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The Global Dominance of the US Dollar
The US dollar is a global currency that is in demand everywhere, while other currencies like the yen and euro are only used regionally. Central banks print money for their domestic markets, but when the US Federal Reserve does it, they are doing it for the entire world, giving them an advantage. This is why the US can print money without facing the same consequences as other countries.
Watch more of this short video from Is The US Dollar REALLY In Danger? Maybe Not | Brent Johnson.
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
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