Business
Strategists See Turning Point for US Dollar
The dollar’s worst slump since November has a bevy of strategists and investors saying a turning point is finally at hand for the world’s primary reserve currency. David Finnerty reports on Bloomberg Television.
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@luxboss2388
January 6, 2024 at 1:08 pm
Cbdc coming they will never let nothing like this happen again
@elimlinrr6898
January 6, 2024 at 1:08 pm
Do not confuse dedollarisation with RMB internationalisation. RMB will not replace USD or Euro for international trade settlement, but the gold backed BRICS currency will take a huge chunk of the pie.
The BRICS currency is the only non fiat currency. All other world currencies including USD, Euro, RMB etc are fiat currencies.
.
@paxundpeace9970
January 6, 2024 at 1:08 pm
It does depend a lot of the prices of commodities like oil and lumber.
@paxundpeace9970
January 6, 2024 at 1:08 pm
US inflation is the lowest in 2 years and among the lowest worldwide France and Spain have similar low rates of inflation.
@user-sb4bc9yw1y
January 6, 2024 at 1:08 pm
Dollar is going to 100s 120 euro
@ArendJanV
January 6, 2024 at 1:08 pm
Given the scale of US deficits I wonder how much longer foreigners will be willing to hold dollars. As a European I would even prefer Italian bonds over the US given the implicit backing of a much less indebted Eurozone economy.
@lemontadams3029
January 6, 2024 at 1:08 pm
When the U.S. Federal Reserve signals an end to rising interest rates, the dollar will decline sharply, which will signal the beginning of the death of the dollar
@onarbingeger9831
January 6, 2024 at 1:08 pm
I hope the countries of the world will soon choose another currency that is not controlled by the Jews, and the US dollar will collapse, amen
@fallinloveatfirstdream4222
January 6, 2024 at 1:08 pm
I wholeheartedly concur with What they need is just their hegemony. One of the most prominent instances of this is the lengthy history of colonialism in Western nations. By plundering and looting other countries, they have expanded their empires and grown via exploitation. The present global financial structure, which goes by the titles of the IMF (International Monetary Fund) and the World Bank, was established when colonialism was no longer seen as acceptable. These technological systems have frequently been created at the cost of developing countries in order to benefit Western nations and their financial interests. It is disappointing to see this predatory behavior continue for so many years. Sadly, not much has changed from the outdated colonial structures, and these discriminatory practices still exist. And here is nothing new to say Western countries back its Shameless title!"🙄🙄
@goneviral8814
January 6, 2024 at 1:08 pm
Jerome Powell is controlled by the president. Higher stock market pretty much means more inflation for the poor
@user-cm9zm4lt8o
January 6, 2024 at 1:08 pm
Balance people ok
@ahmedrehim8953
January 6, 2024 at 1:08 pm
Bloomberg interview Bloomberg 🤣
@armenmirzoyan578
January 6, 2024 at 1:08 pm
Nothing will help the Fed to keep inflation low as it wishes.. The original reasong for high inflation is COVID, money printing in US and all the chaos which is going on in the world.. No economic reasons first of all
@2023gainer
January 6, 2024 at 1:08 pm
We will keep the EV Sector Soaring in July..? * XOS Trucks Rising 24 % wk… * HYZN.. Hyzon Motors.. Up 55 % wk…* CHPT and * BLNK EV Charging….* LILM Dip.. Lilium Electric Jets…* ZEV… Lightning Emotors…Up 7 % mth. Loading the Dips Mon.?
@spokesperson_usa
January 6, 2024 at 1:08 pm
Bitcoin + Gold > Police State Ponzi Paper + Fiat Bro Military Paper
@conradgonzalez1570
January 6, 2024 at 1:08 pm
The Congressional Budget Office Report last week showed the Federal Reserve will pay 1 trillion in interest this year to service the National Debt. Inflation is here to stay. The Federal Reserve needs inflation to create New Dollars to pay off old debt. Stagflation is coming.
@rikirex2162
January 6, 2024 at 1:08 pm
maybe ain't so much its valor, but what can you buy with it.
@KingPriyom
January 6, 2024 at 1:08 pm
😂😂😂😂😂😂😂😂😂 "turning point". lol Buy bitcoin
@singularity-6339
January 6, 2024 at 1:08 pm
Fed is going to lower rate not raising next month. Deflation is now on the screen.
@live_free_or_perish
January 6, 2024 at 1:08 pm
US Dollar. Solid as a rock, always had been, always will be.
@kevinlue4756
January 6, 2024 at 1:08 pm
First