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Nov.02 Bridgewater Associates founder Ray Dalio explains the path he sees for the yuan to become a reserve currency faster than current expectations. He shared his China insights during an exclusive interview with Bloomberg's David Ingles at the Hong Kong FinTech Week.
Get your free subscription to Morning Brew at 🤍 Since the end of World War 2 the US dollar has been world reserve currency, this means international transactions are overwhelmingly done in US dollars. This gives the US some key economic advantages. Naturally China wants to make its currency the world reserve currency, and as the second largest economy it makes some sense. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel: 🤍 #Economics #Explained #EconomicsExplained #China #Chinaeconomy 0:00 - 1:13 Intro 1:14 - 2:00 Morning Brew 2:01 - 3:55 Bretton Woods 3:56 - 5:20 USD as reserve currency 5:21 - 7:00 Advantages of reserve currency 7:01 - 9:00 China's plans 9:01 - 9:47 Belt and road initiative 9:48 - 11:45 Ukraine war 11:46 - 14:47 Problems with the Chinese yuan 14:48 Morning Brew Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 🤍 ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → 🤍 ✉️ Business Enquiries → hello🤍economicsexplained.com 🎧 Listen to EE on Spotify! 👉 🤍 Follow EE on social media: Twitter 🐦 → 🤍 Facebook → 🤍 Instagram → 🤍 ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 🤍 The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Patrons, rotation 1 Andres Sepulveda, Antonio Morales, Joe Mulholland, Cypher Sand, cavemancamping, Michael Levin, Lauren, Randall Sylvia, Maff Bowers, Calvin, Guillermo, Sunil, Suhas Nadiga, Julius Schulte, Benjiman Law, Tom Aminikharrazi, Achilles Willow Keen, AJ Taylor, Trenton Campbell, Michele Mazzucchi, Robert Straw, Shane Nash, Kieran VR, Kersean Natividad, Nuno Costa, Farbod Baharkoush, Andrew Morgan, Andy Southgate, Ritch, Florian Verbeek, Craig A Stewart, Dean Basel, Fel Martins, josh, Markus Portmann, Daniel Kovacs, Andre Laferriere, Mike, Brian Gottlieb, Matt Brown, Alex Pynn, Vanya Davidenko, Christopher Perez, Yazen, erv4gen , Aaron Richards, Felix, jens august, Marius Faber, Paul Haworth, Philipp Wendler, Patryk Ozga, Jim Kirker, Mariusz Jamro, Juan C., truejediknight, Alexis Gorman, David Grimfors, Drolet Matthis, MageLord , Lars Andersen, Doug Oke, Daniel Williams, Michael Reynolds, Dilraba Ibrahim, Kosty Maleyev, Gerald Good, Martijn Meijer, Fergus Grenfell, John See, Dionysus Bacchus, Hugo Sykes, John Mendelson, Nate Flanders, Ula, Wizzz74 , Kenneth Oswalt, rohan antao, Vamsi Sakhamuri, John Mendelson, Liam Cairns, Mark Middle class patrons, rotation 1 Abel , James Oakden, Eric Slimko, Adam, Empyre18 , Cathleen Corrie, Geoff Stuart, Brian Jackson, Istvan P, Johann D??pke, Leonid Sorokoumov, Carl Malartre, Edward Bass, Thomas Davenport, Nicholas Luchetta, TParkin, Kim Brand, Ted Marcy, Eliana, cardboardpig, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Justin Smith, Karan Mehta, Alex, Amit Fortis, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Michael G, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES , Zac Woodrell, Enrique Gutierrez, Riley Donegan, Jacqueline Reich, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Gregory Moore, Anthony , Arend Peter Castelein, Daniel Alberto V?zquez Rodr??guez, David Atlas, Bret Allan, Kamil Sicinski, Bernardo , Ben Cheung, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Upper middle class patrons Andrew Schechtman, Michael Ling, Cy 'kkm' K'Nelson, Bob Burdett, Stephanie Roth, Frank Soltero, David Poliakoff, Johan Auster, Jay Eno, Philip, Ryan Foo, Gr??goire Duch?¦ne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Christopher Blackmon, Nathan Ngumi, JKH , Luis Bernal, Milo RankoviŽ?, Denzil, Samantha Satow, Constanza de Svastich, Marie and Peter, Rachel Winters, Steffen Lindner, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Daniel Hardingham, Paul Ashworth, BlobyTwo , Igor Stavchanskiy, Mcfeld, Wendover Productions, Michael Chang, Shab Kumar, Andrew Harrison, Hector Mayorga, Alex Gogan, Morgon Goranson, Irsal Mashhor, Jack Doe, Igor Bazarny Upper class patrons Jeromy Johnson
Israel's central bank will add the Chinese yuan to its currency reserves for the first time. According to its central bank, two percent of the country's current 200 billion dollars in foreign cash will be dedicated to the yuan. Israel says the policy transition is a conceptual shift in which it will hold multiple currencies. However, the yuan's entry comes at the expense of the euro and the dollar. And Israel isn't the only country aiming to broaden its portfolio. According to a recent IMF poll, the US dollar's proportion of global currency reserves fell to its lowest level since 1995 at the end of last year. Guests: Dan Catarivas Director General of International Relations at MAI Einar Tangen Political Analyst Subscribe: 🤍 Livestream: 🤍 Facebook: 🤍 Twitter: 🤍 Instagram: 🤍 Visit our website: 🤍
America enjoys an exorbitant privilege from the fact that the dollar is the world's reserve currency. China would like its currency to have the same status. Asia markets correspondent Hudson Lockett explains what China needs to do to make it happen. See if you get the FT for free as a student (🤍 or start a £1 trial: 🤍 ► Check out our Community tab for more stories or to suggest videos. ► Listen to our podcasts: 🤍 ► Follow us on Instagram: 🤍
China is advancing the global movement toward de-dollarization. Beijing's central bank is boosting its gold reserves while signing currency swap deals in yuan with countries like Argentina, encouraging the use of renminbi instead of US dollars. Sources and more information here: 🤍 Russia dropping US dollar for Chinese yuan – and fast: 🤍 IMF admits US dollar hegemony declining, due to rise of Chinese yuan, sanctions on Russia: 🤍 How Argentina has been trapped in neocolonial debt for 200 years: An economic history: 🤍 || Geopolitical Economy Report || Please consider supporting us at 🤍 Patreon: 🤍 Podcast: 🤍 Telegram: 🤍
