5min chapter

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The Last Trade E004: The Dollar is Losing it's Reserve Status with Parker Lewis

Onramp Media

CHAPTER

Bitcoin's Sea Change Moment

The US has $31.5 trillion of national debt, which we're now paying approaching 5% interest rates on that national debt. The BRICS nations have been agitating for 20 years about trying to get off the US dollar as the de facto currency for the oil market internationally. Having Yellen acknowledge that today is kind of a moment that frankly I would have expected years from now, but here it is. We are entering the changing world order of a monetary future that's shifting from unipolar power of just the dollar to a multipolar world with G7 and BRICS.

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