Why the de-Dollarisation of the world has begun | Dr. Ankit Shah | Full interview
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- Опубликовано: 20 сен 2024
- Post WW2, The UN, World Bank, IMF & WTO buttressed US hegemony through a unipolar, Dollar dominated world. Today, the de-dollarisation of that world has begun: Dr. Ankit Shah's full interview premieres now
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#DeDollarisation #UPI #DeDollarization #ReserveCurrency #WorldPolitics #UPSC #WesternImperialism #BRICS #NayaIndia #NRI
Swami Vivekanand said " give me hundred Nachiketas and I will change the world". Well Modiji is fortunate to have Ankits in the thousands. With brilliant minds like Dr. Shah as our next generation Bharat will once again return to its Glory.🙏
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Well said.
Yes
This actually proves the point which many people have raised. We got Independence in 2014.
Yes 😊
Not independence but FREEDOM 😂😂😂😂🎉🎉🎉🎉
@@ganeshram863 from neo colonialism
I am big big big fan of Dr. Shah, he is Intellectual par excellence.
He loves our country so much.. it’s so nice to see a big patriot.
Dr. Ankit Shah's economic vision matches with mine.
Dr Shah is fascinating to hear! Explains so much succinctly about our current climate on so many levels .
Just brilliant👍. I've watched all podcasts of Dr, Shah on every other
Channel but still every time he amazes me. Looking forward his book release.
Ditto; very lucid. The best teachers explain concepts in a simple-to-understand manner - kudos to Ankit Shah
Brilliant information. So informative, please do more like this. Makes me proud to be Indian
You have shown light at the end of the tunnel.🙏 In terms of proselytization and radicalisation.
That final part about using women as short-term labour, expiring an entire generation, in one single go. Was incredibly powerful, and I am greatful that India has such wise leadership and advisors. Bravo India, keep going strong!
Dr, Shah 🫡👏 this is brilliance of next level. You have articulated so wonderfully, but also bust so many bubbles for ever. I had also been subtly dropping hints that the next depression would be because of West’s “unforced errors” as well as Modi ji’s phenomenal progress. But I did not want to take off the veils, you know… let it go as far as it goes.
You have exposed the hollowness of western socio-economic thought and the insightfulness of our Rishi’s in designing our civilizational foundations in the most decorative manner.
(Reposting my comments from your another conversation for the audience) -
“I had pointed out the same thing 1-2 years back (on other media outlets) - US uses bonds + taxation model as a model for neo-slavery.
As in :
1) the repayment of US treasury Bonds would be made by the next generation for their labour and taxes, while the present lot is spoilt with spending. And they keep printing and renewing the Bonds repayment date endlessly. The endless renewal is basically exporting slavery, in its most undisguised form. Someone ultimately has to pay for it from their pocket, for the spending they never did.
2) the US is exporting inflation by selling Fiat dollars to the external countries. They simply print and export currency, while the others move their hard-labour goods and services to the US in exchange for printed paper. Leading to shortage of goods and services in their countries. That is exactly what ‘exporting inflation’ is designed to look like.
I am happy that the US media outlets are screaming at these 2 observations since last several months.
This would not have been the case with a gold-backed dollar. This situation arose because the Fiat dollar is based on “in god we trust” … in other words, it is based entirely on public confidence.
This is also a reason why people like C Munger (no disrespect to him, he is a fantastic investor, but a bad economist) are trying to defend the Fiat currency. They wish the confidence is restored and the dollar printers get some time to hatch new tricks.
Alas, ‘once fooled twice shy’ goes the saying.”
Astounding! Can I connect with you on some platform to understand it even more.
@@RohitKumar-dz5tx that would be great, connecting to Citti media !
Dr saheb you are really a gem. Very keen analysis of your subjects. Though I am a born in sanatan family, I had never come across the such a great wisdom or somehow I haven't come across the details of sanatan dharm economics. Thanks a lot for sharing such precious knowledge with us.
Namaste,
All the strands running around in my mind could come together meaningfully. Thank you for such a session.
I hope to add further clarity going forward.
Thanks Dr. Ankit Shah for such wonderful knowledge dissemination on the issue of dollarisation and De-Dollarisation...
Thank you Dr.Ankit. Shaw
Ankit Shah brother ☺️🙂🥰🕉️🤗😊🇮🇳
Brilliant connection of dots. More strength to you 💪
This was really great. Thank you for bringing in such great guests.
