
Morning Wire
End of U.S. Dollar Dominance | Saturday Extra
Apr 8, 2023
John Rubino, an expert on economy and investing and creator of Rubino Substack, delves into the emerging trend of countries abandoning the U.S. dollar in favor of the Chinese yuan. He discusses the recent Brazil-China agreement, highlighting its potential to reshape global currency dynamics. The conversation touches on risks of dollar depreciation and the challenges facing the U.S. economy as reliance on the dollar shifts. Rubino also addresses the implications for inflation and governmental responses in this evolving financial landscape.
09:18
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