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US Dollar Endgame: Hyperinflation Is Coming with Peruvian Bull (WiM492)
The "What is Money?" Show
The Fatal Flaw in Global Reserve Currencies
The fatal flaw in global reserve currencies lies in the impossible dilemma of continually exporting and supplying dollars to other countries. This results in a crisis where the country either faces a global liquidity crisis if it does not export enough dollars, leading to a global contraction, or it becomes buried in debt by continually exporting dollars, risking default and devaluation of the currency. This dilemma historically marks the downfall of every global reserve currency after approximately 75 years, as the currency loses value and a new reserve currency is chosen.
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