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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.
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*Don’t save money be broke instead and have no savings* 🤣
Develop your skills and physical assets and it doesn’t matter the world reserve currency
Love the detailed summary in description!!
So when the £ was the reserve currency, did the US hold much?
Im in!
Reach out🔝
Good vid
Thanks…
Hit me up👆👆..
Dave Ramsey just posted that he will be going las Vegas, hit his people up for a meet up..
Thanks for such a great breakdown! Very complex subject but you made it sinple
Thank you
👆👆More insight..
Saving money has never been the right move, invest always.
👆☝️..
If US has a population of 332,915,073 (from 2021), the $30T would be $90.1k per person.
How did you come up with the conclusion that the $30T would be same value as the entire US population getting their mortgage, auto loan, student loans, and a 25k check?
lmao i had to like because of that computer smash you deserved it
Vote this up if you want to make Graham say “What’s up guys it’s Graham here” backwards. But then he has to edit it so it plays forward.
Hey! Your birthday Is tomorrow. I’ve been liked and subbed for a super long time now. Just wanted to come back here and thank you for all the great stuff you taught me! Have an awesome day brother.
*binances btc changer has a glitch*
*right now it swaps btc to eth almost x4*
*I made a video.*
End the FED
The like button is in danger, please click it so it doesn’t go extinct.
What do you mean stop saving money? Wtf 😬
Reach out👆👆
Solid video, Graham, never fail to produce quality content that is also just extremely digestible.. If someone is saving money in the bank right now, they might as well take it out and find a trash can to not only throw it in there, but drop a match as well… Everyone should be embracing this period of time to invest and just wait, it pays to be PAYtient!
Those embedded adds…
Wealth is going to be land, food, shelter, and water in the coming years. The debt notes aka dollars will be worthless so buy what you can that are hard assets.
So will housing prices continue to rise in value?
Technically it still could and the whole world goes into a depression
Although this being a highly unlikely chance, it still floats.
Every video you make now contradicts everything one says save and the new says don’t and here’s why I’m done
Hi Graham, what do you thing about using IUL’s for building wealth?
You’re blessed with confidential wisdom 💯
FEED BACK APPRECIATED
More insights?
You can send a dm to the number above,,,,,
Why does everyone ignore the U.S. Unfunded Liabilities? That puts us at $169 trillion. Does this debt not exist or what?
I know you have a big peepee graham. Keep up the good content.
FEED BACK APPRECIATED
More insights?
You can send a dm to the number above,,,,
Graham, are you still a fan of Yotta? You never seem to list it in your high interest savings options
FEED BACK APPRECIATED
More insights?
You can send a dm to the number above….
The dollar has lost 96% of its value since 1971. Let that sink in
how so , im not disagreeing im wondering
Hey all! I also have a weekly newsletter that covers these topics (and other information I couldn’t include in the video) in email – enjoy! http://www.grahamstephan.com/newsletter
First
Isn’t the dollar getting stronger 💪😅
Reported
You have a real talent to make complicated things entertaining and concise. Good job Graham.
why stop save till possible and then put it in bitcoin
Yes! Invest like me and be down30% in two weeks 😔
Feel free to reach out🔝.
People need to work more innovation
Unsubscribing. Look at Graham’s channel and every single video is doom and gloom hyperbole. Just repeating himself over and over again.
Stop saving, don’t buy property, don’t invest. What do we do!!!!
Thank you for the video. You’ve actually single handily gotten me into this type of stuff now. I enjoy learning about it, and watching your videos. It’s not just forcing myself to learn.
Do you have people who manage you social media? They are spamming my account.
I’m prepare to buy YUAN 🙌🙌🇨🇳🇨🇳🇨🇳
Hit me up now👆👆..
awesome video graham! thanks!
LOL
I’ll keep saving money and going long S&P500 with a leveraged small portion.
45% S&P / 85% cash.
I love all the doom and gloom.
