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Why Crypto Is Plummeting with @George Gammon

Fresh&Fit Podcast

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The Dollar Is a Domestic Curency and the Global Currency

The dollar is really two completely separate currencies. It's a domestic curency, and then it's also a global currency. So what happens is, when we print too many dollars in the united states, a lot of times those dollars leave the united states and gogo into the global system. And they just get sucked up by the global system because there's so much demand for those dollars. But if we didn' have all that demand for dollars, because they're being used to such a great degree outside the united states,. those dollars would continue to circulate in the united States, chasing goods and services. That would mean the price of the stuff would go up a lot faster than it

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