That's why our hierarchy is "Dharma, Artha, Kaama & Moksha", which means without a 'Dharmik' approach to life & 'artha' the following aspects of life like 'Kaama' (enjoying the desires of life) and finally attaining 'Moksha' (or eternal bliss) is not achieved.
*_Sanatana Economy_* is hence the *real* civilised world order!
Yes that's why civilization started in ancient world 😊
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Hi there, I’m commenting from Luxembourg . Interesting to know she connects with people from different parts of the world. Such an ambitious woman. I got in touch with Ms. Davis early this year. As a newbie in the market, I had little knowledge on predicting the stock market, but with Ms. Norman weekly analysis and advise profits are guaranteed! I received three times my initial deposit in a week!!
I have a master in mathematical finance, so it wasn’t so easy to get me convinced to begin an investment without me carrying out proper research on her. I had her broker ID checked and she’s fully verified! So I began with a few bucks, only to get huge returns in a month. I reinvested and now I get long term monthly returns… So glad I don’t rely on pay checks anymore.
I’m trying to create long term wealth to set towards property one day . How can i reach out to her? she could be of great help
< normandavis
,,Norman gave me a wide option investing strategies, she introduced me to USD margin lending in which I was able to earn interest with no anticipated downside risk. She made my February a remarkable month! Some people truly are God sent
I THANK GURU FOR GIVING GREAT SANATAN INSIGHTS TO ANKITJI, A WORTHY SANATANI SON OF BHARAT!
🌺GURUR BRAHMA!🌺
🌺GURUR VISHNU!🌺
🌺GURUR DEVO MAHESHWARA!🌺
🌺GURU SAKSHAAT PARA BRAHMA!🌺🙏🏻
🌺TASMAYISREE GURAVE NAMAHA!🌺🙏🏻
🙏🏻❤️ *VANDE GUROH SREE CARANARAVINDAM!* 🌺🙏🏻
⚔️💪🏻JAI AKHAND GURU RASHTRR! 💪🏻⚔️
⚔️💪🏻JAI AKHAND SANATAN RASHTRR! 💪🏻⚔️
Excellent analysis and explanation just awesome, hatts off to you Dr. Ankit.
Fascinating..Dr Shah you have opened up an interesting dimension of our Civilization....I am blown away by your wisdom... excellent.
Only deep and detailed study and analysis in the subject matter can make such discussions so useful, clear and guiding people to plan their future.
Absolute, pure, sasvat Satya by Ankit ji ...kudos....nris are victims of abrahmic economy
De-dollarization...De-radicalization...De-missionization..Add...De-colonization!! Most nations still suffer from the social and deeply psychic effects of historic European colonization. That must be reversed. Great interview!!
Completely wrong.
@@SUNOMAJEDAARGAANE you are wrong 😊
Dr Shah has thrown light on a topic that nobody-repeat, nobody- is discussing in Indian mainstream media. Ton of thanks to Dr Shah for doing this service. Because knowledge is power. Namaste!
❤always a pleasure watching
🙏. Very good information about recent developments and news analysis.👍.
Thank You for the excellent moderation and the interesting content! The first part is highly compelling, mind blowing, while the second part is more written from a national point of view.
This is the most brilliant breakdown of American economic hegemony and how it came to be.
Brilliant information 👏 excellent analysis by Dr.Ankit Shahji 👏
Astounding!! I have downloaded this talk for reference.
You are brilliant Dr.Shah!! I have been following every video of yours. You have educated many novice minds about how economics work. And about great Indian political minds which is enlightening the world to more inclusive , fair and democratic trade and relations! 🙏 more power to you!
What a brilliant guy.... Absolutely brilliant ❤️❤️❤️❤️
Nations have their karma just like individuals do. I think the world will see this in the coming years.
Brilliant discussion. Can't stop myself from commenting.
THIS IS WHAT I UNDERSTOOD,GOING TO HAPPEN FEW YEARS BACK..
RESPONDED TO RAISINA DIALOGUE, VIDEO TOO …
Namaste!
What an Eye opener!
Thank you so much....❤
Very insightful discussion
Insightful....🙏
COVID was a boon in many ways - one of things it helped people understand the value of family, particularly in urban areas.
