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The Dollar Dies With A Whimper, Not A Bang

The Dollar Dies With A Whimper, Not A Bang

Season 1 Episode 20 Published 6 years, 8 months ago
Description

In this episode, Mark tells us a brief history of the U.S. dollar currency. He talked about the transition period from when Great Britain was the world's superpower and how the United States took that baton to hold the reserve currency of the world. But today, the U.S. dollar currency is under-attacked by several factors –  including huge national debt, foreign countries choosing to trade in their own financial system, and the growing bitcoin cryptocurrency. Reality tells us that the U.S. dollar position as the world's reserve currency is currently being threatened.

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