US dollars is now the most widely used currency in the world, with central banks, and affluent individuals' cash holdings, all using it widely. According to a report of the European Central bank, roughly 40% of international trade transactions in goods are invoiced in US dollars. As of 2020, more than 90% of forex trading was conducted in dollars; banks hold more than 60% of foreign exchange in dollars; half of all dollars in circulation were used outside the US—particularly in Latin America and former Soviet countries—and more than half of global trade will be conducted in dollars. The benefits of the US dollar over the yuan are enormous when the facts are considered. Rumor has it that China wants the Yuan, its currency, to replace the dollar as the world's reserve currency. China is taking steps to achieve this as its economic power develops to gain more influence over the world. So, Are all these rumors true or not? Watch the video to find out more. #china #dollar Chapters : 00:00 - Intro 00:58 - How U.S. Dollar became the reserve currency? 02:40 - The Rise of Chinese Currency. 04:10 - Digital Yuan. 06:08 - Hurdles for Yuan to Replace U..S Dollar. 10:37 - Outro _ Enjoyed the video? Let us know in the comment section📋📋 Subscribe to our channel for more content. -About Money Uncharted Money Uncharted makes Explainer Documentaries about Money, Finance, Economics, and Business. For Copyright and Business only : Moneyuncharted🤍gmail.com
A persistent stream of punditry prophesizes the end of the dollar as the world’s reserve currency, with China’s yuan usually cited as its successor. Yet the latest IMF data shows the dollar remaining far ahead of its competitors, with no signs of changing soon. Here's why. Presented by 🤍cmegroup: 🤍 Subscribe to our YouTube channel: 🤍 Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit 🤍 or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app. Have a story to tell? Fill out this survey for a chance to have it featured on Bloomberg Quicktake: 🤍 Connect with us on… YouTube: 🤍 Breaking News on YouTube: 🤍 Twitter: 🤍 Facebook: 🤍 Instagram: 🤍
Will the Chinese yuan replace the USD as world reserve currency? China widely considered to be the next rising world power, and as the US is in decline, they’re expected to be the strongest world power in the new future. But will they? Things aren’t as rosy as they seem. China has unsustainable economic growth because they’ve been the biggest beneficiary of the globalization trend of the past several decades. But now, de-globalization is happening around the world, and China is suffering. Here's why. Whenever you're ready, here are THREE ways I can help you: 1. Grow & monetize your small channel on Youtube (Achieve $4k months) ► 🤍 2. Launch a signature course in 90 days ► 🤍 3. Learn the basics of crypto & become a confident crypto investor (It’s free!) ► 🤍 TOOLS I USE TO CREATE MY VIDEOS: ► Camera: 🤍 ► Microphone: 🤍 ► Lighting: 🤍 ► Webcam: 🤍 ► Keyword Research: 🤍 ► Video Content Planning: 🤍 SAY HI ON SOCIAL: ► Twitter: 🤍 ► Tiktok: 🤍 ► Instagram: 🤍 ► Blog: 🤍 *Some of the links provided here are affiliate links, which means I may earn a small commission when you click at no additional cost to you. #realestatebubble #shorts #worldeconomics #realestate #deglobalization
"What You MUST KNOW About The Chinese Yuan As The Global Reserve Currency" - Jim Rickards today we're sharing with you another Jim Rickards interview since we've haven't share many video to keep us update with what the chinesse are doing. #Informedfew CREDITS: Jim Rickards on China, The New Great Depression, Bitcoin, Gold, New Global Reserve Currencies 🤍 The James Rickards Project - Official Channel 🤍 👇 Checkout These Similar Videos👇: Why China's plan for the world's first digital currency matters | Counting the Cost 🤍 What China Is Doing To America! 🤍 What China’s New Digital Currency Tells Us About a Cashless Future | WSJ 🤍 How China Got Rich | ENDEVR Documentary 🤍 - 🔑 Don't Forget To Subscribe For More: 🤍 If you’re new to this channel then I want to welcome you to “Informed Few”. This channel is all about keeping you updated with today's economy, helping you to keep educated with what is going on globaly with the economy. We try our best to create the best education videos to help to lift you up when you’re down and to inform you, so that you can become more knowledgable of today's economy. FAIR-USE COPYRIGHT DISCLAIMER Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use. -This video has no negative impact on the original works (It would actually be positive for them) -This video is also for teaching and inspirational purposes. -We've only used bits and pieces of videos to get the point across where necessary. For Any Copyright Issue Or Business Inquire } Informedfew🤍gmail.com
The International Monetary Fund has approved China's yuan into its elite reserve currency, in a decision hailed as "an important milestone" for the world's second largest economy. As a result of the decision, China would become a "much more responsible financial power," Ann Lee, an economics professor at New York University, said in an interview with Al Jazeera. "They know that now they've got the status. They're going to try to uphold their end of the bargain." Al Jazeera's Kristen Saloomey reports from New York. Subscribe to our channel 🤍 Follow us on Twitter 🤍 Find us on Facebook 🤍 Check our website: 🤍
The hegemony of the US dollar currency shows the imbalance in the use of the dollar currency compared to other currencies in the global economic market, which is undoubtedly supported by the International Monetary Fund (IMF) and the World Bank (World Bank) for a long time. Green US Dollar banknotes were first printed to finance the Civil War in 1861 and became the main global currency after the Bretton Woods Agreement of 1944. Today, the US Dollar is used in all corners of the world including for oil trade i.e., the 'petrodollar’ which is accepted for most international transactions and dominates up to 90% in the foreign exchange market (FOREX). Not to forget, 40% of the world's debt is also issued in Dollar currency. With world financial policies supporting the power of the US, the value of the Dollar is expected to continue to strengthen. In addition to the dollar, the Japanese Yen and Euro are the most used currencies. Although neither of them competes with the Dollar, the Chinese Yuan or Renminbi, is often cited as the main competition for the US Dollar. China and Russia are seeking to stop using the Dollar with various cooperation with countries in the Asian region and the Middle East. In this video, we will see how the US Dollar is starting to be replaced by the Chinese Yuan currency.
