Dollar System Is Weakening As Gold BRICS Rise - Famous U.S. Economist Warns
Dollar System Is Weakening As Gold BRICS Rise - Famous U.S. Economist Warns
Oct. 22, 2024
U.S. DOLLAR COLLAPSE - FOLLOW THE MONEY
Geopolitical Economy Report - Ben Norton
The US dollar is gradually losing its dominance, and foreign central banks are buying fewer Treasury securities, instead holding more gold in their reserves, warns Mohamed El-Erian, a mainstream Arab-American economist.
Ben Norton discusses how countries are seeking financial alternatives, especially Global South nations around BRICS.
Topics
0:00 Western media cope on de-dollarization
2:53 Renowned U.S. economist warns de-dollarization is happening
4:55 Gold price rises despite inflation falling
7:18 BRICS seeks alternatives to U.S. dollar dominance
9:04 Sanctions, reserves freezes, weaponization of U.S. dollar system
11:23 Holding gold in reserves is not bringing back gold standard
13:08 Central banks buy lots of gold
14:40 West's economic war on Russia failed
15:34 US-Israel wars in Middle East (West Asia)
17:18 "Erosion" of U.S. dollar hegemony
18:56 US government debt and Treasury market
24:39 USA now spends more on debt interest than military
25:09 China dumps U.S. Treasury securities
25:59 Europe, Canada, Taiwan buy U.S. Treasury bonds
27:57 Outro
|| Geopolitical Economy Report ||
BRICS plans ‘multi-currency system’ to challenge U.S. dollar dominance: Understanding Russia’s proposal - https://geopoliticaleconomy.com/2024/10/19/brics-russia-multi-currency-system-us-dollar
Please consider supporting us at https://GeopoliticalEconomy.com/Support
You can find a back-up of our videos at: https://rumble.com/GeopoliticalEconomy
Original: https://youtu.be/KnMAit5MP-Y
#LandStealing #Oil #StealingResources #Profits #Resources #WealthTransfer #GreatReset #Plandemic #USDollarCollapse
=
- Geopolitical Economy Report -
Please consider supporting us at https://GeopoliticalEconomy.com/Support
Patreon: https://Patreon.com/GeopoliticalEconomy
Podcast: https://soundcloud.com/GeopoliticalEconomy
Newsletter: https://GeopoliticalEconomy.Substack.com
-
LIVE
Revenge of the Cis
2 hours agoEpisode 1395: Horror Movie
2,427 watching -
9:57
Silver Dragons
1 hour agoSilver Price BREAKING NEWS - My Whole Stacking Strategy JUST CHANGED
4.8K1 -
1:03:09
In The Litter Box w/ Jewels & Catturd
19 hours agoCon Artist Kamala | In the Litter Box w/ Jewels & Catturd – Ep. 674 – 10/22/2024
51.1K16 -
2:22:13
The Quartering
3 hours agoTim Pool GOES BALLISTIC & QUITS Timcast IRL, Blasts Entire Staff, Kamala Harris BUSTED & More
54.2K49 -
1:05:11
Lee Camp
4 hours agoLIVE: Jill Stein On The Show + Wall Street ADMITS Election Doesn’t Matter!
10.3K -
2:11:14
Pro League Network
1 day agoPutt Tour (Pro Minigolf 10.21.24)
19.2K2 -
3:30:11
GameLeap RAID Shadow Legends
3 hours ago $0.01 earnedHow to GET HUGE CVC REWARDS! BIG Champion Upgrades! - Raid Shadow Legends Guide
6.66K1 -
LIVE
SwitzerlandPlayIT
4 hours agoDitching CnC3 for Wolfenstein!!!
289 watching -
8:23
Howard Lutnick
3 hours agoHoward Lutnick on Fox Business with Larry Kudlow
24.2K2 -
3:09:18
Sm0k3m
4 hours agoPlaying games on Rumble
28.8K3