USA LOSING WORLD RESERVE CURRENCY STATUS? What This Means for You
ITM Trading Podcast
00:00
I Can't Print Money, Can You?
Don't forget that the number see on your bank account doesn't represent some kind of cash deposit in a vault somewhere. It's simply a promise from the bank to you that it will pay you that amount should you need it. The same concept applies at the sovereign scale. So what just happened in canada? Those individuals needed that money to buy groceries for their families, to pay their bills, to continue to sustain a standard of living. And the government said, no, you can't have it, and took it away,. And the us Government, boop, doing the same thing again. I'm not taking sides here. I want you to understand this.
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