Could Chinese Yuan Be The New World Reserve Currency? Today’s video will discuss what it means for a currency to become the world’s reserve, and the question is: can China's yuan be a viable replacement? Subscribe to my channel #MainStInformant here: 🤍 to stay up to date on the latest news and events around the world. Renminbi is the official currency of China. Yuan is the principal unit of account for that currency. It has been predicted that Yuan could eventually overtake the British pound, the euro, and the Japanese yen as the next global reserve currency. Yet is this even possible? Potentially, given that China is the largest trading nation and that 125 countries consider China to be their top trading partner. Even while its economy is expanding, China's currency is not a global reserve, which will restrict both its economic potential and—possibly more significantly—its influence. Meanwhile, the US dollar has been performing exceptionally well and a large part of that is because of the uncertain economic climate around the world, which is prompting wealthy individuals and institutions to search for secure locations to store their money. The US dollar has not always served as the world's reserve currency. It has only existed in its present form since the early 1900s, and it wasn't until the middle of the 20th century that it actually replaced the British pound as the world reserve currency, which it held during the colonial era of international trade. All other participating countries' currencies were tied to the US dollar. Because they knew they could always trade their dollars for gold at any time, should the need arise, countries were able to hold US dollars in reserve instead of actual gold. Due to the likelihood that the currencies of the trading nations were already tied to the US dollar, US dollars were the standard option for conducting any form of international trade. The US dollar continues to be used as the global reserve currency. The International Monetary Fund estimates that central banks maintain around 59% of their reserves in U.S. dollars. A large portion of the reserves are held in cash or U.S. bonds, like U.S. Treasuries. Foreign debt held in dollars is still increasing, with levels expected to reach $13.4 trillion by the middle of 2022. The majority of people would assume that this makes the dollar the world's strongest currency. After the Euro and, obviously, the US dollar, the Chinese Yuan is currently the third most widely used reserve currency. Trade is China's best weapon for introducing its currency to the global market. A choice is made each time trade is conducted between two foreign nations. In casual commerce, the importer typically gives the exporter payment in their home currency. However, on the scale of international commodity transactions, it is just simpler to rely on a reliable third party, which is usually always the US dollar. Due to the fact that practically all international oil sales are conducted in US dollars, you may have heard US dollars referred to as "petro dollars." This means that large oil exporting nations naturally accumulate substantial amounts of this currency. The conflict in Ukraine has also aided China's efforts to promote its yuan internationally. The so-called BRICS economies—Brazil, Russia, India, China, and South Africa—met to examine their ongoing commercial connections, primarily in light of the sanctions imposed by the West on Russia. Trade between these extremely powerful economies has increased by 38% this year as they have become more competitive with one another since losing access to the West's market. China is profiting from this in more ways than just obtaining cheap oil from Russia. Given that it is the trading block's largest and most significant member, it is pushing for the Yuan to become the de facto means of exchange. However, some contend that China's governance and development designs would make it difficult for the yuan to become as globally accepted as the dollar. Concerns about China's political stability are raised by its one-party system, lack of right to vote, and lack of a mechanism for a peaceful and orderly transition of power. The US seems politically chaotic with the two major parties battling each other, culminating in nothing getting done or creating divisions between ideological or racial groups. But its governance system of “checks and balances” provides equal power among the executive, legislative and judicial branches. Another challenge is that the yuan is not completely convertible, which makes international money transfers difficult. Additionally, China's economic development model, especially how the yuan is valued, is not in line with the free-trade concept. Although the Yuan has gained significant popularity, replacing the US Dollars as a reserve currency is not going to be easy or quick.