This video is a big well of wisdom. It should be split into smaller chunks and shared like each topic
भारत जैसे देश में, देश में कंपनियों के ऑफिस की voice mail में ये सुनने को मिले की “अंग्रेज़ी के लिए 1 दबायें” और “हिन्दी के लिए 2 दबायें” वहाँ corporate जगत में मातृ भाषा के लिए सम्मान का क्या स्तर होगा उनकी इस सोच से पता चल जाता है 🙏राधे राधे बोलना पड़ेगा🙏
thank you
The Adani group relied heavily on IHC for their comeback . They too were more than eager to help. IHC is a Dubai rulers fund. Please remember most Arab currencies are pegged to USD.
but 2022 they decided to accept other currency as well & starting stock pillings gold as reserve & from this existing dollar arabs are purchasing long term infras. of west & making its own future tourist digital infras 🙄🙄
Mauritius is also like Dubai , meaning way too eager to help the Adani conglomerate
WOW this was amazing!
Please do more of these kinds of geo economics podcasts...
19:00 real reason for Radicalisation of Indian Subcontinent
1:03:00 vvvvvvvvvvvvvvvvi points
Namastee🙏Dr. Ankit Shah.. (You are Awesome)! SIR YOUR OBSERVATIONS AND EXPLAINATIONS ARE SO SUPERB AND EASY TO UNDERSTAND. ...THANK YOU SIR!!! We all from USA here are your big fan. I with all our friends and family follow all your RUclips PodCasts since past few days! Hat's off Ankit Bhai!
Ankitbhai please accept my appologise in advance for my below question getting a little long.
Ankit Sir, Can you please share your research, analysis and observations on effects & impacts of De-(Everything) that you have been mentioning in your past recent podcasts but this time we would like to understand your perspective in context to Retirement & Life Insurance from GIANT CORPORATIONS owned by (Germany, France & USA & Australia & Canada, Some Asian Countries & few other European Nations) delivering their Insurance & Retirement based products/services with Network/Pyramid Structured Business Model of creating Multi Layered Agents in USA for Retirement, Medical & Life Insurance related Personal Finincial Security Products. Are these models penetrating into Bharat? If yes how will the De(Everything) effect in Bharat if these products are owned by these corporations?. How should the investors especially in (USA & BHARAT) be aware and alert and how would common people know in (USA & BHARAT) who to trust and how to gain confidence with this De-Everything is not going to impact/affect their Long term Investment Plans into Retirement/Medical/Life Insurance products offered by these Giant Corporations as to if &/or when De-Everything happens.🙏 Thanks, Regards. JSK!🙏
🙏🏽 ❤
Brilliant young man. Well grounded. Would love to contact him , but how?
twitter and linkedin
Great information
Yea the there's a fundamental difference in the thinking of Sanatan and other philosophies.
In Sanatan we believe that all beings are non-beings are a form of God and treated with sanctity.
Whereas others believe that whole world is created for the benifit of the humans hence humans are to exploit them as much!!
Yes 😊
In gold & Silver we trust.
American dollar has to come down and needs to come down for world to function and live peacefully.
Very interesting 👍
I heard even Zulfikhar Ali Bhutto tried to peg Pakistani Rupee to gold and got killed for it.
Was India and PM Indira Gandhi such an important stature/figure in 1971 world politics for the US (Nixon&Kissinger) to shame IG/India by choosing Aug 15th as the day to unpeg USD with gold? At that time India was just another struggling country, right?
Indeed, you've a point. While I too want US hegemony to end, Ankit's reasoning/causal explanations are somewhat muddled.
India at that time was vessel of USSR. So hatred of India was in big parts due to having communist influenced.
Moreover you forget in 1971 only US ,UK sent 7th fleet agaisnt India .
Remember India was a economical giant before colonisation.
There was various reasons for hate . US being strong and independent is just one addition in list of why they hate us.
Been hearing about it for 50 years now. USD will remain the currency of the world for times to come. No other currency has this power.
🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡
🤬🤣🤣🤣let see
Experts are behind gold.
(Bullion is bullish in the near short term )
The BRICS are here to stay!
Good 👍
It is incorrect to say that Russia has no clue. Russia has been collecting and hoarding gold in massive quantities
Sir, that is a known step to every country intent on de-dollarisation, iraq, libya, .... All the other steps which India took, nobody is aware of that these are de-dollarisation steps.