⬆️🔝⬆️
At 4M subs tell us how much youtube pays you with 4M subs 🙂
BULLSHIT the US Dollar is backed by the entire population of the country, every day men and women go to work and make money that is the value of the Dollar that is what is backing the Dollar. The value of the dollar has been going up consistently it is now @ 1.08 to the Euro, which is the main ENEMY of the Dollar. That’s right the Chines RMB is not an enemy of the Dollar as China will never let up control and allow the Chinse RMB to become a world currency as that means that the CCP will not have control over their own money which is never going to happen. So as such you can see how the true enemy of the US economy and the Dollar is actually Europe and the EURO. And as such the Dollar at a record 1.08 to the EURO not far from parity is strength of the Dollar. You can clearly see the wealthy are hoarding Dollars so you are giving opposite advise to the smartest minds in the economy. Be careful to dump cash when the dollar is king. During times of inflation you only lose money if you spend it.
Usd will go to zero lol
Does the us have a payment plan on the debt we have? Why not pay off a significant amount?
The belief that there needs to be another contender to take the US dollar’s place in order for the US to lose reserve status is a fallacy. These experts somehow don’t factor in that we now live in a world of instant global communication and digital transfers.
Countries are starting to turn towards currency swaps and moonier reserves in currencies of their largest trade partners (or energy suppliers). Israel is a good example of this: they’ve recently greatly reduced the dollar’s share of their reserves in order to include a variety of other currencies, including the Chinese yuan, the Japanese yen, and a greater share of British pounds. The rest of the world is very likely to follow suit, which will result in a rapid decline in the demand of US dollars and the fall of the US dollar’s share of global reserves to significantly below the 58.8% we see today.
Looking forward to the upcoming boxing match! I’m rooting for you Graham! 🥊🥊
I went to all cash a year ago. If I had left it in the market I would be down 50 to 80 percent right now on my investments and more than a little depressed. Soooo, I think I’m gonna just go ahead and save for awhile.
Hit me up👆👆….
VOLT INU ⚡ ⚡ ⚡
Yup
Are you kidding??????
Hey Graham I’m really interested to know if you could reveal how much you were getting paid at the very beginning of starting working with that realtor you mentioned in the millennial money episode yesterday
I think you may be missing how the national debt really works. The debt is really just inflation that capture in domestic assets and export via the trade deficit.
Can you do a video on corporate landlords? Seems like they are consuming all the inventory and driving prices up. This makes their portfolios look great, especially if they are publicly traded. What has to happen for them to start unloading their inventory of homes? This is where most of the home inventory is. Don’t see any videos about this.
We need to fight against the WEF
Good ol graham…love this guy
The dollar index is almost at an all time high now, meaning it’s very strong relative to other currencies.
The difference between a Rich person and a Poor person is how they use their time. Your Future is created by what you do Today not your Tomorrow.
It will be tomorrow guys. Just like Covid
Graham, every time you tell me to smash the like button… I pull away 😅 love the content though.
US owing trillions of $ to the federal reserve which they also control. It only means they can borrow limitless money.
China is the investment future and you know it.
I think you’re a sharp guy but the dollar is a Saudi decision away from implosion. If the Saudi’s decide to sell oil in Chinese Yuan or Russian Rubles, or Russia sells oil in Rubles, likely scenarios in the next few years. Any of those = catatrosphic failure of US $ and US economy. This is what the WEF and Klaus Schwabb want to happen. Called the Petrodollar. The last country to try to sell oil in currency other than US $ was Iraq…ask Saddam how that worked out. Now Putin is trying the same. But the kleptocrats in Washington need the Petrodollar…WWIII is already started.
When Dalio said cash is trash that didn’t age well. You haven’t experience a massive down turn I hope you’re prepared. It will probably last a while.
Is buying the s&p 500 still the way to go as we go into uncharted territory for the market and economy? I have just been DCAing into that as my strategy mainly.
Hit me up👆👆…
Buy silver and gold it holds actual value it’s not fake and virtual it can’t be printed inflation is a tax
Damn I used to watch his channel, back when it was dry but still valuable. It was better back then.
The system has nothing that I want . . . . . so why buy . . . . . . my purchases are geared towards the collapse .
Wag the dog much?
It’s getting to the point where I read you or MeetKevin’s video title and assume the opposite because of how bad the clickbait titles are and how they’re never related to what you guys write. :/
Why not title this “DON’T STRESS, THE USD WILL LIKELY STILL THRIVE!” Or something.
