The Greatest Change To Money Since The Gold Standard Ended
Today I want to share some off the cuff thoughts on the US dollar’s role in world finance & geopolitics. Recent events across the globe have really exposed the fragility of our financial markets. Central banks & governments have had to step in & aggressively print money to avoid risking a contagion that spreads causing systemic collapse.
With economies grinding to a halt, all assets are affected, particularly now the world is so reliant on US dollars. Every asset priced in dollars will have repercussions from the current changes I see as power shifts away from the Fed, banks & government, towards the digital space. With many countries in recession, the world is facing another global financial crisis. Everyone is desperate for US dollars to pay down their debts & avoid a wider economic collapse. Will digital currencies play a role in the global economic reset coming in 2020 or 2021?
About Nugget News
Nugget News are Australia’s most watched channel for all things Bitcoin & Cryptocurrency. They provide accessible and unbiased educational content delivered through video, podcasts, articles & newsletters.
They define their purpose as a passion for driving mainstream adoption of cryptocurrencies and blockchain technology through education and awareness.
Blockchain Education Simplified.
You can find more Nugget’s News content like this video on the Crypto Market Update on The Daily Chain here.
The Daily Chain – Inform. Educate. Succeed.