@@TheBHAARATKSHETRA True. The move was inexorable once countries that are large enough (as compared to Syria, Iraq, or Libya) got into the act. Biden has delivered the death knell to the Dollar by banning Russia from SWIFT and the taking over its assets in the USAnian Empire. On top of the litany of sanctions in helpless countries over and beyond your "two buckets" , there can be NO more trust in the Dollar. Incidentally, part of the trust in the Dollar used to be the freedom to purchase US assets from land to paper. This is also now at serious risk.
@@suchindranathaiyer494 Most people believe it was sanctions on Russia which caused de dollarization to take speed. That's incorrect assessment. The trigger point is elaborated in my book. It was something else that triggered this. haha. It is after that, a big faction within the US gradually gave up and started aligning for de-dollarization.
@@TheBHAARATKSHETRA I do not so believe. I am aware of Muamar Qaddafi (OAU etc). I met him, Hosni Mubarak and Musharaff personally on a Nile cruise in January 1996 when I was visiting Cairo to bring the Internet to Egypt. But I do know that Biden has given enormous impetus to both de polarization and the disintegration of NATO with his war on Russia.
@@suchindranathaiyer494 disintegration of NATO is part of de-dollarisation script.
Can you let me know the title of the books published by your?
GEOPOLITICS REDEFINED PUNCTURED TRUTHS & GLAMOURISED LIES - the concluding chapter is mine.
Nice....
Hello Dr Ankit ji,
Could you please advise whether it is beneficial to invest in Sovereign Gold Bonds (SGB) at current level ? I am asking this because you predicted that Gold will go up but USD to INR rate will go down to Rs 3, so I want to know the ultimate impact of these two factors on Gold rates in INR after 8 years.
Sir any idea why the diaspora are not given voting rights or am I mistaken and the diaspora do have them?
If not then why not yet? And when will it be?
Not related to the topic in question.
I never enjoyed economics this much .
This was a well planned chess game by Russia , China, India, South Africa and Brazil who out played the West, through the Ukraine War, while letting India and the other 3 brics nations secure support for dedollarization through the UN by changing global south to support the Brics for dedollarization. India will be the leader in the new age because of its young and brilliant minds
✌️
In God we trust.
In Gold we trust.
If we have to trust in Rupee, it must be pegged to Gold. Means banning even ₹500 notes.
Yes after reset 500 rupees bhi band ho jayega 😊
10:00 the UK went off gold in 1928. The US in 1932. These countries recovered from the depression faster. What do you think happened next? Every other country in the world unpegged their currencies too. All currencies were fiat. This point isn't made, its assumed you know already. I think most here do not realise that
The gold std was maintained only for international dollar transactions. So when Nixon closes the gold window in 1971…there was nearly 40 years experience of fiat currencies not only in the US but worldwide. And the dollar had over twenty five years of time to establish itself as a reserve currency by then. There was no downside and on the contrary many upsides for the US
The fates of gadaffi and saddam had nothing to do with any ideas of dedollarisation. Yugoslavia happened three years before the formal introduction of the euro in 2000. Again no connection whatsoever. What currency did Europe have before euro. Deutsch marks, French francs, Italian lira, Dutch guilders. All fully convertible and used in trade. These all took up space the dollar could have had and for decades before euro even showed up. Repeal of glass steagal had nothing to do with the euro. It was all about wall st getting it's way. The dotcom bubble burst was like any bubble bursting. Nothing to do with euro. The IT sector was born out of reserve currency status? No it was born out of the rising use of computers that became cheaper and thd shift away from paper to digital. The gulf leaders didn't spend the equivalent of $75bn over 30 years on radicalism to keep the dollar going. They did it primarily to counter Iran and the brotherhood. Both were considered a threat to their legitimacy to rule.
43:10 Excellent point brought up by the host re: digital currencies and how they can and have been abused 🙏👍 These issues do not figure in any Indian commentary on the topic of digital currency. It's all good because like aadhar we were told it's all good.
52:25 I would hold the welfare state more responsible for the breakdown of the family than capitalism or communism. If the parents were judged incapable then the state would take the children away. Single mothers become pregnant because they will get a flat from the state and benefits to look after children with no intention to ever work at all but live off the state. Also, a 60% divorce rate is people who get married younger than the age of 25. Check the divorce rate for those getting married later than that and it will be lower.
