We examine how inflation economics, a key aspect of dollar devaluation, impacts your purchasing power, while also detailing the global financial shifts and central banking strategies that are reducing the need for dollar holdings. Understanding these economics and monetary policy changes is crucial for managing your savings in the coming decade, as the future of the us dollar in international payment systems is evolving. The latest IMF data shows the "us dollar" has hit its lowest share of global reserves since 1994, now representing only 56-58% of official foreign exchange reserves. This video discusses the "macroeconomics" of this shift, drawing parallels from "economic history" to understand why this moment is different from previous concerns about the dollar's status. We analyze how central bank actions and a decline in "gold reserves by country" are impacting the global "economy" and the future of "currency trading" in international payment systems.
from Volumes Untold https://www.youtube.com/watch?v=DImZ4wYpQT0
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