental errors:
    1) It does not take much to see that the sum of all these "percentages" exceeds 100%.
    2) The footnote should rather say that the sums total 200% rather than simply being greater than 100% since every transaction involves 2 currencies. As such, every bar on the graph needs to be divided by 2. Hence, the USD accounts for 44% of currency exchanges and NOT 88%.
    3) It is not the Chinese yuan that is a currency but rather the Chinese Renminbi. The yuan is the unit of account. There is a subtle distinction between the two.

    • @_-_-_-TRESPASSER
      @_-_-_-TRESPASSER Рік тому

      Now it all makes sense
      VENIZULA SRIYA LIBYA IRAQ.....
      SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
      So endless lones , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷‍♂️

  • @unknownxxx88719
    @unknownxxx88719 4 роки тому +7

    without saudi oil, dollar is nothing and no one used it.

  • @dr.z7958
    @dr.z7958 4 роки тому +6

    0:08
    % of international trade currency:
    88% U.S dollar
    33% Euro
    18% Japan yen
    13% British pounds..etc
    so international trade is >150% of international trade?

    • @rytiskurcinskas7179
      @rytiskurcinskas7179 4 роки тому

      nice one

    • @JuliaYamYam
      @JuliaYamYam 4 роки тому

      There's an explanation why at the bottom of that frame.

    • @dr.z7958
      @dr.z7958 4 роки тому

      @@JuliaYamYam That explanation doesn't make sense for me. The logical way is they take global trade for a year and see how much % of it was in Dollar,Yen,Euro..etc. in which it adds up to 100%.

    • @PocketInfinite
      @PocketInfinite 4 роки тому +1

      @@dr.z7958 it adds up to 200% because two currencies are involved in every (most) international transactions. If every country other than America converts their currency into USD you can say that USD has 100% dominance, since that's what everyone trades into. If you express that as 50% (like you want it t be) of USD dominance then you'd think that the rest of the world (excluding US) only converts their currency into USD 50% of the time, but this is not true. Hence there's 200% involved and USD is 88% dominance.
      You can think of it like. the rest of the world exchanges their currency to USD 88% of the time.
      44% would only make sense if no countries traded together

  • @jimliu2560
    @jimliu2560 4 роки тому +13

    Wait, if different currencies can be freely exchanged for the dollar; why can’t a foreign business just use dollars and bypass the us bank?

    • @ljmei1995
      @ljmei1995 4 роки тому +3

      jim liu because most other currencies are bond to the dollar and if you do trade with the sanctioned country with your country money, the US can put sanction on your country

    • @priyans1020
      @priyans1020 4 роки тому

      Did to india

    • @turbulentmk
      @turbulentmk 4 роки тому +5

      Because it's a lot easier to make use of the current financial systems and US banking infrastructure than go re-invent the wheel.

    • @gabbar51ngh
      @gabbar51ngh 3 роки тому

      @@ljmei1995 oil can be bought only in dollars. Unless buying from some Anti american country like russia or Iran

    • @_-_-_-TRESPASSER
      @_-_-_-TRESPASSER Рік тому

      Now it all makes sense
      VENIZULA SRIYA LIBYA IRAQ.....
      SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
      So endless lones , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷‍♂️

  • @the_sideshifter
    @the_sideshifter 4 роки тому +16

    Its 44% (the half of 88%). This graph goes to 200% for whatever reason.
    If you look at other graphs you'll see the growing influence of the EURO over the years. It's the world's most stable, reliable (and also decentralized) currency. And if Britain joined from the beginning, like it was supposed to, it would have been the most wide spread currency by now. But its just a matter of time...

    • @hegemonys
      @hegemonys 4 роки тому +3

      matter of time? Britain is definitely gonna leave the EU unless there is some option to re-join, which of course would look bad on Britain if they did. Its like getting back with your ex after realising that he/she was right the whole time.