1:03:10 Oh the woman as a temporary unit of GDP is about women's empowerment. About a woman wanting to work. This only became possible during WW1 because there was a shortage of men due to the war and the same happened again with WW2. It does not date back to the 18th century by any means. This has a lot of ramifications. Why pursue higher education if a woman cannot work. Why educate women past a certain point at all then. Do you see the kind the problems this thinking can cause, especially in modern society? Working does not stop a woman from having children; many professionals do so not only in India but abroad as well.
Theory of Karma
Yes 😅😊❤🕉️🤗🥰🙂😊👌❤️💪🕉️💪🕉️🇮🇳
Now I understand Why. Gujju is a maverick trader in stock & commodity market & how they manipulate it at will..
It sector has to crash by the end of this year. Very transparent economic activities
damn
🙏🏽🙏🏽
Does it mean IT downfall in India has begun?
I'd read anything this man writes
What is the name of the book of Ankit shah
Wowwwwwww
What will happen to Indian IT stocks
I hold major leader
TCS / Info/ HCL others Sir
It's risky to hold the IT stocks now. Not good. Have an eye on them regularly
Have to admire the clarity that the author has. Some very poignant points were made like for eg: the extreme nature of capitalism practiced in the west which results in unsustainable levels of consumption.
But some inferences are borne out of ill informed facts which makes me circumspect about the conclusions being draw. I find the prescriptive role of women in the family unit reprehensible. Even the facts were not correct, for eg: industrialisation was not the source of women becoming a unit of economics. They became one 70000 years ago when sapiens stopped being hunter gatherers and settled, thanks to agriculture. Women have been labouring the fields ever since! As civilisation progressed and sought to move towards peace, mutually resolving conflicts between groups of tribes - there was a substantive reduction in need of the ‘man muscle for survival’ and women had the opportunity to contribute in ways other than reproducing for the first time. Suggestions of reducing a women to unit of economics in the most crude sense of reproduction seems comprising their liberty.
i said unit of labor, not unit of economics. enterprising indian man and women were richest business tycoons on earth before invaders came in.
I'll try to be brief. There are 2 very well-argued, historically grounded and rigorous books on this subject: a) _Currency Wars_ by *James G Rickards* and b) _Exorbitant Privilege_ by *Barry Eichengreen* . BTW, I"m not being paid by any party to write this. Also, some of Ankit's reasoning are upside down (cause as effect; effect as cause); some are just plain misleading (Indira Gandhi and the Nixon Shock!); some overly simplistic and single-factor explanations. Anyway, stay safe everyone.
There are plenty of books on various aspects of this topic but there is only one Ankit Shah who put it all together
Nixon shock did happen on 15th August 1971. When bangladeshi war was going on.
You come with real name and I'd. And i am sure you can't speak 1/10th part as well as Ankit.
Ankit what will happen to IT sector in India?m
outsourcing verticals on western clients are doomed.
Is this the first part ?
Yes
Rupye will substitute dollar?😂😂😂
China being the second largest economy along with his partner Russia would let Rupee the new world order?😂😂😂😂😂
This guy just might be talking sense
But what about the Yuan? de-Dollarisation may have begun, but what if the world uses Yuan. At least with the US you can reason out and there is no on going conflict with US on the LAC neither is is supporting any of the terrorists harboured by the Pakistanis. On the economic front, most Indian Americans have made it big in the US, they are the highest income earning ethnic group in the US. Indian tech companies have raised funds in the silicon valley and have employed many Indians who have been repatriating money back to India. None of this can be expected from China. On top of that, India enjoys a trade surplus with the US, a rarity as India has a trade deficit with almost every major country in the world. I am not sure what is the benefit of the de-dollarisation trend to India but if it is to strengthen China, India is in for a terrible time.
No baby era of only single reserve currency ends.
@@yogibaba466 If it does, the challenge would ensure that the Yuan doesn't take that place.
I dont know what he is saying
How evil is America…
Beyond our imagination.
YOLO YOU ONLY LIVES ONCE
How many life you got 😂😂
Too many slips between cups and lips...
;-)
West always talks about sevringhty , democracy of country.
Never heard anything of the same sense when it comes to the matter of Currency!
Ankit is expecting US to sit duck while all this is happening?
Nope. US is pushing asia and gulf to speed this up. that is the difference this time.