This is why voting is important. Try watching the news and the world if you really want to know how bad it is.
Do you think the Chinese nay inherit the Reserve Currency title ever?
the economy is gonna crash forcing us to be dependent of the government, and they are only feeding those who got jabbed
as a recovering ramseyian, best meme for US deficit
My man Stephan Graham getting so much ad revenue his videos are essentially ad montages not nearly as educational as they used to be lol good for him though
You might not have a hundred million dollars to invest, but that doesn’t mean your money can’t share in the same opportunities available to others. You work hard for your money; make sure your money works hard for you.
He got big arms because he be lifting his credit score.
The title for this video was completely misleading.
Love that you showed the debt clock. I was literally just checking that this morning at work
6:05 Who do you think will be the next reserve currency?
Would cryptocurrency ever become a reserve?
Hey Graham! I noticed, after all these money talks, I was wondering if you can make a video about CREDIT KARMA VS EXPERIAN. Which score is correct and such.
Graham, you should review my latest video. i compare the Roth IRA and 401k and give my opinion on which is better!
Fingerhut changed they name to fetti & closed everyone’s Fingerhut accounts & put the new fetti name on the credit report as a new account & Fingerhut is on there as a closed account now which made my score go down, can you remove that since it’s a name change they did or what?
The US dollar was used as a weapon against Russia, so other countries took a note of that specifically China, India and Saudi Arabia. They will diversify and trade in their own currencies, the new payment system is already in the works.
The greed and corruption are unsustainable, other countries see how the U.S. exploit undeveloped nations.
When you subsidize monopolies but don’t invest in basic needs such as healthcare and education eventually things will start falling apart.
I mean in the last decade or so the only profitable business was real estate, that’s not an indicator of healthy economy that’s an indicator of greed.
Most of these comments are scams.
1$ Fluffy Coin frfr
“Stop saving money” —- talking to his audience that mostly lives in poverty and their savings might last three to six months in a case of having to use it to survive. Yet he has millions and we are the issue.
Let’s hope the world of finance goes into a massive crash and everyone ends up with nothing and anarchy prevails we will see who the strongest are then.
No
Can you buy index funds in Europe?
Yes….sort of yes.
@Maestrul Gamer Yes, but i need an explanation of what you mean XD
@Maybe Send a direct message on WA
The concept that a reserve currency can only lose its status if another reserve currency takes its place is false. A country could just hold its own currency, other countries are not going to opt to hold dollars and pay the inflation tax on them just because no other currency looks good. If they need dollars to transact, well just buy them as you need them.
You talk to much.
I track the dollar with Arizona ice tea prices. $.99 since 1992.
The only thing keeping the Dollar as reserve currency is the power of the US military and the lack of a viable alternative. The handling of US debt is a disaster. Most Americans don’t save enough because they buy into all the advertising and spend far too much. There will be a black swan someday and a massive sell off of dollars. OMGI wish you wouldn’t flap your hands so much.😂
Government debt forces future generations to pay a bill in which they had no say in spending. It is nothing but economic slavery and is morally abhorrent.
You are misinformed at best. Having tons of cash in a crashing market is where you should be. Then you snatch up all the CASH deals. I don’t believe you are a millionaire or even have 10k in the bank. Stupidest video ever. LOL
It’s quite fitting that USA, the home of many loss making juggernauts, is itself a loss making juggernaut
Send a direct message on WA
I understand the plan is to hold for the long-term, but after I came across Diana Alexandra Hunts, who found a loophole to maneuver the market and could make up to $250K in profit within months
As to get more details about my Investment advisor; (Diana Alexandra Hunts) easily do quick internet research where you can easily approach her from, do your research with her full names mentioned.
Great! Got it. I appreciate
Thanks for sharing this, I just looked up your financial Advisor and found her web page. Her resume is pretty impressive. I wrote her and I’m waiting on her reply.
Wow! Stumbled here with the same lnvestment advisor which my colleagues at work always attest to her great skills and her experience in financial planning. She operates with bigger investors but her services to average individuals are philanthropic. Good deeds they say, fly easily….. Diana is great!!