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Money, war and a changing world order with Debashish Bose

Zerodha Educate

00:00

Is There a Need for a New Currency?

There is no currency that can just replace the dollar there is none okay. What we may then move towards is maybe a bigger basket of things which is yes we got a certain amount of dollars but the other basket also has other currencies which we buy things for and at the same time we have other assets which we need to own. So depending on the context whether it is oil for us or some minerals for some other country and so on and so forth we could have that. And yes we are probably moving into a digital world so maybe there will be digital assets also which are part of this whole thingWhether that's the rabbit hole of crypto or it's or whatever it ends up being I think

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