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De-Dollarization: China Wants Yuan to Supplant the Dollar

De-Dollarization: China Wants Yuan to Supplant the Dollar

Episode 187 Published 9 months, 2 weeks ago
Description
As the de-dollarizatoin movement plows forward, reports say China is moving on plans to establish the Yuan as the global standard reserve currency. Still, while many argue the dollar is ripe for takeover, how serious and feasible is the Yuan's potential to take the lead position money-wise? Dean Heskin and Chris Agalestos explore China's strategy, why it could be posititioning itself for such a move and how it could affect the U.S. economy on the Secret War on Cash.

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Articles referred to in this podcast
The Rise of the Chinese Yuan: 3 Signs It’s Gunning for Reserve Status
https://watcher.guru/news/the-rise-of-the-chinese-yuan-3-signs-its-gunning-for-reserve-status
Silver Extends Surge to Almost 14-Year High on Tight Market 
https://finance.yahoo.com/news/gold-gains-trump-doubles-down-232456478.html 

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