STOP SAVING MONEY | The Dollar Crisis Just Got Worse
Graham Stephan Graham Stephan
4.71M subscribers
263,738 views
0

 Published On Apr 20, 2022

STOP SAVING MONEY | The Dollar Crisis Just Got Worse - Add me on Instagram: GPStephan | GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER: http://grahamstephan.com/newsletter

NEW BANKROLL COFFEE NOW FOR SALE: http://www.bankrollcoffee.com

THE NEW PODCAST:    / @theicedcoffeehour  

The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: https://the-real-estate-agent-academy... - $100 OFF WITH CODE 100OFF

WHY THE US DOLLAR MAY BE DECLINING:

FIRST: “The growing deficit is the GREATEST obstacle to the dollar."
CNBC reports that a HIGH GOVERNMENT DEFICIT results in excess money printing, which increases inflation, and devalues the existing currency that we have in circulation.

The OTHER concern, as brought up by the economist, Steven Roach, is that the the US has an extremely low savings rate - so, in times of economic hardship - we have to borrow the difference from foreign nations who lend us their savings to get us through.

SECOND: A WEAKENING DOLLAR.
This money is tracked against 3 different metrics: The first is the EXCHANGE RATE to OTHER CURRENCIES, the SECOND is the demand 10-year treasury notes, and the THIRD is known as the “foreign currency reserves,” which is a fancy way of saying: how many US dollars are held by other countries?

THIRD: No “Reserve Currency Status” has has lasted more than 80-120 years - leading to the fear, the US dollar won’t last indefinitely, either.

That’s why EXPERTS say that - as of right now - even though the dollar’s future LOOKS uncertain - there’s really not much RISK, because - in order to lose its status as the “Reserve Currency,” there must be something else to take its place - of which, there are no other close contenders.

To put your mind at ease, a little more - when a Charles Schwab analyst looked at this even further…they concluded that, still, the US dollar is used in 40% of global trade, and almost 80% of all cross-border transactions. And today - the US dollar has held roughly the same value since 1987, proving to be a good “flight to safety” throughout worldwide turmoil.

My ENTIRE Camera and Recording Equipment:
https://www.amazon.com/shop/grahamste...

For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at [email protected]

*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/

show more

Share/Embed