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

Nearly 90% of international transactions in 2019 were in U.S. dollars, giving the U.S. extraordinary power over nearly every entity that imports or exports anything anywhere. Here’s how the global economy runs on the U.S. dollar -- and why some countries are trying to chip away at its dominance.
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[@wsj]

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.]

Like we care 🤡

[@AnimalAlmighty]

its all good in the hood bruh

[@mattdemo6387]

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...

[@McElvinn]

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?

[@corrySledd]

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.

[@sheltonPston]

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.

[@AUstinnesc]

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?

[@sheltonPston]

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.

[@chrissmurrayy]

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.

[@tobyli52]

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

[@user-qp4eq1oj5r]

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.

[@user-qp4eq1oj5r]

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]

@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]

@@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]

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

[@ntwaliarnauld8190]

Most informative video under 5 minutes I have ever seen.

[@art_means_artificial]

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

[@siyandamadlala1429]

its direct

[@Taylordessalines]

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]

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

[@eaz3880]

@@davidhynes lol brainwashed

[@Eric345]

Cartels use the dollar too.

[@QuizmasterLaw]

Yep! And then we put them in jail.

[@naik216]

😂😂😂😂

[@NOU-iw3gb]

Like opec?

[@art_means_artificial]

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

[@zuboy4272]

ISIS DID TOO !

[@tantiwahopak101]

No wonder they keep on bullying nations 😂

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@StBatu]

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

[@tantiwahopak101]

@@StBatu www= British

[@StBatu]

@@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]

@@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.

[@ExcelonTheFourthAvalonHeirs]

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

[@josephlas-igan460]

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

[@potatomatop9326]

My net worth is 1 us dollar

[@Saurabh____]

In my country 70 = 1 US $

[@abhishekmalviya1391]

@@Saurabh____ India?

[@doctorpanigrahi9975]

@@abhishekmalviya1391 Russia too :D

[@abhishekmalviya1391]

@@doctorpanigrahi9975 Yeah russian ruble values almost equivalent to indian rupee nowadays

[@Andromediens]

Then you'd be called a middle class in America.

[@RobertJewkes]

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

[@Luke-zk3rf]

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.

[@Riggsnic_co]

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

[@martingiavarini]

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]

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.

[@bob.weaver72]

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.

[@martingiavarini]

I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

[@bob.weaver72]

My advisor is "Catherine Morrison Evans". In terms of portfolio diversity, she's a genius. You can look her name up on the internet and verify her yourself. she has years of financial market experience plus she is also FINRA & SEC verifiable.

[@DrAlfredNUmar]

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

[@perkinskurt6147]

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[@michael1996731]

About time people started realising

[@ChrisGilliamOffGrid]

Realizing what?

[@SHINOBI-ALX]

I’m looking forward to see this video updated

[@aylyi-huh9355]

correct pronunciation of iran and Iraq = so refreshing

[@ShaunMbhiza]

Eye-raq

[@5000yes1]

@Tax Payer How do you say it?

[@anooppillai4683]

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

[@nutsackmania]

an i-ran, i-ran so far awaaaayyy

[@wiebeplatt4749]

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

[@Robertgriffinne]

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

[@Natalieneptune469]

@@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]

@@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]

@@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]

@@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

[@daveroberts9682]

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

[@sergeystepanov9987]

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

[@gavinperry8433]

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

[@jsholding2701]

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

[@raifikarj6698]

Is there some answer for your Exam tho ?

[@globallytalking]

I could watch these type of videos my whole day

[@tyler0506]

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]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@dabay200]

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

[@MrZxcvbnm22]

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]

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

[@nutsackmania]

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

[@ebbeb9827]

Hopefully in Europe we can improve the use of the Euro

[@x3boodxx]

Ebbe B using the gold currency again would solve many problems

[@cammy2036]

£ £ £

[@Stoneface_]

Marvin Ha the pound sterling

[@artificial_S]

$ > €

[@HeyKevinYT]

Now it’s 1-1 with $

[@adamn7496]

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]

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

[@_-_-_-TRESPASSER]

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 🤷‍♂️

[@haadbajwa7565]

Nice Documentey on $ clear and explanatory..

[@Spaghettineck]

Wow short videos like this can teach you so much.

[@brianronald4543]

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.

[@godinezfer1906]

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

[@aro3636]

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

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@Dwg256]

08.10. 2021

[@tazmoir]

insightful video.

[@Mohan-jd8fc]

US has a Blackmailing nature.

[@QuizmasterLaw]

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]

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

[@QuizmasterLaw]

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

[@QuizmasterLaw]

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

[@nutsackmania]

yeah dude we blackmailed western europe so hard from the nazis

[@laopang91362]

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

[@therealcool1144]

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.

