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The Next Big Trade - Jeff Booth Sees the Solution for a Broken Financial System

Real Vision: Finance & Investing

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Is the US a Superpower?

When the US prints dollars, which are accepted by Kingdom of Saudi Arabia and other places in exchange for energy, the other countries do get something there. The US has a money monetary system, which they get to free ride on, and which they can use to facilitate general commerce. And then in the 70s, the US is pretty much the only superpower. Then we have that, and essentially ensure everybody priced a energy and US dollars,. In those countries bought us bonds to be able to keep interest rates low to keep essentially that balance trade all of the world China did everywhere did. But now those other countries are using the exact same system against the US. It won't really reset worse for

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