    • @mredser76
      @mredser76 4 роки тому

      Please elaborate

    • @Noway1252
      @Noway1252 4 роки тому +2

      It's actually correct! It should be 200% since 2 currencies are involved in every transaction done. Plus I wouldn't call the Euro decentralized since its value is influenced by the decisions of a central entity, the European Central Bank. While I would've preferred the UK remaining with the EU, one drawback of being part of the EU is that governments aren't allowed to intervene in the monetary policies of the central bank. This wouldn't allow the governments to issue bonds to their central banks in order to raise more money so that the government can spend more, just like what the US does. This can be seen as pro or con depending on everyone's point of view.

    • @the_sideshifter
      @the_sideshifter 4 роки тому

      @@Noway1252 The ECB comprises the heads of the other Eurozone Central Banks, which gives it the decentralization I mentioned. There are rules if you want to be a part of the Eurozone, one being not having a deficit, greater then 3%, which curbs the vicious cycle of printing money and inflation and so on and provides the stability I mentioned. And yes, the graph is ''technically correct'', but completely misleading (deliberately or not :)

    • @the_sideshifter
      @the_sideshifter 4 роки тому +1

      @@hegemonys Britain will rejoin the EU. First Scotland, then Northern Ireland and then in the end England as well. It might take a decade or 2, but it's inevitable. And when they do, they would no longer have the exemption of not joining the Eurozone, which every new member is required of.

  • @GTRNR
    @GTRNR 4 роки тому +9

    BIGGEST MISTAKE THE WORLD HAVE EVER MADE... NOW THEY ARE PAYING THE ULTIMATE PRICE

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      @perkinskurt6147 4 роки тому

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  • @RossCampoli
    @RossCampoli 4 роки тому +8

    It will be interesting to see how global commerce changes in the future with currencies like Libra becoming viable. I don’t see the dollar going anywhere any time soon, but alternative currencies, when backed by large corporations like Facebook, could have a very large economic impact.

    • @willinton06
      @willinton06 4 роки тому

      Ross Campoli - Leadership & Business Videos libra will be backed by the US dollars too so...

    • @RossCampoli
      @RossCampoli 4 роки тому +1

      willinton06 backed by a basket of currencies, but any new currency derivative will have economic fluctuations

    • @willinton06
      @willinton06 4 роки тому +1

      Ross Campoli - Leadership & Business Videos the basket of currencies will be mostly dollars, but yeah other currencies will be there as well, but Mark said mostly dollars

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      @perkinskurt6147 4 роки тому

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  • @evelynnrot2137
    @evelynnrot2137 3 роки тому +27

    With the current dip in the crypto market, it's a wise business decision to start trading in forex. Let's face it. We don't know for certain when the crypto market would come back up. I just feel forex is a wiser choice.

    • @CharlesJones-jc5nl
      @CharlesJones-jc5nl 3 роки тому

      Forex trading is the future, especially if you know how to trade effectively.

    • @emilyfranklas4589
      @emilyfranklas4589 3 роки тому

      I'd love to trade on forex but it's difficult. Over the last month, I've lost a lot of money on forex and that's not encouraging.

    • @evelynnrot2137
      @evelynnrot2137 3 роки тому

      @@emilyfranklas4589 I'm sorry for your losses. You could probably find someone to trade for you if you can't do it yourself.

    • @johnwalcott3114
      @johnwalcott3114 3 роки тому

      I don't think it's smart to write off crypto trading just yet. The market is down but it's going to come back up again I'm sure.

    • @evelynnrot2137
      @evelynnrot2137 3 роки тому

      I'm not saying the market is not going to come back up; but right now, investing money in a failing market is unwise. A lot of downsides on the off chance that the market rises enough to make profit.

  • @cristobal8367
    @cristobal8367 4 роки тому +5

    END THE FED

  • @ravindertalwar553
    @ravindertalwar553 2 роки тому

    Wonderful presentation and Great excitement

  • @johnjudith6236
    @johnjudith6236 3 роки тому +5

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      @MairaJNape 3 роки тому

      That is why I had to start forex trading 2months ago and now am making benefits from it.

