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WHY THE US DOLLAR MAY BE DECLINING:
FIRST: “The growing deficit is the GREATEST obstacle to the dollar.”
CNBC reports that a HIGH GOVERNMENT DEFICIT results in excess money printing, which increases inflation, and devalues the existing currency that we have in circulation.
The OTHER concern, as brought up by the economist, Steven Roach, is that the the US has an extremely low savings rate – so, in times of economic hardship – we have to borrow the difference from foreign nations who lend us their savings to get us through.
SECOND: A WEAKENING DOLLAR.
This money is tracked against 3 different metrics: The first is the EXCHANGE RATE to OTHER CURRENCIES, the SECOND is the demand 10-year treasury notes, and the THIRD is known as the “foreign currency reserves,” which is a fancy way of saying: how many US dollars are held by other countries?
THIRD: No “Reserve Currency Status” has has lasted more than 80-120 years – leading to the fear, the US dollar won’t last indefinitely, either.
That’s why EXPERTS say that – as of right now – even though the dollar’s future LOOKS uncertain – there’s really not much RISK, because – in order to lose its status as the “Reserve Currency,” there must be something else to take its place – of which, there are no other close contenders.
To put your mind at ease, a little more – when a Charles Schwab analyst looked at this even further…they concluded that, still, the US dollar is used in 40% of global trade, and almost 80% of all cross-border transactions. And today – the US dollar has held roughly the same value since 1987, proving to be a good “flight to safety” throughout worldwide turmoil.
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You are the only millennial I actually listen to you. Very entertaining and informative channel.
XRP posses a threat to the U.S. dollar as a cross border payment!
Do you see now why the SEC wants it gone!
I've been learning a lot from your channel and having fun at the same time. Thanks Graham,
Bearish divergence on the dollar is an appalling situation due to mass economic ignorance going on all over the world right now and a great sign for upwards momentum for Bitcoin.
Graham needs a lesson in Austrian Economics. I came back from a long break because he was virtue signalling about the climate too much (telling his viewers who have a significantly lower carbon footprint than him to stop using plastic straws) Then, within three videos of being back he goes and accepts Keynesian economics as gospel truth. Modern Monetary theory will be the death of the dollar.
Great video! Very informative video! This is concerning indeed.
Great video and great explanation on what constitutes the value of dollar !!
It sounds stupid to make one video saying the dollar is going down when actually we are about to see a crash in the stocks so the dollar is actually getting value in that scenerio
Whenever you invest, you're buying a day you don't have to work
Thx for another great video!
Dont worry babe Ima get rich
All 1st world governments run deficits.
Graham, since the Ukraine conflict many countries observe closely and starting to realize USA can weaponize their currency to hurt countries that holds US dollars reserves. Many countries like China, Russia, Saudi, India and more are starting to make an alternatives without involving USD in trading which mean they are planning to drop USD from their reserves slowly. Oh and by the way, Russia has been reducing USD reserves since 2009 they knew USD is not stable and untrustworthy by 2015 they have more gold reserves than USD reserves. They have been preparing incase of huge sanctions(US weaponizing the dollar) like in 2022. This Ukraine conflict encouraged other countries as well to ditch USD and reduce USD reserves and accelerated the collapse of USD.
Usually only economics nerds and economics news are discussing this topic but now even an average public is talking about it which is something we might want to wary of especially americans ✌
Our choices seem to be lose money with savings or invest in a crashing market
I still think we are in the crises coz of the inflation and the amount of money FED had printed for the last few years, But still USD holds and it will take years to replace it as the world reserve currency
Graham I have loved your videos for years. I have learned more from you than most of my college professors and I appreciate all the information you have given me. Lately I have noticed your videos have been about the rough conditions of the economy, there have been videos informing us not to put money in stocks, savings accounts and real estate. My question is where do we put our money in times like this? Is anything safe?
It's quite fitting that USA, the home of many loss making juggernauts, is itself a loss making juggernaut
You are misinformed at best. Having tons of cash in a crashing market is where you should be. Then you snatch up all the CASH deals. I don't believe you are a millionaire or even have 10k in the bank. Stupidest video ever. LOL
Government debt forces future generations to pay a bill in which they had no say in spending. It is nothing but economic slavery and is morally abhorrent.
The only thing keeping the Dollar as reserve currency is the power of the US military and the lack of a viable alternative. The handling of US debt is a disaster. Most Americans don’t save enough because they buy into all the advertising and spend far too much. There will be a black swan someday and a massive sell off of dollars. OMGI wish you wouldn’t flap your hands so much.😂
You have a real talent to make complicated things entertaining and concise. Good job Graham.
I track the dollar with Arizona ice tea prices. $.99 since 1992.
You talk to much.
The concept that a reserve currency can only lose its status if another reserve currency takes its place is false. A country could just hold its own currency, other countries are not going to opt to hold dollars and pay the inflation tax on them just because no other currency looks good. If they need dollars to transact, well just buy them as you need them.
Can you buy index funds in Europe?
Let’s hope the world of finance goes into a massive crash and everyone ends up with nothing and anarchy prevails we will see who the strongest are then.
“Stop saving money” —- talking to his audience that mostly lives in poverty and their savings might last three to six months in a case of having to use it to survive. Yet he has millions and we are the issue.
1$ Fluffy Coin frfr
Most of these comments are scams.
The US dollar was used as a weapon against Russia, so other countries took a note of that specifically China, India and Saudi Arabia. They will diversify and trade in their own currencies, the new payment system is already in the works.
The greed and corruption are unsustainable, other countries see how the U.S. exploit undeveloped nations.
When you subsidize monopolies but don’t invest in basic needs such as healthcare and education eventually things will start falling apart.
I mean in the last decade or so the only profitable business was real estate, that’s not an indicator of healthy economy that’s an indicator of greed.
Fingerhut changed they name to fetti & closed everyone's Fingerhut accounts & put the new fetti name on the credit report as a new account & Fingerhut is on there as a closed account now which made my score go down, can you remove that since it's a name change they did or what?
Graham, you should review my latest video. i compare the Roth IRA and 401k and give my opinion on which is better!
Hey Graham! I noticed, after all these money talks, I was wondering if you can make a video about CREDIT KARMA VS EXPERIAN. Which score is correct and such.
6:05 Who do you think will be the next reserve currency?
Would cryptocurrency ever become a reserve?
Love that you showed the debt clock. I was literally just checking that this morning at work
The title for this video was completely misleading.
He got big arms because he be lifting his credit score.
You might not have a hundred million dollars to invest, but that doesn’t mean your money can’t share in the same opportunities available to others. You work hard for your money; make sure your money works hard for you.
My man Stephan Graham getting so much ad revenue his videos are essentially ad montages not nearly as educational as they used to be lol good for him though
as a recovering ramseyian, best meme for US deficit
the economy is gonna crash forcing us to be dependent of the government, and they are only feeding those who got jabbed
Do you think the Chinese nay inherit the Reserve Currency title ever?