The Dollar Will LOSE World Reserve Currency Status. Here's Why

2 years ago
10

#money #economy #nationaldebt
The dollar is nearing the end of its reign as world reserve currency. Here are some of the biggest reasons why. This isn't discussed in mainstream news.

US Debt clock
https://usdebtclock.org/

Major foreign holders of U.S. treasury securities as of January 2022
https://www.statista.com/statistics/246420/major-foreign-holders-of-us-treasury-debt/

Plans for Reducing the Size of the Federal Reserve's Balance Sheet
https://www.federalreserve.gov/newsevents/pressreleases/monetary20220504b.htm

Fed buys more corporate bonds but may soon end purchases
https://abcnews.go.com/US/wireStory/fed-buys-corporate-bonds-end-purchases-71720208#:~:text=WASHINGTON%20--%20The%20Federal%20Reserve%20said%20Friday%20that,ensure%20large%20companies%20can%20borrow%20by%20selling%20bonds.

Central banks will continue to buy gold in 2022 - World Gold Council Survey
https://www.kitco.com/news/2022-06-08/Central-banks-will-continue-to-buy-gold-in-2022-World-Gold-Council-Survey.html#:~:text=%28Kitco%20News%29%20-%20Central%20Banks%20around%20the%20world,Gold%20Reserves%20%28CBGR%29%20survey%20in%20its%20published%20results.

Central banks bought 19.4 tonnes of gold in April, remain net buyers in 2022 - WGC
https://www.kitco.com/news/2022-06-06/Central-banks-bought-19-4-tonnes-of-gold-in-April-remain-net-buyers-in-2022-WGC.html

Order gold and silver here:
https://www.moneymetals.com/

Pick up a copy of my book The 3 Pillars of Strength: Increasing Your Physical, Mental and Spiritual Fitness today: https://amzn.to/3bZ3GR8

Check out my other books and online courses on healthy living and wealth preservation strategies:

The Diet of Success: Healthy Eating Tips for Hard Working Professionals
https://amzn.to/3Lrbp6M

Invest For Success: Millionaire Wealth Strategies Not Taught in School
https://amzn.to/3yxlFYm

From Passion to Profit: How to Make a Living as a Writer
https://amzn.to/39FDfzp

Udemy Online Courses

Tired of the 9-5? How to Retire Early With Passive Income
https://www.udemy.com/course/tired-of-the-9-5-how-to-retire-early-with-passive-income/

Support our channel with a one-time donation on Paypal: @yeswedidllc
#suadiarabia #economy #inflation #money #fiat #Petrodollar

Loading comments...