#dollar #BrettonWoods #gold #Petrodollar #OPEC #Globalization #Finance #derivatives #China #WTO #BRICS
This video came out on FRIDAY and not THURSDAY. Apologies.
Video Chapters:
00:00 Introduction
00:23 Coping with World Events
03:19 Bretton Woods & Fiat Dollar
03:53 August 15, 1971
05:22 First Pillar, Petrodollar
07:07 1990s and the other two pillars
08:04 Second Pillar, Globalization
09:25 Third Pillar, Financialization
12:15 Why these pillars are toppling
17:01 Market Update
21:23 Conclusion
Today we will look at the post-1971 monetary system and why, in our opinion, the dollar has been able to survive for so long as a fiat currency.
This fiat currency system, nevertheless, seems to be on its last legs and we will go through in this report why we think the three pillars that support it are in the process of toppling over.
Bretton Woods System Playlist: https://youtube.com/playlist?list=PLtbk62Ie_5SWJRZWf7rV7RL9ZwNRHWbaz
Derivatives File Playlist: https://youtube.com/playlist?list=PLtbk62Ie_5SUhUTwVqtwaR1qAsE3jw6T0
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