Is the dollar about to collapse as the world\u2019s reserve currency? As of last week, the petrodollar, the 50-year agreement between the United States and Saudi Arabia to price all international oil transactions in US dollars officially came to an end, causing a number of forecasters to openly ask: does the end of the petrodollar forecast the end of the US dollar as the world\u2019s reserve currency? And if so, what\u2019s replacing it? That\u2019s what we\u2019re going to find out in today\u2019s episode.
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Highlights:
Timestamps:
[01:26] Venture capitalist Balaji Srinivasan mocking the Fed and their ridiculous denialism
[05:15] As nations move from dollars toward gold, what will happen to the dollar?
[06:40] How de-dollarization may benefit our nation
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