![Jeffrey Gundlach on the U.S. dollar potentially losing its sole reserve currency status](https://iml-jp.com/wp-content/uploads/2021/08/Jeffrey-Gundlach-on-the-U.S.-dollar-potentially-losing-its-sole-reserve-currency-status.jpg)
#Gundlach #JeffreyGundlach #China #USdollar
Jeffrey Gundlach, DoubleLine Capital Founder & CEO, joins Yahoo Finance’s Julia LaRoche to discuss the outlook of the U.S. dollar, the U.S. economic recovery, currencies, and Fed expectations.
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I’m Alone 😍
It’s called “Capitalism”…….
🙈🙊🙉
LOL – The Federal Reserve continues to bailout Wall Street big time – Or, as I’d like to say Socialism for the Rich and Capitialism for the Poor
Usa is 1919 england, nothing to really think about.
The US dollar is backed by the US military might. Losing to the Taliban just did it for the USD
With inflation, this is going to really hurt people with large amounts of USD.
China has the biggest military they are gaining on us and Russia is ahead on missile tech on us tell it how it is we were bought out
Absolutely redicuous 80 under Dixie
🤦♀️
what a clown
GDP growth that’s financed by debt is not ideal, but in terms of Keynesian principles it’s justifiable in economically bad times. The governement should spend when no one else is willing. And conversely, the governement should be saving for a rainy day, when the economy is booming.
But according to the markets, the economy is booming. So if you need to grow debt in bad times but you need to grow debt in good times, then what does that mean?
@Charles Jannuzi We’re still in the middle of a global pandemic with relatively high unemployment, so these are not economic boom times. The stock market is at ATH, because of the massive stimulus and the mega-cap tech stocks that make up a big portion of the indexes actually benefiting from the pandemic.
When did they save during good times?
@j jayla Rarely, unfortunately, and that’s the part of Keynesianism that politicians get wrong.
@j jayla That answer is: Never…nada….didn’t happen. Do I win a prize?
I lost brain cells listening to this
This is Gundlach. This is your brain on Gundlach. LOL
Every word said is true. US is history and China is the future now.
I must say I stand a little confused with Gundlach. He is a clear Biden and Democratic man so he voted them into control.
They are doing what they said they were going to do and now he criticizes what he wanted them to do. He seated them to accomplish this task?
I really don’t think this is true. Read his twitter.
He is trying to play politics ! He did miss trump I guess !
Ray Dalio did a better job to analysis the status of USD as a reserve currency !
This guy is either lying by omittance or completely unaware of major facts.
China is “broke” just like us hemce they’re current aggressiveness for reasons that are more for the men and women that are comprehensive to the real world movement
You can’t just not be the world reserve currency like a flip of a light switch
Who do 169 countries have banker supplanted agents inside of and who do they “owe”? THE IMF
THE SAME ONES SHOVING SDR INTO SAID COUNTRIES RESERVES.
THE aim to be the next reserve is the SDR and they will start by shaking and disrupting, partially dismantling the system and causing unrest. They control the ones giving excuses for the money printer to go non stop. Why? To inflate the currencies it’s called problem-reaction-solution
Then they will “let you keep your currency” so as to back it with SDR which is already moving heavily being positioned in reserves across the world and highly in US AND CHINA. After that stage is complete, then they will make the SDR the only reserve currency, after they knock all the kinks out. Thank you for telling half truths sir
@Joshua Bradley you have been listening to Jim Rickards too much. This is the bond king. He got to be the king by have a deep macro understanding.
Peter shiff has been talking about exactly this for 10 years now. Makes a lot of sense. I tried to listen to The whole inflation vs deflation argument and the deflation part just doesn’t make any sense, don’t understand it no matter how many times I tried. Inflation is obvious and it is evident. Saying deflation is going to happen is just lying to ourselves. He is the bond king and yet he is bearish on the dollar which means he is bearish on bonds.
Smart and well spoken guy. Thank you.
The day of reckoning for the grown-up men and women in America who are not in any way shape or form special but brainwashed to think they’re entitled and deserve everything they don’t own, is coming soon. Before it used to be a long-term forecast, inevitability at some point in the distant future, but now I can feel it around the corner. Just give it a few years if not this year or next. Dave Ramsey show will have a volumn spike.
says the man sitting on a pile of gold….that he cant move….
He makes no mention that the beneficiaries of these policies have been mega corporations and the wealthy, the measily checks sent out was a consequence of the top 1% funding and influencing harmful fiscal and monetary policies, and of course the COVID response. The middle class is bearing the brunt of it all.
The vaccine mandates could be the black swan the collapses everything.
“U.S GDP growth is actually not growth, its consumption, what you see is actually CHINAS GDP growth”
Damn they are working so hard to make us look good.
But what’s better currency than US Dollar? None.
Bitcoin.
Its not weird that yields fell when the FEd did qe tightening in 2014 and 2015 because at same time the ECB and bank of Japan went negative. So its no surprise that yeilds fell here in the US as overseas money wanted to park their money for atleast a 1 to 2% interest rate rather than get charged overseas for parking their money. Its common sense and not counter intuitive. There is always an explanation for everything. You just have to know how to put the pieces to the puzzle together
F fv e
Japan here we come endless stimmy
We are running our economy based on “leverage”. That means barrow money like crazy and drive up prices of everything. Rich dad poor dad taught people to use debt to make money and here we are today, addicted to debt.