    • @inesjoao1001
      @inesjoao1001 3 роки тому

      Thanks for introducing me to Mr Jackson Williams

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      @veratiago3199 3 роки тому

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      @sundayjoshua9216 3 роки тому

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      @marcscudamore6546 3 роки тому

      how do I reach him?

  • @Blazee2897
    @Blazee2897 Рік тому +2

    Bring the gold standard back!!

  • @josephudokim2616
    @josephudokim2616 3 роки тому +36

    I tried trading alone but had no profits until I started trading with an expert that helped me grow back my account

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      @queenjones5692 3 роки тому

      I believe that companies and billionaires money make profits by trading with expert traders

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      @josephinerespect1860 3 роки тому

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      @houstonlivine7627 3 роки тому

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      @elizabethjohn5938 3 роки тому

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      I've learnt that investment is the best way to preserve wealth

  • @anamariacambiaso5852
    @anamariacambiaso5852 3 роки тому +27

    Hopefully alternative and effective currency systems will be implemented to get rid once and for all of the US dollar system that imposes US interests in detrimental of other country's interests and sovereignty. Millions of Americans and the vast majority of nations around the world, whether they admit it or not, are looking forward to that New Era.....and it's coming, slowly but firmly !!!

    • @dant4974
      @dant4974 2 роки тому +3

      This comment didn't age too well. The dollar index is on a rocket ship while other currencies continue to fall. While I agree that the US abuses the power of the reserve currency, could you imagine how china would use that kind of power? A country could simply criticize china and they would sanction them. Just look what they did to Australia in 2020 when they asked to investigate the origins of Covid in china. They banned the imports of Australian coal LOL. This is one reason china will have a tough time getting the reserve currency status like they so dearly want. China is not nearly close to being trusted like the US on a global scale.

    • @_-_-_-TRESPASSER
      @_-_-_-TRESPASSER Рік тому

      Now it all makes sense
      VENIZULA SRIYA LIBYA IRAQ.....
      SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
      So endless lones , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷‍♂️

  • @alvirarahman2690
    @alvirarahman2690 4 роки тому +10

    Google “Petrodollar”
    The other half of the story that is not present in this video will be clear.

    • @alvirarahman2690
      @alvirarahman2690 4 роки тому

      Teringventje when any other currency is converted to US Dollars, a small sum of money is counted as profit paid to the dollar side. Imagine transfer like that all over the world, everywhere on Earth. Millions and millions of dollars in profit.

  • @theresidetective1646
    @theresidetective1646 4 роки тому +2

    yea this discussion is nothing new. it is easy to say this, but there are so many factors work to keep the dollar in its place simply because it has been like this for so long and the stakeholders (all other major countries pretty much) would want to keep this status quo because it is in their best interest.

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      @perkinskurt6147 4 роки тому

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  • @hassanalhakeem5664
    @hassanalhakeem5664 4 роки тому +8

    BITCOIN

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      @perkinskurt6147 4 роки тому

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  • @love2CUsmile86
    @love2CUsmile86 2 роки тому +2

    A country can choose not to use the US dollar. As long as there is a demand to use US dollar, US will supply them.

    • @daniel_960_
      @daniel_960_ 2 роки тому

      Didn’t end well for some countries wanting to go away from the dollar. Why do you think the US is involved in so many conflicts.

    • @saitama2508
      @saitama2508 2 роки тому +1

      @@daniel_960_ but those were some countries and far between each other in time
      What if a significant number of Nations at the same time decide to get rid of this monopoly

  • @susannahepstein8883
    @susannahepstein8883 2 роки тому +59

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    • @charlescottrell6640
      @charlescottrell6640 2 роки тому

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    • @badgerbeall6260
      @badgerbeall6260 2 роки тому

      Her strategy has been helping a lot of traders/newbies out there, with her program i was able to recover my losses from the crash so swiftly.

    • @lindsey2894
      @lindsey2894 2 роки тому

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    • @user-fu2cq4tw9k
      @user-fu2cq4tw9k 2 роки тому

      ....