[@ravindertalwar553]

Wonderful presentation and Great excitement

[@SK-le1gm]

This was well explained. Thanks wsj.

[@mariaani3416]

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]

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

[@YoungxAlpha]

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]

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

[@kabelomaragelo2745]

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

[@michaelcharlotte4334]

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

[@ayman4540]

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

[@OwnFall420]

@@ayman4540Yup! USA BABY 🇺🇸😊

[@whitneygraves6919]

I also saw recommendation about him on Twitter few days ago

[@josephsuazo5210]

Well said!

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@ilyaweissman3135]

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

[@nutsackmania]

get on that omnibus baby!

[@mayanksharma9936]

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]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@realone2228]

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

[@26herbs47]

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.

[@Whyinem]

Great explanation

[@mariaani3416]

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•

[@masonnoah8306]

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

[@wellsdells8946]

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]

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

[@michelledaniel400]

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]

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

[@wellsdells8946]

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

[@zertxer_zertxer]

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

[@QuizmasterLaw]

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]

@Jake White Great counter point.

[@joshuahibbs4639]

@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]

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

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@titanproductions3628]

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 kzbin.info/www/bejne/sHjCeJt5ZrOlh9E for more info.

[@Spaghetter813]

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

[@titanproductions3628]

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]

@@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]

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]

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

[@theriskexperiencepodcast5047]

awesome

[@gayatrikheralia2580]

Thanks

[@varunnambiar1921]

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]

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 🤷‍♂️

[@bawonos024]

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]

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

[@riddhimaansenapati5006]

You mean debt traps right?

[@bawonos024]

@@riddhimaansenapati5006 yeah exactly I mean debt trap

[@nusaibahibraheem8183]

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]

no not at all.Those are not related.

[@chansaicommerce1721]

AWESOME

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@luketarus2769]

Educative

[@AGamerPS3]

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]

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_]

Congrats, you understand the world economy

[@_-_-_-TRESPASSER]

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 🤷‍♂️

[@AR-Exp]

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]

well not anymore 🤣

[@AR-Exp]

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

[@Arizona_Ranger]

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

[@vincentxue2567]

Thx

[@negativegains4883]

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

[@robertgeorge238]

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

[@stevesheldrack3739]

You are right Sir

[@stevesheldrack3739]

Most people don't invest due to ignorance

[@supportbillionairetrademar3907]

Speaking of Investing, forex trading is the best business in the world right now I know a couple of friends that make a lot money weekly trading with the financial markets

[@supportbillionairetrademar3907]

People are scared of Investing because of high rate scammers on the market

[@supportbillionairetrademar3907]

But of a truth there are scammers but real brokers are out there too waiting for investors

[@sciencevids1101]

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

[@AchwaqKhalid]

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

[@lu881]

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.

[@ArmandoBellagio]

I didn't know the $ was still that strong nowadays.

[@gabrielanthony1325]

Other Countries: We have money US: I am inevitable

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@lsd310]

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]

@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]

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

[@Andromediens]

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

[@jacob9673]

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

[@joshuahibbs4639]

@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.

[@josediego2109]

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]

You need a professional Brooker to trade for you

[@xavierreginald9536]

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

[@marcoantonioperalta7571]

@@xavierreginald9536 that's the simple fact

[@josediego2109]

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

[@walkerfred9763]

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

[@bobbrown8661]

After the sanctions, Russia wants to trade in Potatoes in-place of US Dollars.

[@cristobal8367]

END THE FED

[@johnjudith6236]

INVESTING With Expert Mr Jackson Williams trade service is the best way.

[@MairaJNape]

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

[@inesjoao1001]

Thanks for introducing me to Mr Jackson Williams

[@veratiago3199]

O' Yes I'm a living testimony of Mr Jackson Williams.

[@sundayjoshua9216]

mr Jackson Williams is obviously the best,

[@marcscudamore6546]

how do I reach him?

[@hassanalhakeem5664]

BITCOIN

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@colbyrobinson7828]

That's True 👍👍

[@mariaani3416]

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•

[@akshayr6067]

Informative and easily understandable video. But India's map representation is incorrect!!!

[@jimliu2560]

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]

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]

Did to india

[@turbulentmk]

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]

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

[@_-_-_-TRESPASSER]

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 🤷‍♂️

[@susannahepstein8883]

Always good to hear your thoughtful and logical analysis. Do yourself and family a favor and stop stressing the day to day headlines, trade a small percentage of your portfolio rather than going in and out every week trying to time the market trading went smooth for me, thanks to Patricia Reo for her amazing skills for helping me to earn 9 Btc from 2 Btc in weeks through trading chart.

