How the World Reserve Currency Works

A World Without Men: amzn.to/4aRoTX8
Bachelor Pad Economics: www.amazon.com/gp/product/1494...

[@sparklessconnectionselectrical]

Just remember that in a not so distant past the British Pound was the reserve currency

[@sebas8225]

And they weaseled out to amuhrica the moment it went down. America should learn from it, it'll weasel out to china and russia eventually

[@johngalt6838]

we are Rome and Britain.....in an accelerated growth and decline.

[@jonathanjohnson9611]

And many Britons laughed at the idea of their empire collapsing……lo and behold.

[@DBSSTEELER]

Sorry Cappy, but the dumping down of America means most. Normies can’t understand simple concepts like this.

[@SchemingGoldberg]

Don't worry about the normies, they're not going to survive after the collapse. Find like-minded intelligent men and survive.

[@deker0954]

​@@SchemingGoldbergha

[@militantpacifist4087]

It will be the early 1900’s all over again and we’re going to be in another Great Depression, but worse.

[@oftengone]

Are we not already in a silent depression?

[@deker0954]

Bullshit, there will never be a replacement currency. A bunch of crap hole countries will not join as one big crap hole. BRICS was a mutual fund scam. Fidelity Emerging Crap Holes. Texas has double the economy of Russia. Germany has 75 percent of half the economic output of Russia. The upstarts can't get their shit together and never have. Been around a long time and still can't cut it.

[@militantpacifist4087]

@@oftengone”Silent” is the key word.

[@davescott9062]

Back in the great depression people weren't on anti depressants, imagine when Karen can't get her zoloft, can't feed her kids, people in the 30's were ladies and gentlemen.

[@onetime3137]

Are u an economist ? How can you possibly predict this ? It's not that easy my man.

[@nemostrangesonginthedirt8448]

It seems to be within this decade for sure

[@the_expidition427]

I love your profile picture

[@nemostrangesonginthedirt8448]

@@the_expidition427 thanks I found it on the internet

[@nemostrangesonginthedirt8448]

@@the_expidition427 aragato friend

[@Lenny2012S]

Other currencies (Euro, Yen, Yuan) are even worse. And they bacame weaker toward Dollar over last 2 years

[@sebas8225]

Nonsense the dollar is way more hiperinflated

[@Lenny2012S]

@sebas8225 dollar is rising as international payment instrument. Apparently, governments and large corporations prefer dollar

[@kerebosaz]

"the final, rickety jenga piece"

[@elliot6467]

Sterling is still stronger than the dollar and the US debt is immeasurable

[@mojoknows66]

Seems we really never obtained true indepence from the crown or Vatican or now a central bank that we pay interest to for creation of our currency supply...

[@oroville12345]

There are no reserves it's just numbers on a screen backed by nothing.

[@oroville12345]

@@Heraclitus___ don't worry brother some people understand it.... It's just very few... You are just One of the Smart ones who do.

[@deker0954]

What was gold backed by?

[@Heraclitus___]

@@deker0954 Are you truly asking or making a point? I can answer but it is self evident & a basic Google search could answer that.

[@deker0954]

​​​​​@@Heraclitus___gold was backed by an agreement between buyer and seller. Nothing more. So is the Dollar. So is all currency. Gold is a consumer item now. It's pretty and if there is a scratch on it the agreed value decreases. Ask the whiney stackers.

[@SesterSinmon]

@@deker0954 Physical stuff don't need to be backed by anything cause it's there and we can see it and what's really worth!

[@MrBCWalker01]

It's Modern Monetary Theory, but with one caveat: each and every unit of currency is _loaned_ into existence, not spent, by the Central Bank to the State- thus interest is automatically attached, and which can only be paid via taxation _rendered in that currency._ That's it. That's the system. Pull currency out of a banker's ass, loan it to the government _at interest_, and make that government repay it via taxation- but only accept the currency issued as payment. You could not invent a bigger scam, and yet (for the most part) there is nowhere in the world that does not run this way at some level. Oh, and LOL at the Global American Empire dying anytime soon. _Every single possible threat IS ALREADY COLLAPSING FASTER THAN THE US._ Economics does not work the way economists think it does, unless they are familiar with Political Economy and thus how it is a weapon of war- not lubrication for social interactions.

[@michaelellis2135]

Global economic collapse IS the plan. Every economy is shit without the dollar. Hegalian(sic) dialectic. The SAFETY NET is already in place to CATCH us all.

[@the_expidition427]

Saving this

[@mojoknows66]

And they made sure to eliminate any education of said banking wealth transfering system, ie interest on LOANED currency, to the populous. For all the world to see in their charter. Section 7. (a) 1. A. I. II www.federalreserve.gov/aboutthefed/section7.htm

[@jonathanjohnson9611]

China and Russia would like a word with you. They’re playing the long game. And I’m sure the British laughed at the thought of their empire collapsing back in the turn of the 20th century……yet here we are.

[@BlakesPipes]

10 trillion dollars on college education!? ...... what the! Thank your God, my art degree was 2400 dollars back in the early 90s. My Associates degree for becoming a PTA was 48 thousand in early 2010s. Both were paid off quickly. But then I lifted a fat ass and destroyed my back. Now I am fighting for 15 dollars an hour. Lesson for everyone, if you see something big fall, let it fall. 😊

[@moegreene3630]

Why does Aaron sound like an AI when he’s reading? He keeps the same cadence the entire video. Literally through out the whole video. It’s impressive

[@xrunner55]

That is RP Thor. For the non- "World without men." it is an AI.

[@chm9935]

Empires come and go. USD already on the way out

[@censoredeveryday3320]

The US Dollar won't be the reserve currency much longer.

[@why-kg6kx]

Cappy : hey. Enjoy the decline

[@Billy97ify]

The seizure of foreign nation's dollar reserves has impaired that reserve status. How this will play out is unknown, sorta.

[@veeli1106]

First!

[@Captain_Jack711]

Things will get bad unless Elon is able to create a robotic work force.

[@johngalt6838]

Especially then it will get bad. Humans with no purpose will be chaos.

[@unkono]

Accelerate

[@MasterOssy]

Meaning, HYPERINFLATION IS COMING!!!!!!

[@jeffhuntley2921]

See petro dollar

[@johnwilkes01]

If you know how currency works then you would be getting at least half already. That's my best Joker line. class of 72

[@MartymcFly-zz2pg]

Its a tradeoff.

[@Ljungdurst]

Welcome to the Bitcoin Standard world.

[@billyjoejimbob6958]

What backs up bitcoin?

[@patrickgrengs7594]

Blow Job Economics: When The SHTF, you will be pay9ng the prince opf a hams snsadwich for a blovw job. nice Go. ERN-JOYH ThE DeCLINE bros.