    • @susannahepstein8883
      @susannahepstein8883 2 роки тому

      That's her handle up there☝

  • @SK-le1gm
    @SK-le1gm 3 роки тому

    This was well explained. Thanks wsj.

    • @mariaani3416
      @mariaani3416 3 роки тому

      I•F Y•O•U ARE H•A•V•I•N•G
      D•I•F•F•I•C•U•L•T•I•E•S O•N
      T•R•A•D•I•N•G C•R•Y•P•T•O
      I• H•A•V•E A P•R•O•P•O•S•A•L F•O•R Y•O•U
      (•1>80>6>9>7•

    • @northstarbadcharts1182
      @northstarbadcharts1182 3 роки тому

      *Thanks for the feedback~~~I have Something big I'd love to introduce you to feel free to chat me immediately for more enlightenment.

  • @menumlor9365
    @menumlor9365 4 роки тому +10

    I can see why cyrptocurrency can be an issue. Especially bitcoin because no one technically owns bitcoin.

    • @fotisvon9943
      @fotisvon9943 4 роки тому +1

      We’re there similar claims about the internet? If so look to see that China has found a way to control it. It may not be possible with bitcoin, but who is to really say in current time.

    • @vishnaik3914
      @vishnaik3914 Рік тому

      Cryptocurrency is a Hoax, foisted on ignorant people

  • @firefox7801
    @firefox7801 4 роки тому +1

    1944
    1971
    Most important years in modern financial history

  • @sukocoadjikawedhar9595
    @sukocoadjikawedhar9595 4 роки тому +14

    The percentage confuse me

    • @5000yes1
      @5000yes1 4 роки тому +1

      Two currencies need to be exchanged in a transaction, so it adds up to 200%, not 100

  • @makumbele
    @makumbele Рік тому

    The stepping away from the dollar will not only hurt the US trading system, but its geopolitical power and influence.

  • @teomartini1105
    @teomartini1105 4 роки тому +4

    1:30 and if someone tries not to do business in dollars in the ME he gets bombed

  • @anonymousq1942
    @anonymousq1942 4 роки тому +1

    It runs through the dollar because the dollar is balanced and the us has the most money(GDP)

  • @josediego2109
    @josediego2109 3 роки тому +22

    Hello I'm new to forex and I have been making huge loses but but recently I see alot of people earning from it, can someone please tell me what I'm doing wrong

    • @walkerfred9763
      @walkerfred9763 3 роки тому

      You need a professional Brooker to trade for you

    • @xavierreginald9536
      @xavierreginald9536 3 роки тому

      @@walkerfred9763 You are right a good Brooker is the key to a successful trading

    • @marcoantonioperalta7571
      @marcoantonioperalta7571 3 роки тому

      @@xavierreginald9536 that's the simple fact

    • @josediego2109
      @josediego2109 3 роки тому

      @@walkerfred9763 I don't thinks is easy getting a legit manager at this time

    • @walkerfred9763
      @walkerfred9763 3 роки тому

      @@josediego2109 It's quit simple if a legit manager like expert Mrs Jennifer Allen handle your trade, I've made alot from her platform

  • @colonelchuck5590
    @colonelchuck5590 4 роки тому

    No mention of the USA/Saudi PetroDollar sure leaves a hole in this presentation!

  • @jenniferlee1089
    @jenniferlee1089 3 роки тому +19

    Mrs Lisa is legit and her method works like magic I keep earning every single week with her new strategy

    • @jenniferlee1089
      @jenniferlee1089 3 роки тому

      Yeah

    • @richieblossom6547
      @richieblossom6547 3 роки тому

      I think I am blessed because if not I wouldn't have met someone who is as spectacular as expert Mrs Lisa

    • @richieblossom6547
      @richieblossom6547 3 роки тому

      I think that she is the best broker I ever seen

    • @ramirexderrick838
      @ramirexderrick838 3 роки тому

      thanks for introducing me to Mrs Lisa

    • @ramirexderrick838
      @ramirexderrick838 3 роки тому

      My first investment with Mrs Lisa gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known

  • @tazmoir
    @tazmoir 2 роки тому

    insightful video.

