What Will Be the New World Reserve Currency 2023

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Bridger Pennington

Bridger Pennington

9 ай бұрын

What will win as the the new world reserve currency - BRICS or the U.S. Dollar?
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Bridger Pennington is the founder of 2 investment funds that have done over 217 deals in the last 4 years. Additionally, he currently manages an 8 figure hedge fund Ugly Unicorn and is a strategic advisor to 8 portfolio funds.
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Пікірлер: 18
@proactiveinvestorandlife316
@proactiveinvestorandlife316 9 ай бұрын
loved it buddy....!! although a thought of war was scary tbh....
@MATRIX-bw9bv
@MATRIX-bw9bv 9 ай бұрын
Great Perspective here!
@notmyhandle1223
@notmyhandle1223 9 ай бұрын
I agree that there's not a better alternative to the USD at this point and BRICS doesn't seem as a viable alternative BUT at this pace I do think the world will move on from the USD because the current politics of US is over extended. Also, US has attacked, be it directly on indirectly the EURO via the Nordstream pipeline. Right now they are silent about it but as soon as the Eastern part of Europe is calmer I do think EU will have a shift in its politics towards the US
@AlvinFlang69420
@AlvinFlang69420 9 ай бұрын
Saudi Arabia depends on the G7 a lot, they are not going to betray the US. As far as those other countries the fact that they are asking Argentina of all places to join should tell you everything.
@JXMMIEZERO
@JXMMIEZERO 9 ай бұрын
Very informative.
@kevinfoley2114
@kevinfoley2114 8 ай бұрын
Could a nation not repay in gold for example?
@alexdbarton3908
@alexdbarton3908 9 ай бұрын
hey quick question: with this fiat currency system is there any possible way to fix the inflation issue with everything going up so that that “poor minded” thinkers can afford housing and food again, or the ones at the bottom just continue to suffer until they begin to read?
@Blashmack
@Blashmack 9 ай бұрын
no because there are no simple fixes and this is likely complete bull-ish.
@soonhohyun
@soonhohyun 8 ай бұрын
so let me ask you I want to invest money so can I invest in US dollars and able to make profit still next 12 to 24 months and US dollars won't lose its value
@Amine-fo2qw
@Amine-fo2qw 9 ай бұрын
THE DOLLAR TRAP
@AlvinFlang69420
@AlvinFlang69420 9 ай бұрын
Brics essentially is that kid that held a persona hostage with a NEA zapper.
@clementleroux9928
@clementleroux9928 9 ай бұрын
May be stick to the corporate finance related content. Don't comment on global politics. Very polarizing.
@chrisnolan7423
@chrisnolan7423 6 ай бұрын
59% of global Reserve currency is in dollars the Euro is second at about 20% The RMB 2% so no the dollar isn't going anywhere for decades. The dollar was at 67% in 2005.
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