Since buyers and sellers of large quantities of oil will need to hoard US dollars, this gives the US economy tremendous buying power over the rest of the world. Will China overthrow the US reserve currency, and replace it with a Chinese yuan? Everything in this video is my opinion and I may be completely wrong. Do not make investments based on anything I said.
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Currency Wars and the Survival of the West (narrated) [JT #36]
Jul 25, 2020
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