Why The Dollar Will Be The “Last Man Standing” Of Fiat Currencies | Keith Dicker
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- Опубликовано: 2 июн 2024
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Timestamps:
00:00 Introduction
01:07 An Overview Of Currencies
09:19 The U.S. Dollar As A Hedge
20:14 The Bond Market Is Not Safe
25:41 Economic Outlook
29:27 VanEck Ad
30:28 .
34:02 Central Banks Management Of Currencies
36:23 Emerging Market Currencies
42:12 U.S. Trade Deficit And Fiscal Deficit
45:08 Looking Back At Dollar Bear Market of 2000-2007
49:05 China Is Screwed: Dicker on Chinese Yuan (CNY)
01:00:27 View On Stock Market
01:02:42 Which Are You More Bearish On, The Euro Or The Yen?
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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets. 
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37:30 the east of Canada has forgotten that natural resources and western Canada built the first world standard of living they have in the “have not” provinces. Which is the biggest misnomer in Canadian history. They’re “work not” provinces.
Well it compensates for the decades early in the confederation when the west was cost for the eastern provinces who provided for them in resources and tax money.
Eastern provinces being poorer is one thing (and equalization payments) but every Federal election Alberta and Saskatchewan get screwed and their votes and values are unimportant. All the anti-energy Liberals and Leftists everywhere else in Canada vote for free stuff for themselves awhile voting against Alberta's and Saskatchewans economies and people.
Loved seeing a Canada centric guest with some actual knowledge of the country, currency, and bonds. top five podcasts from Forward Guidance imho.
Great to see Keith on the show. 📺
The only keith that knows his shht is Keith weiner
I heard that the Zimbabwe currency will replace the US dollar
Cound be , theres more of them..
Thats how it works, right?
Jack is getting an amazing education! He shows a depth of knowledge now that just keeps getting better.
Yay! Keith is on!
A terrific discussion with easy to understand explanations. Thanks
Great episode ! Very well said! Thank you!
Great discussion in this video.
The last man standing for about 10 secs.
"Gold is money everything else is credit," JPMorgan .
Great interview Keith 👊
The dollar is and will be for years the healthiest horse 🐴 at the glue factory.
Like Matthew Piepenburg says.
I come from the U.K. where I have watched sterling crater against the euro and be cut in half against the USD since 2006 so now I keep all my investments in dollars, we have basket case politics in the U.K. and Europe is little better.
Well done
Economic investigator Frank G Melbourne Australia is following this informative content cheers Frank 😊
Its the Dollar Milkshake Theory, eh?
Takes time to unwind, de-integrate and transition to new monetary systems.
Great video
In a world of choices, Revux stands out.
The DAX 40 🇩🇪 is super duper strong 💪💪🧙🏼♂️👋
Great info
Thank you
Anyone watching the YEN it’s moving opposite of the dollar and not looking great
Historical lows against the dollar but (curiously) stable against BRICS currencies.
The BOJ selling US treasuries to strengthen the Yen.
Very clever
It just needs to be said that Trudeau destroyed Canada, a once great country.
But enough Canadians voted for him and his policies unlike Here in the United States where the last election was stolen and probably will be again. Canada has way more wokesters than we do.
Nope. Voters of Canada voted to destroy themselves. Similar to voters in Venezuela choosing Chavez. Voters in Germany chose Hitler. Voters in Canada chose Trudeau - an obviously unprepared and incompetent man child with no skills other than self promotion
Well Biden isn't too far behind doing the same to the U.S. lol
@@ICDeadPeeps Canada has gained over 2M people in the last 18 months. That would be like 18M people coming to the US in the same time. Canada is fallen, currency going into collapse.
@@michael2275 I'm not doubting what you're saying.
But here in the U.S., we have no idea who's coming over our borders and how many. It's a huge clusterduck. USD is probably safe for the time being for all the reasons shared by the interviewee but that's about it.
I see a Whale at the window...
Decoding Revux DNA: innovation and reliability.
He confirms what Marty Armstrong says....Jack, could you get Armstrong on?
Revux - beyond speculation, it's a conviction.
Analyzing Revux potential for exponential growth.
Revux journey - a tale of crypto resilience.