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At the 2023 BRICS summit, Russia has confirmed a new reserve currency system will be discussed. If this comes true, a powerful new competitor could arise to challenge the dollar and the Euro. However, what shape will a BRICS currency take? Will it be backed by commodities like oil or gold? Here's what you must know about this game-changer. 📍📍Buy Gold & Silver (Singapore Viewers): 🤍 - Get a 0.5% discount with the code: SEAN-2023 💰💰Stocks - Get Up To 5 Free Stocks Worth $3500 (American viewers): 🤍 - Get free stocks up to $1,000 from Moomoo (Singapore viewers): 🤍 - Get more free stocks from WeBull (Singapore viewers): 🤍 ✅ Timestamps & Chapters: 0:00 The BRICS Currency Is Coming 1:31 Is It Possible? 4:10 Breaking Away From The Dollar 6:57 Backed By Oil & Gold? 9:40 Free From Sanctions 12:11 Prepare For A Shift Subscribe to my channel where we dive deeper into the world of gold, silver & investing: 🔴 Subscribe: 🤍 Helpful videos for gold investing: - Start With Silver Or Go Straight For Gold?: 🤍 - How Much Gold To Own: 🤍 - How High Can Gold Prices Go: 🤍 Learn how to buy physical gold: 👑 🤍 Here's how to buy physical silver: 🪙 🤍 Please note: I will earn a small commission from affiliate links at no additional cost to you. Disclaimer: The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.
In a surprise move, Zimbabwe announced it would shift to the Chinese yuan as its reserve currency. As part of the deal, China agreed to cancel about $40 million of Zimbabwe’s debts due this year. The U.S. dollar is used as the major currency in the impoverished African nation. Originally published at - 🤍
This lecture will present why it has become imperative for China to increase the international use of its currency, the Renminbi (RMB), considering the growing reliance of the United States on economic warfare, including financial warfare, and the fracturing of the liberal global monetary order. #LSERenminbi Speaker: Dr Gregory T Chin Chair: Dr Gregory T Chin Full details/attend: 🤍 To turn on captions, go to the bottom-right of the video player and click the icon. Please note that this feature uses Automatic Speech Recognition (ASR) technology, or machine generated transcription, and is not 100% accurate.
The Financial Times reported just before the New Year that central banks were stockpiling gold at a rate not seen in 55 years. Analysts estimate that central banks purchased nearly 400 tonnes of gold in the third quarter of 2022. That much gold would require approximately 16 semi-trailer trucks to transport. In November, traders in the gold market noted that there was a huge buyer entering the market and purchasing very large volumes of gold — a so-called 'whale'. This whale was revealed to be the Chinese central bank in December. But it wasn't just the Chinese who were purchasing gold. Turkey, India, Uzbekistan, Egypt, Qatar, and Iraq are among the other buyers. Many of these countries have expressed an interest in joining the BRICS+ alliance. Why are central banks buying gold? The majority of commentators agree that it is due to geopolitical turmoil. Jonathan Guthrie at the FT, for example, argues that "gold is the currency of fear and mistrust," and that "the democratic west and the authoritarian east are pulling apart amid mutual recriminations". Guthrie is certainly correct that a geopolitical schism is occurring, but when did gold become the currency of distrust? Disclaimer: The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.
As a move to address the perceived U.S. hegemony of the IMF, Russia is ready to develop a new global reserve currency alongside China and other BRICS nations in a potential challenge to the dominance of the U.S. dollar. This chess move will allow BRICS to build their sphere of influence and unit of currency within that sphere. #BRICS #currency #USDdominance Dukascoin - Cryptocurrency by a Swiss Bank: 🤍 You can view this video and the full video archive on the Dukascopy TV page: 🤍 Смотрите Dukascopy TV на вашем языке: 🤍 用您的语言观看杜高斯贝电视: 🤍 Miren Dukascopy TV en su idioma: 🤍 Schauen Sie Dukascopy TV in Ihrer Sprache: 🤍 Regardez la Dukascopy TV dans votre langue: 🤍 Veja a TV Dukascopy na sua língua: 🤍
This is HORRIBLE News for the US dollar.. Add me on IG 🤍ThisisJohnWilliams My Prediction March 19th of 2020 - 🤍 Subscribe to my Second Channel: 🤍 ✅ Partner With John ✅ We Specialize in Credit Repair and Credit Rehabilitation, Assisting New YouTubers in Growing a Following and Real Estate Investing For Beginners.. 🤍 Schedule a One on One Call: 🤍 To Become a Paid Sponsor and Featured in a Future Video: 🤍 Let's Connect on: Rumble - 🤍 Instagram - 🤍 TikTok - 🤍 Twitter - 🤍 LinkedIn - 🤍 Clubhouse - 🤍johnwilliamsbiz Sources: 1) 🤍 The US dollar is in huge trouble. I believe that the end of the US dollar as the reserve currency will be inside of the next decade, most likely less. If we lose our reserve currency status and the yuan becomes the reserve currency we will witness the end of the dollar and most likely an epic recession, more like a depression with hyperinflation and increased costs of living followed by an economic collapse. We will witness third world countries and places like India flourish with their discounted labor costs and low life costs compared to the western countries. We are witnessing massive problems for the dollar, one of which is the overall debt load that we carry followed up with the lack of production and consumer based society that is heavily dependent on outside influences in order to survive. We get most of our food, product, electronics and more from China, India, Mexico, Ukraine and many other countries. This leaves us very vulnerable and leave the dollar in a very weak position. If we do in fact leave the reserve currency status what we in fact will have is very high interest rates and very high borrowing costs. We will see a major contraction in everything we know in America. In other words, the dollar is screwed and China is capitalizing on the chain of global events and this is along side many other countries such as India, Russia, Chile, Indonesia, Japan, Singapore, South Africa, Brazil and many others.
