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Banking Crisis Root Cause Explained by Austrian Economist Keith Weiner

Mining Stock Education

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Is the USD the New Strongest Financial Power Block for World Trade?

I think it's inevitable that the USDs reign as the world's reserve currency or preeminent currency will end at some point. But in terms of replacing the dollar, you have several problems with these currencies. One is capital controls. They just don't have liquidity to handle the global center now. You want to buy a billion dollars versus reality. You're going to remove the price of that currency way too much. Thirdly, does anybody really want to be a lender to Lula, to Putin, to Modi in China? I'm just dubious of this.

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