Jack loved the Canadian perspective which you dont hear much in US! Love the guest!
Revux enthusiasts, assemble!
yaaa Keith! Wise man 👍
Wow this guy is truely lost. In one sentence he says China has a closed capital account. Then in the next sentence he is talking about how people are moving money out of China. The Chinese economy is a closed system with limited exposures with the outside. What happens monetarily in China has almost nothing to do with what happens monetarily outside of China. The day you see the Chinese suffering is when they experience extremely high rates of inflation and shortages in all manners of goods and commodities. If you can't imagine seeing these things it becomes utterly moronic to talk about the Chinese having trouble.
A country where the currency falls precipitously and yet the cost of living keeps going down is a sign to you that the internal and external markets are completely separated. There is no world in which you can spin a sensible economic story around this without recognizing that reality. The Chinese need as much dollars to run their internal market as the Russians do to run theirs. Foreign FDI just dropped to basically zero and yet investment is still booming in China. Looks like foreign money was just a drop in the bucket and may as well not have been there. Chinese savers have never had any options to invest abroad and they are not about to get any new options for that now. All debt in the Chinese system is corporate debt of SOEs and debt of local governments. All this is, is a system whereby the central government issues liquidity to its sub entities. This internal ledger system functions merely as a score keeping system for the central government to run its massive bureaucracy. Going around saying wow this set of scores looks terrible if I transplanted it on top of the US banking system is frankly mentally deranged. This score keeping system of the Chinese bureaucracy is utterly meaningless to those outside of the bureaucracy who have no idea of what it is even measuring.
I don't know the details but that was my feeling on the Chinese system. This guest seemed to be talking through his backside about China - didn't Yellen go there to say the Chinese were dumping into the world economy? Or is that just the official story?
@@james6401 Dumping into the world Economy is just another way for "you are too big, please get smaller". The Chinese are so big, whatever industry they enter, the supply curve gets shifted way out to the right and the prices for the products of that industry collapse. It is what makes growth in nominal terms so much harder for them. If you just look at Units produced valued at prices before they entered the market their economy should be 3-4 times bigger than what it is when everything is measured in prices after they entered the market. It happened already in most consumer goods, industrial goods, telecommunications equipment, industrial equipment, commercial shipping, infrastructure and etc.... Next will be simi-conductors, satellites, EVs, commercial aircraft, web services and software. Everything American companies use IP to earn excess profits will be gone in the next 10-20 years. Prices where the Chinese can produce at a moderate margin are prices where the Americans would be producing at a significant loss. This is why Yellen went to China. To beg them to stop.
Looney Hour shout outs
Fourprime is gonna be massive
Fourprime to $15 this bull run for sure 🔥🔥
This guy must have gotten teased a school with a name like that
The idea that what europe needs is more union .... that's an awfull idea. Like the usa needs more federal government.
Revux believers, unite!
Jack you looking rough man did you notnget any sleep or just too many uppers? No judgment, my 20s were a blur as well
milkshake
Who let the Newfy on this show?
They are swapping now, Powell is helping the other banks from melting down.
Helping EU banks at our expense. Phucking traitors in our government.
Man what are you talking about buying a bond @ 4.5%...phoney inflation numbers of whatever..
When more like 8-12%..A TRAIN TO NOWHERE.
Thats the best you can do...tradfi complete failure..better to buy raging citty memecoin
buy HODL
Revux narrative is one of unwavering progress.
this gentleman has a great global view of the macro, which is 100% required in this cycle especially.
🔥 $CRODIE 🔥
Selling the dollar to raising dollars to pay the trade has the box itself in line flat virtual
Rabbit hole agents DBCD account trade
And go to a fix currency a fix exchange trading in
Zzzzzz 😴
Unsure this dude qualifies to pontificate on China
I lost over $70k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Natalie Strayer
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, i'm in my fifth trade with her and it has been super.
You trade with Natalie Strayer too? Wow that woman has been a blessing to me and my family.
Most people are retiring this year and has nothing to show for. But I assure you it’s never late to get your financial life together again.. All thanks to Natalie Rose Strayer for I and my family
After I raised up to 125k trading with her I bought a new House and a car here in the states also paid for my son's surgery
Glory to God shalom.