THE Collapse of the U.S. DOLLAR And The Rise of the Yuan? The U.S. Dollar IS IN BIG TROUBLE

Guys, the end of the US dollar is closer than we know, probably closer than most of us can even imagine. So, on this video, I want to share with you some information and some things that we all need to know right now. Now, first of all, guys, the US dollar has been the world's reserve currency since the end of World War II, right around 1944. That's almost 60 years that the US dollar has been the world's reserve currency. The US dollar was pegged and targeted to gold, and most other currencies in the world was pegged to the US dollar. Now, as a result, the dollar, the US dollar, was used as the main currency throughout the world. And that's why they call the US dollar the reserve currency. Now, what does reserve currency mean specifically? A reserve currency is just a currency that's held by central banks around the world in large significant quantities. And so that means the US dollar, as the world's reserve currency, is the most widely used currency. And not just used for regular everyday transactions, but used for international trade and international financial transactions on a worldwide scale. And one of the things that's important about a reserve currency is that it makes that currency easily convertible to other currencies. And it's usually the most stable currency throughout the world. But hey, get ready folks, because all of this may be changing sooner than we thought. The US dollar may no longer be the world's reserve currency in the next few years. And it may even accelerate quicker than that. The Chinese Yuan reserves are steadily gaining ground and increasing in countries that have a tighter relationship with China. Now, China has been growing their influence intentionally over the past several years, guys. And they've been intentionally growing their influence throughout many, many countries all over the world. And ultimately, some experts are saying that this growing influence of China all over the world with these other countries could make the Yuan a very possible and attractive alternative to the US dollar soon. So this is what you need to know. The US dollar's dominance on a worldwide scale is declining. And it's declining quicker than we thought. Really it's happening right before our eyes, guys. We're paying attention to what's happening in entertainment and what's happening on the sports field. And all the while, right in front of our eyes, guys, the US dollar is losing its punch on a worldwide basis. China, Saudi Arabia, Russia are all getting closer and closer to leaving the US dollar and starting to trade and do other international business using other forms of currency besides the US dollar. Now, we know China is making moves all throughout the continent of Africa, Central America, and most importantly, tightening their relationship with Russia and other countries in Asia. So while you have Saudi Arabia and you have Russia growing closer and closer to China, that sends up a red flag. Now, why are they getting closer and closer? I'm going to save some of that for another video. Because this thing gets real geopolitical because of what's happened lately in terms of the war that Russia has going on with Ukraine. Now that war has kind of put all of this potential replacement of the US dollar as the world's reserve currency kind of on a fast track to happen quicker than what was imagined. Not to mention the whole digital currency thing as well is kind of putting this on a Now, speaking of Saudi Arabia and China, as I said, they're growing closer and closer. And we know one thing about Saudi Arabia is that they have some of the largest oil reserves in the world. And recently, Saudi Arabia has agreed to begin selling oil to China in Yuan, which is another move that China's making in cahoots with Russia to accelerate the whole de-dollarization of the world's economy. Now, when I say de-dollarization, I mean less dependence on the US dollar as the reserve currency. China's goal, and obviously Russia's goal, is to make less and less countries dependent on the US dollar. In other words, they're trying to influence other countries to stop using the US dollar. And ultimately, that would devalue the US dollar. Because guys, if you don't know, China is the second largest economy in the world, right? The United States is the first largest economy in the world, and China is the second. So this is pretty significant, guys. This move by China sort of teaming up with Russia, as well as Saudi Arabia and other Asian countries, is a huge and significant move, and could prove to spell the end of the US dollar as the world's reserve currency. And here's another reason this is pretty significant, guys. Because when countries no longer depend on the US dollar, and it's no longer considered the biggest reserve currency in the world, then these other countries, they don't have to hold so many US dollars in their reserves. And when other countries don't have to hold so much US dollars in their reserves, it could lead to the dollar losing value even quicker. And it can lead to a wider spread use of another widely accepted currency like the Yuan from China and give the producers of that other currency, like China, much, much more influence around the world. So our job as citizens, guys, is to be aware of what's taking place, right? Be aware of what's happening when it comes to the dollar losing its value on a worldwide scale. Not just inflation here at home. We know that happens and that's important. But how is the US dollar being looked at and being devalued through what's happening on a geopolitical scale around the world? This should be on the forefront of our minds. Because this could have rippling effects to the average American citizen. If you have a large country, like Russia, who's agreed to purchase the world's largest commodity, oil, only using China's Yuan, that is significant. Because if something as big and huge as oil trading were to shift 100% away from the US dollar, it would dramatically reduce the demand for the US dollar on a worldwide scale. Which again, in turn, would lead to a significant decrease in the value of the dollar and could send inflation here at home through the roof, right? So even here in America, as an average American, this could trickle down and we could feel the effect. If we thought 9.1% inflation last year was high, you won't believe how high inflation will be if the US dollar is no longer the reserve currency throughout the world. That's one of the reasons that we see the Federal Reserve here in America really looking to shift out of the US dollar and shift into digital currency, right? What they call a CBDC and a CBDC is a Central Bank Digital Currency. We've seen little hints of that in the news lately, guys, with the Federal Reserve starting what they call the FedNow system, which is sort of like a Venmo or PayPal or Zelle or Cash App. What we see now is the Fed saying, hey, we're going to develop our FedNow, which is digital currency owned and controlled by the Federal Reserve. I think all of what we're seeing with the US dollar losing its value and perhaps losing its status as the worldwide reserve currency, I think all of that comes into play and it's one of the reasons why the Federal Reserve is really pushing to get digital currency up and running faster and faster. So we'll keep an eye on that as well. But on this video, I wanted to put you guys on high notice that this thing is real and the end of the US dollar as we know it is a lot closer than most of us think. It's all wrapped up into a lot of geopolitical stuff and the sanctions that were put on Russia when they went to war with Ukraine. But these are things that we need to be aware of as regular citizens who are concerned about our money. Hey guys, if you got anything at all out of this quick video, do me a small favor, smash the like button, share the video with someone you know who could use this information, who needs to know this information. And do me a favor, if you're not a subscriber, please subscribe to the channel and turn on your notifications so you can be notified every time I put out a brand new video. Hey guys, drop me a comment below and let me know what you think about the possibility of the US dollar no longer being considered the world's reserve currency and how you think that will affect the regular average everyday American citizen. And stay tuned to this channel because there will be more videos coming to keep you guys updated explaining what's happening with the US dollar and the US economy in plain language. The best person to take care of the old you is the young you. Do me a favor, take care of yourself and take care of other people. Until the next video, peace.