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220: Marc Faber – Buying Asian Investments & Currencies On The Cheap
The Expat Money Show - With Mikkel Thorup
Is the US Dollar a Good Currency?
There is much more trade occurring today outside the US dollar than before. The Chinese are settling their oil purchases with Saudi not in dollars anymore and India buys oil from Russia and they don't settle in US dollars so a lot of things are happening now but I think strategically the US made a mistake that they accelerated this trend nothing the government has ever done is good well said private market could have found better solutions absolutely my last piece just to kind of wrap up our currency conversation was if you are holding cash right now and you believe that US dollars are peaked what other type of fiat would someone want to look at right now for staying on the sidelines?
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