In this episode of On The Margin Mike is joined by Russell Clark. With a wealth of knowledge that spans over 20 years as both an Investment Analyst and CIO/CEO of Russell Clark Investment Management, Russell shares his outlook on Japan as a model for the U.S, China's rise post globalization, the connection between food & inflation, what is the end game for QE, Russell's outlook on Bitcoin and so much more. Here you can follow Russell's Substack for his latest thoughts: 🤍 Ledger: This episode is brought to you by Ledger, your secure gateway to buy, exchange and grow your crypto. Combine a Ledger hardware wallet with the Ledger Live app to access all your favorite crypto services & DApps from one place. All that with the best security. Visit 🤍 and make your crypto journey easier and safer. - If you like this episode be sure to subscribe to our newsletter at 🤍 On The Margin is brought to you by Blockworks, a financial media brand delivering breaking news and premium insights about digital assets to millions of investors. For more content like On the Margin, visit 🤍 Timestamps: 00:00・Introduction 00:43・Is Japan a model for the U.S 11:28・Could China become the next world reserve currency 19:28・The connection between food & inflation 29:05・Ledger Ad 30:31・Crackdowns in Chinese sectors 34:39・Wealth inequality & lack of wage growth 43:34・What is the end game for QE 50:45・U.S vs China tensions 53:51・Russell's outlook on Bitcoin
Nov. 30 The IMF will add the yuan to its basket of reserve currencies, an international stamp of approval of the progress China has made integrating into a global economic system dominated for decades by the U.S., Europe and Japan.
A huge subject with huge implications and few seem to be talking about it Tickets for show in London - How Heavy? - 🤍 Gold: 🤍 Substack: 🤍
China and the SDR China's strategic evolution to become of global financial powerhouse number one in 1994 they pegged their currency directly to the dollar so whatever the dollar did goes up goes down didn't matter Chinese Yuan was also going up or down right along with the dollar. What that actually did was transfer the manufacturing base from the u.s. to China with all that cheap labor because corporations could pretty much determine what their profits would be very strategic move very smart move on their part with all that new found wealth they have been accumulating gold like crazy because they're well aware of fiat currency of what that means and they want to be a global financial leader and frankly he or she who has the gold holds your purchasing power and therefore you hold power so very strategic move on China's part. ITM Trading's free webinar series archive 🤍 Here you can find past recordings of our webinar series. New videos are usually added within 48 hours of the original webinar date. To reserve a seat for our next live webinar: Call 1-888-own-gold or send us an email at services🤍itmtrading.com Shop for gold and silver online visit our ecommerce website 🤍 To learn more about the benefits of gold please call us at 1-888-own-gold and ask for a free gold kit. Or you can order your free gold information kit online by clicking this link 🤍
Analysts continue to speculate on the implications of an international reserve currency planned by Russia and China amid fears that the US might be facing a recession. The announcement of a reserve currency was made by Russian President Vladimir Putin during the BRICS Summit in June. Meanwhile, former US President Donald Trump warns of a depression if the US economy continues on the slow growth path. Associate professor of Africans Politics at Unisa, Professor Everisto Benyera, as well as Redge Nkosi, Executive Director Head of Research on Macroeconomics, Money, and Banking at Firstsource Money, join us for the following discussion For more news, visit sabcnews.com and also #SABCNews on all Social Media platforms.
Ray Dalio says that the Chinese Yuan could quickly overtake the US dollar as the world reserve currency. As times change, they are already unveiling a digital version of the Yuan... if we stay ignorant, we may wake up one day soon to a very different economic landscape than we see today. Check out this article - 🤍 Take our courses and see an instant improvement in your trading 🤍 Check out 🤍 for more info on our courses, real trader testimonials, and more. Stay Connected With Our Weekly Newsletter — 🤍 Connect With Austin: 🤍 🤍 🤍 Read About ASFX In The News: 🤍 🤍 🤍 🤍 🤍 🤍 🤍 🤍 - Disclaimer: · The Silver Investment Group LLC. (“Company”) is not an investment or advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities, equities, or currencies (“Markets”) customers should buy or sell for themselves. The analysts and employees or affiliates of the Company may hold positions in Markets discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading currencies and equities. You completely understand and acknowledge that the Company, the authors, the publisher, and affiliates of Company assume no responsibility or liability for your trading and investment results and make no warranties whatsoever, express or implied or for merchantability. Factual statements on the Company’s website, or in its blogs, videos, webinars, or posts (“Publications”) are made as of the date stated and are subject to change without any notice and are made without any warranties whatsoever. · It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system and are not indicative of future returns which be realized by you. In addition, the indicators, software programs, strategies, columns, articles, and all other features of the Company’s products (collective, the “Information”) are provided for educational and entertainment purposes only and should not be construed as investment advice. Examples presented on the Company’s website are for educational and entertainment purposes only. Such set-ups are not solicitations of any order to buy or sell at any time. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment. · Jurisdiction hereunder shall be in the State of Florida and any disputes shall be adjudicated in the courts thereof. #ASFX #DayTradingTips #ForexTrading
Alex discusses China's overzealous money printing with famed economist and currency geopolitics expert Jim Rickards. Rickards recounts vising "ghost cities" in China and breaks down why he doesn't see the Chinese Yuan (AKA the renminbi) ever becoming a reserve currency. See our full interview with Jim Rickards here: 🤍 Originally Aired: 01/15/20 #Forex #Currency #JimRickards — 📚 Grab a copy of the Amazon Best Seller Modern Monopolies: 🤍 ❓ Are you part of a large enterprise interested in spinning out a platform business? Connect with us here: 🤍 🎧 Listen to an audio version of the WTA Podcast here: 🤍 At Applico, we identify untapped, intrinsic assets that give existing enterprises an enormous advantage to spin-out new tech companies. WisdomTree licensed Applico's Platform Insights Data Product to aid in the creation of the PLAT ETF.