  • @butterchuggins5409
    @butterchuggins5409 4 роки тому +4

    US war machine also explained

  • @kerron_
    @kerron_ 4 роки тому +1

    The Government should make a US cryptocurrency where all the miners / payment processing happens in the US and also in US territories. It can be used globally with a tiny transaction fee.

    • @perkinskurt6147
      @perkinskurt6147 4 роки тому

      #I recommend this free profitable signals forex/crypto traders join this WhatsApp traders room..Tap the link below👉chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
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  • @mythbusterUSA
    @mythbusterUSA 3 роки тому +4

    US banking system is very efficient 😂😂😂😂😂😂😂😂
    Fed is printing trillions every month.

  • @negativegains4883
    @negativegains4883 4 роки тому +2

    why the fkin music sounds like a guardian attacking you in Zelda: BOTW?

  • @markedwards9247
    @markedwards9247 4 роки тому +4

    Spot on.
    Using an older model imported from Europe.
    Mafia !
    "I got an offer you cannot refuse".

  • @26herbs47
    @26herbs47 4 роки тому +1

    Bitcoin is also a USD virtual trust asset. USD falls bitcoin falls.

  • @SW-fy8pq
    @SW-fy8pq 4 роки тому +6

    Nothing physical can last forever, the dominance of dollar will come to an end sooner or later.

    • @_-_-_-TRESPASSER
      @_-_-_-TRESPASSER Рік тому

      With a digital DOLLAR 😂

    • @_-_-_-TRESPASSER
      @_-_-_-TRESPASSER Рік тому

      Now it all makes sense
      VENIZULA SRIYA LIBYA IRAQ.....
      SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
      So endless lones , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷‍♂️

  • @xiangpingxu4817
    @xiangpingxu4817 2 роки тому

    Remember, when trend formed, you hardly to stop a trend.

  • @Feynman981
    @Feynman981 4 роки тому +11

    7th strongest currency: Swiss Franc! Because why? Because winners have francs in their banks!

    • @Stoneface_
      @Stoneface_ 4 роки тому +3

      Feynman981 the country is very stable too thus people trust putting their money and assets in Swiss banks

  • @Whyinem
    @Whyinem 3 роки тому

    Great explanation

    • @mariaani3416
      @mariaani3416 3 роки тому

      I•F Y•O•U ARE H•A•V•I•N•G
      D•I•F•F•I•C•U•L•T•I•E•S O•N
      T•R•A•D•I•N•G C•R•Y•P•T•O
      I• H•A•V•E A P•R•O•P•O•S•A•L F•O•R Y•O•U
      (•1>80>6>9>7•

  • @auro1986
    @auro1986 4 роки тому +3

    does that mean there are more dollars in other countries than in america?

    • @kongwee1978
      @kongwee1978 4 роки тому +2

      physically yes.

    • @perkinskurt6147
      @perkinskurt6147 4 роки тому

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    • @Blacktolite
      @Blacktolite 4 роки тому

      Absolutely the whole world is exchanging in dollars that billions of people exchanging in dollars.

  • @iinath98
    @iinath98 4 роки тому +1

    the only video which clearly explained how US $ is used in trade.

    • @_-_-_-TRESPASSER
      @_-_-_-TRESPASSER Рік тому

      Now it all makes sense
      VENIZULA SRIYA LIBYA IRAQ.....
      SO ALL THIS JUS FOR PETRO DOLLAR MAINTAIN SUPREMACY.
      So endless lones , to Ukraine, strings to Europe all in dollars to b repaid in future, so thy can't mov away from dollar 2 rumble yuan or other, someone wants war all around world jus to mak them indebted to dollars FOREVER 🤷‍♂️

  • @MelvinJ64
    @MelvinJ64 4 роки тому +4

    Power of The Dollar - By 50 Cent

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      @perkinskurt6147 4 роки тому

      #I recommend this free profitable signals forex/crypto traders join this WhatsApp traders room..Tap the link below👉chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI
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