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Is a Post-Dollar World Coming—Soon? [Ep. 284, Eurodollar University]

Eurodollar University

00:00

Why the Dollar Is Going Up?

The us owes the world a net 18 trillion, or 73 % of us. G d p, far beyond the 50% threshold that often foretold past currency crises. People are using dollars as a medium of exchange to participate in the global financial system and economic system. Government debt from its use in the monetary system is insufficiency. The government gets just repo and collateral for their credit card debts. And if you want to get on the road that is global commerce, global financial floes, you got to have the us Dollars to pay the freight, to pay the tolls.

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