The Currency War Escalates as China Seeks to Dethrone the Dollar
In this episode, we look at the recent talk that China is pushing for a new sovereign currency to replace the dollar as the global reserve currency. It is an advantage to the USA to hold control over the global reserve currency, at the expense of every other country. As China gains power, it is using its influence to try and get out from underneath the thumb of the US. In retaliation, there are rumors that the Trump Administration is considering defaulting on treasuries held by China. This would be economically disastrous and almost certainly trigger hyperinflation.
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https://www.reuters.com/article/us-china-gold-currency/shanghai-gold-boss-wants-super-sovereign-currency-for-post-crisis-times-idUSKCN22A1FY
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#gold #dollar #china
I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.
Видео The Currency War Escalates as China Seeks to Dethrone the Dollar канала Heresy Financial
Buy the Book Destined for War: https://amzn.to/2KPjFR2
https://www.reuters.com/article/us-china-gold-currency/shanghai-gold-boss-wants-super-sovereign-currency-for-post-crisis-times-idUSKCN22A1FY
► Real Estate Investing: https://roofstock.3k3q.net/XJX24
► Take My Options Course: https://gum.co/yvRjw
► Support this Channel on Patreon - https://www.patreon.com/heresyfinancial
► My Book - https://amzn.to/2CszrgE
Follow Me on Twitter https://twitter.com/heresyfinancial
#gold #dollar #china
I am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.
Видео The Currency War Escalates as China Seeks to Dethrone the Dollar канала Heresy Financial
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