Kitco News is joined by bestselling author of Currency Wars Jim Rickards to talk about the current gold price, the continued strength of the U.S. dollar and the Chinese yuan trying to gain international reserve currency status. Rickards also comments on the ongoing debt issue in Greece and how he sees the situation unfolding. Watch now for some insights from one of the most respected names in the industry live from our studio on Wall Street. Kitco News, June 24, 2015. Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: 🤍kitco.com/newsletter Join the conversation 🤍 The Kitco Forums and be part of the premier online community for precious metals investors: 🤍 Or join the conversation on social media: 🤍KitcoNewsNOW on Twitter: 🤍 - Kitco News on Facebook: 🤍 - Kitco News on Google+: 🤍 - Kitco News on StockTwits: 🤍
"The renminbi is the ascendent currency, the dollar is in decline," proclaims Mark Yusko, Morgan Creek Capital Management founder and CEO. The dollar has been the world's reserve currency for over 70 years, "but that's rapidly coming to an end," he tells our Daniela Cambone in part one of this interview. "We're in a recession right now," and the Fed has not acknowledged that, Yusko continues. "[The Fed] will start cutting rates in the fall," he predicts. Yusko concludes that China is the emerging contender to be the world's next global superpower, "and the next war will be fought with chips, not ships." #federalreserve #ratehike #recession ⭐️ Join Daniela Cambone's exclusive community ➡️ 🤍 ➡️ Follow us on Facebook: 🤍 ➡️ Follow us on Twitter: 🤍 ➡️ Follow us on Instagram: 🤍 ➡️ Follow us on LinkedIn: 🤍 Chapters: 00:00 Inflation in the 70s 7:05 Where will the inflation go from here? 11:00 Inflation is a hoax 18:10 How much of this inflation is real? 21:22 The dollar is not strong 25:31 Chinese yuan on its way to becoming the global reserve currency 28:54 Will U.S. dollar continue to be the world’s reserve currency? 34:53 Can the U.S. still be the global superpower with the dollar losing its reserve currency status?
Could China's Currency be the New World Reserve? Are we inching closer to the end of the dollar's reign as global reserve currency? In the near future, can we expect to see another country and currency stronger than the American? All signs point towards it. Don’t think so? Watch this video to see for yourself! In today's video we look at Could China's Currency be the New World Reserve?...Keep watching to see world reserve currency,reserve currency,could china's currency,new world reserve currency,currency,world news,new world currency,global reserve currency,china reserve currency,xrp new world reserve currency,world reserve currency history,world reserve currency explained,new reserve currency,chinese currency,yuan reserve currency,dollar reserve currency,us dollar reserve currency,china currency,strongest money in the world,what is reserve currency Subscribe for China, international economic news, and economic issues. Inspired by Business Basics, Economics Explained, and ColdFusion. Inspired by Could China's Currency Be The New World Reserve? | Economics Explained Inspired by Ray Dalio: Yuan Will be a Reserve Currency Faster Than Expected Inspired by Could China’s Yuan Be the World’s Future Reserve Currency? Inspired by China and Russia are Making a New Global Reserve Currency Inspired by A New World Reserve Currency | MAJOR CHANGES EXPLAINED Click here to subscribe: 🤍 Click here to subscribe: 🤍
Russia is ready to develop a new global reserve currency alongside China and other BRICS nations, in a potential challenge to the dominance of the US dollar. "The matter of creating the international reserve currency based on the basket of currencies of our countries is under review," Putin told the BRICS Business Forum on Wednesday, according to a TASS report. "We are ready to openly work with all fair partners." Source: Business Insider 🤍 _ 🍁 HERE’S HOW WE CAN HELP YOU 🍁 Book your FREE Home Selling Consultation: 🤍 Get your FREE Report on how to sell your home for more money: 🤍 Don't Pay Me a Dollar to Sell Your Home: 🤍 Get an online home insurance quote in under 5 minutes: 🤍 Get your FREE $65 OFF Junk Removal to prepare your home for sale: 🤍 _ 🍁 GET RELIABLE REAL ESTATE INVESTING ADVICE 🍁 Subscribe to my YouTube Channel: 🤍 Subscribe to my Podcast "The Science of Real Estate" on Apple Podcasts: 🤍 Be the first to know when a new episode is LIVE, subscribe to the The Science