[@charlescottrell6640]

Im a novice that made 4.5 btc in my first attempt to trade all thanks to her, she’s everything y'all need right now.

[@badgerbeall6260]

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]

Pls, how do i get Patricia ?

[@user-fu2cq4tw9k]

....

[@susannahepstein8883]

That's her handle up there☝

[@delxjj]

88% that's crazy!

[@eufefo]

oh bancor! how is it possible to miss something that never existed?!

[@saratc985]

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

[@sukocoadjikawedhar9595]

The percentage confuse me

[@5000yes1]

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

[@Sai-ns9ky]

Bring the gold standard back!!

[@curtiscarpenter9881]

The power of the purse.

[@butterchuggins5409]

US war machine also explained

[@mythbusterUSA]

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

[@michaelcharlotte4334]

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

[@GoogleAccount-ko7mw]

Hi could anyone recommend me some good introductory books/papers on how global trade works

[@DarkMerchant2222]

The Dolla!

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@teomartini1105]

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

[@MelvinJ64]

Power of The Dollar - By 50 Cent

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@kerron_]

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]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@firefox7801]

1944 1971 Most important years in modern financial history

[@unknownxxx88719]

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

[@alvirarahman2690]

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

[@alvirarahman2690]

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.

[@theodorintfp3318]

In Europe, every price is in euros and even in the countries who doesn’t use the euro,”the international trade” is in euro and their currency is always compared to the euro

[@Mira_linn]

I'm sure that's the point of the euro to get independence from the US for transactions between european counties however trades outside europe are increasingly using euro or Chinese yuan

[@26herbs47]

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

[@auro1986]

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

[@kongwee1978]

physically yes.

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@Blacktolite]

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

[@MrMountain707]

Yuan will win

[@arthurgeorge5474]

You could focus sooo much on improving your countries infrastructure, only to have it get knocked back down,due to the lack of military spending, and readiness. OR You could prepare, and spend more on the military, to keep you and your country, out of future conflicts.

[@kititanu8768]

なるほど

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@paroitymata5213]

Investing in crypto now is very cool especially with the current rise in the market now

[@markangel8353]

Thanks for introducing me to Mrs Allen Lisa

[@enkhbatnaya6801]

People are scared of investing because of the high rate of scam in the business

[@enkhbatnaya6801]

Making them to remain poor out Of ignorance

[@richardgrunner1180]

There are scammers but there are real brokers waiting for investors out there

[@richardgrunner1180]

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

[@tucuruicomercioerepresenta2308]

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

[@keshavaaumritum1]

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]

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]

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

[@tucuruicomercioerepresenta2308]

@@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]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@theresidetective1646]

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.

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@mimiseeyou]

If you learned something from this video, check out Mike Maloney Hidden Secrets of Money free series. Episode 4 explains how this all works INSIDE the US, and how your savings are at risk. FDIC insurance has about 26 million on hand for payouts compared to trillions in bank savings and checking accounts. Hope this starts many journeys to the exploring how financial systems work, how we got here, and where we are heading.

[@BitcoinmeetupsOrg123]

This system will not last forever.

[@perkinskurt6147]

#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 #WHATSAPP USERS GROUP LINK-chat.whatsapp.com/GYFlufGFhxrJ9QpI9owJwI #JOIN & ENJOY YOUR TRADING...☺

[@StBatu]

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]

@@StBatu Nah, it's over.

[@StBatu]

@@BitcoinmeetupsOrg123 dream on.

[@BitcoinmeetupsOrg123]

@@StBatu Peganeru apukuruevagera

[@markedwards9247]

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

[@Tee-rq4zn]

2023 the pendulum is swinging, it's gonna be irreversible. The hegemony is ending as it should as it's based on unfairness

[@AbuSous2000PR]

good video..however that shouldn't have been the question. it should have been: -why the world's trade..became this dependent on the US dollar? -how it became the lubricant for world's trade? a hint..lookup bretton woods agreement and how Nixon coerced Kingdom of Saudi Arabia to use on the dollar..as the currency for selling its oil

[@oualidyahia2387]

What happens when the usd depreciate? Does that mean it would have an effect on the prices of goods and services?

[@yellowusbrickus4821]

When the USD depreciates, it does so against other international currencies that are not pegged to the USD. The countries that now have a relatively stronger dollar can now buy more US goods than they could before with the same amount of their currency. This will mean that US exports will be in higher demand, increasing the price of them. This should not directly affect the price of goods and services unless you're competing with foreign consumers or if they are buying inputs to other goods you purchase such as gas. Demand for foreign goods however will decrease as the relative price has increased which could see an increase in the demand for locally produced goods. This will increase the price of domestic goods and services.

[@_-_-_-TRESPASSER]

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 🤷‍♂️