of Real Estate Podcast newsletter: 🤍 Receive regular trustworthy Real Estate Advice via our monthly newsletter: 🤍 _ 🍁 RUFF TEAM REALTY ON SOCIAL MEDIA 🍁 Tiktok - 🤍 Instagram - 🤍 Facebook - 🤍 CONTACT ME Email: contact🤍ruffteamrealty.com Direct: 647-210-0409 _ 🍁 ABOUT DAVID 🍁 David Ruff is a Real Estate Broker, a Licensed REALTOR® and the head of Ruff Team Realty, a full-service, results-based real estate team operating out of RE/MAX Urban Toronto. His team works where their clients need, specializing everywhere in the Greater Toronto Area—from Oshawa, to Hamilton up to Barrie. He is the host of The Science of Real Estate Podcast, a platform with a sole mission of helping people build generational wealth using the power of smart money mechanics with the cornerstone always being real estate. _ DISCLAIMER: Some of the links and other products that appear on this video are from companies which David Ruff will earn an affiliate commission or referral bonus at no additional cost to you. This is not investment advice; it is an opinion for information purposes only and is accurate as of the posting date. _ #DavidRuff #RuffTeamRealty #SellHigher _ #Shorts
Chinese Yuan To Be A Global Reserve Currency? | Jim Rickards In this video, economist & investment banker Jim Rickards explains A BIG prediction about the economy and wether Chinese Yuan is going To Be A Global Reserve Currency? #JimRickards #Currency #GlobalReserveCurrency #Yuan #YuanPrediction #FinancialEducation Try Audible FOR FREE with THIS LINK and Get Up to Two Free Audiobooks ➡️ 🤍 Here's our top picks:1. The Real Book of Real Estate: Real Experts. Real Stories. Real Life🤍 2. FAKE: Fake Money, Fake Teachers, Fake Assets: How Lies Are Making the Poor and Middle Class Poorer🤍 3.The New Great Depression: Winners and Losers in a Post-Pandemic World🤍 🛎️ For more inspiring and motivation videos please SUBSCRIBE to our channel: 🤍 And press the bell icon to get a notification, when our new video will be published. 🔈 SPEAKER : Jim Rickards *CREDIT You can find more about Jim Rickard’s work here: 🤍 ►Inspired By: 👉Jim Rickards: New Great Depression Coming!! (How To Prepare) 🤍 👉"A MASSIVE Buying Opportunity Is Soon Coming!" | Robert Kiyosaki & Ray Dalio 🤍 - 👉Winners and Losers in the Post-Pandemic World - Robert Kiyosaki and Jim Rickards 🤍 👉Real Conversations: The New Great Depression w/ Jim Rickards 🤍 👉Jim Rickards: Brace for a Great Escape from the Dollar and a Flood of Money into Gold and Bitcoin 🤍 - 👉Jim Rickards: Economic Doomsday Has Begun | $15,000 Gold Is Coming... 🤍 - 👉Jim Rickards: Biden Will Face New Depression 🤍 👉 "Own Theses Assets & Never Work Again" | Robert Kiyosaki 🤍 👉James Rickards - $15,000 Gold & $100 Silver 🤍 - 👉Robert Kiyosaki On Bitcoin, Gold And Silver 🤍 - 👉The Road to $10,000 Gold, When and How? | Nick Barisheff 🤍 - 👉James Rickards - $15,000 Gold & $100 Silver 🤍 - 👉Fan of RobertKiyosaki ? Check out also our playlist for more inspirational videos: 🤍 More Here - 👉"DO THIS TO BUY REAL ESTATE WITH NO MONEY DOWN" | Robert Kiyosaki ft.Ken McElroy 🤍 - 👉 Only a few people know about this.. | Robert Kiyosaki 🤍 👉 If You Knew This You Wouldn't be Poor | Robert Kiyosaki 🤍 - 👉"Own Theses Assets & Never Work Again" | Robert Kiyosaki 🤍 - ►For videos on Jim Rickards, Financial Advice, Investing Ideas, bitcoin & crypto news, Meditation, financial advice, investing tips, economic updates and other motivational videos and motivational speeches, please subscribe to our channel here: 🤍 🎥Video footage: all video footage used is either licensed through either CC-BY or from Videoblocks. 🎶Music: Free Audio Library- No Copyright Music Meditation music for positive energy no copyright music 👉FAIR-USE COPYRIGHT DISCLAIMER Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favour of fair use. -This video has no negative impact on the original works (It would actually be positive for them) -This video is also for teaching purposes. -It is not transformative in nature. -We've only used bits and pieces of videos to get the point across where necessary. We make these videos with the intention of educating others in a motivational/inspirational form. We do not own the clips and music we use in most cases. Our understanding is that it is in correlation to Fair Right Use, however given that it is open to interpretation, if any owners of the content clips would like us to remove the video, we have no problem with that and will do so as fast as possible.
DOWNLOAD KUKUFM: 🤍 Coupon code - THINK50 (Coupon valid for first 250 users) If you love the way we tell stories and want to learn to present Ideas in the most powerful manner, Join our COMMUNICATION MASTERCLASS using this link 🤍 VIDEO INTRODUCTION: The US Dollar has been the most powerful currency in the world for 80 Long years and like we saw in the previous episode, this reserve currency status gives the United states such unprecedented power over the world economy that it can cripple the economy of any country within a fortnight! and because of this power, it has even dominated giant players like Russia and China!! but you know what?? this is where China and Russia have come up with a master plan to kill the dollar dominance in the world!! and if you look at the past 10 years' data, you will see that it's actually working out!! In 1999, USD had a 71% market share among the global reserve currencies but in the past 10 years, it has dropped to less than 59% and in the next 10 years, if this strategy of China and Russia works, we are seeing the rise of a new reserve currency So the question is, What is the master plan of China and Russia to kill the dollar dominance in the world? How do they plan to dethrone the US from the superpower status of the world? and lastly, what are the study materials to help you understand this rise of the new reserve currency of the world? Think School is a Digital School that we all deserved, but never had ►►Check out Think School's Online courses: 🤍 ►Books Everyone should read: 1. Sapiens: 🤍 2.Jab Jab Jab Right Hook: 🤍 3.Presuasion: 🤍 4.Start with why: 🤍 5. Culture code: 🤍 6. Hooked: 🤍 7. I will teach you to be rich: 🤍 8. From Third world to First: 🤍 9. This is Marketing: 🤍 🎧 Want to buy the equipment we use? 1. Our Laptop: 🤍 2. Our Mic: 🤍 3. Camera Stand: 🤍 4. Mobile holder for stand: 🤍 5. Laptop: 🤍 ► Invest in the Stock Market : 🤍 ✅Study Materials: 🤍 ✅To support our work you can donate here: 🤍 #china #russiachina #yuan #reservecurrency #thinkschool #businesscasestudy
Peter Schiff warns about the U.S. dollar collapse and what it means for the economy. Peter D. Schiff is an economist, stock broker, financial specialist, host of the Peter Schiff Show Podcast, and author. He is the CEO and chief global strategist of Euro Pacific Capital Inc. Mr. Schiff has also written a number of books on investing over the years. He educates people all over the world about free market economics and the principles and benefits of individual liberty, limited government and sound money. Share this video with a friend if you find it useful! Consider subscribing to the channel for videos about investing, business, stock market, managing money, building wealth, passive income, and other finance-related content! ► Special thanks to Peter Schiff! 🤍 🎥 We own commercial licenses for all the content used in this video except parts about the topic that have been used under fair use and it was fully edited by us. For any concerns, business inquiries, etc. please contact us via email in the “About” section of the channel. "China & Russia Are SELLING OFF This Asset To Collapse The US Economy" - Peter Schiff
To hold back #US dollar dominance, many countries now see Chinese currency yuan as a way to diversify their currency reserve portfolio, said Qu Qiang, assistant director and fellow at the International Monetary Institute of the Renmin University of China. #SustainingTheGrowth #Stability_Powers_Growth
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: 🤍 You can visit our websites for more information about us: 🤍 & 🤍 What is the future of Global Reserve Currency? At the moment, global reserve currency is USD - the American dollar. However, the current events in the world may threaten the throne of the USD as a global reserve currency. Could Chinese Renminbi be the next Global Reserve Currency? Why? Why not? Who are we and what do we do? We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc. We have lots of interesting articles on different topics, we have relevant information up to date. Author: Michael Rosmer Feel free to join our community! Don’t forget to subscribe to our channel 🤍
🔴Watch FREE videos just by signing up with your email at Epoch TV👉 🤍 Clyde Prestowitz says the Chinese yuan will never become a reserve currency because a fundamental property of main reserve currencies is that the money is able to be moved around—something the Chinese Communist Party can never allow. They also discuss the warning by George Soros against Chinese investment following BlackRock's push for further investment in the Communist-controlled country. #China #ClydePrestowitz #ChineseCommunistParty - - - 👉Watch EXCLUSIVE episodes only on Epoch TV: 🤍epochtv.com 🔵 Sign up for our newsletter👉 🤍 so you don't miss out on our exclusive videos and private events. 💎Donate to support our work: 🤍 💎Subscribe to The Epoch Times: 🤍 Find out where you can watch us on cable TV: 🤍 Follow Jan on Twitter: 🤍 Facebook: 🤍 Parler: 🤍 Rumble: 🤍 Telegram: 🤍 Twitter: 🤍 Gettr: 🤍 - - - [EXCLUSIVE DOCUMENTARY] DeSantis: Florida vs. Lockdowns—Now available for FREE on EpochTV! 🤍 - - - LATEST EXCLUSIVE EPISODES: Greg Ellis: Inside the Billion-Dollar Industry Pushing Family Breakdown 🤍 How Communist China Weaponizes Healthcare & Medicine Against Foreign Adversaries—Cleo Paskal 🤍 Roger Garside: A Coming Coup Will End China’s Communist Dictatorship 🤍 Brandon Tatum: The Illusion of Widespread Police Brutality 🤍 Sen. Tommy Tuberville: Federal Pension Funds Should Be Banned from Investing in China 🤍 Sam Cooper: Inside the Chinese Communist Party’s Hidden Ties to Canada’s Criminal Underworld 🤍 Dr. Nicole Saphier on Gain of Function Research at the Wuhan Lab, Fauci Emails, and the Politicization of COVID 🤍 Inez Stepman: How Cancel Culture Conditions Society to Accept the Absurd 🤍 Kyle Bass: Communist China Controls 200 Sq Miles in Texas Next to Major Air Force Base 🤍 Sen. Ron Johnson: The 180-Degree Turn on the COVID Lab Leak Theory 🤍 Michael Doran on the Hamas-Israeli Conflict and Communist China’s Ambitions in the Middle East 🤍 Lara Logan: Propagandists & ‘Political Assassins’ Have Infected the Media 🤍 - - - OUR PLAYLISTS: The Communist China Threat: 🤍 Culture Wars: 🤍 Traditional Values: 🤍 Crossfire Hurricane / FISA Abuse: 🤍 CCP Virus: 🤍 Media: 🤍 Economy: 🤍 Education: 🤍 - - - Clyde Prestowitz: How Communist China Entrapped America’s Elite, from Washington to Wall Street Credits: shutterstock Images: 🤍 Music: Audioblocks.com, epidemicsound.com Stock Video: Videoblocks.com - © All Rights Reserved.
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