Ankit Shah I BRICS currencies R5 picking up momentum? I LIBOR vs SOFR
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- เผยแพร่เมื่อ 25 มิ.ย. 2024
- Ankit Shah I BRICS currencies R5 picking up momentum? I LIBOR vs SOFR
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00:00 - Intro
11:39 - The globalization which the unipolar international trade world had created is going to dismantle
18:00 - US has depleted two-thirds of its strategic petroleum Reserve now
26:00 - Situation in China - digital RMB, bitcoin
38:09 - Muslim son-in-law of Kerala CM brought entire Muslim community together
41:00 - What's the future for training in Indian Equity Market viable or not?
42:01 - Why Saudi and UAE are just talking about oil trade in other currency why they are still hesitating to end Petro dollar will OPEC plus take care of any practical steps to end USD?
44:05 - How should NRIs prepare for de-dollarization especially people who have investments in the form of home or stocks?
47:28 - Have U.S fintech quiz kids already cooked up a secret yet unrevealed financial weapon as a successor to Modern monetary theory is this why they are silently promoting gold buying by other nations?
49:56 - What will happen to the IMF what currency would be used for Aid in case of natural disasters like earthquake hurricane etc?
50:47 - Is it true that most of India's official gold Reserve is held overseas UK and U.S if so how does this impact the de-dollarization?
52:38 - What's the gradual erosion of manufacturing especially if consumer goods in America since 60s that brought them to this inflationary situation?
54:46 - Is upcoming de-dollarization the reason for declining Forex reserves of India?
56:27 - Collapse of the dollar
57:07 - Sterling decrease in property value in UK will go down if so, how long before it bounces back? - บันเทิง
PhD from IIM-A is worth it's value in Gold!
Congratulations Ankit Deekra!
Actually, it is worth nothing outside India. IIMs are rated high for lowest acceptance rate for their MBA program. India's massive population has something to with it. IIMs faculty is pretty average, most from second rate Indian universities.
@Tamashbeen my friend chose Stanford over iim. He cracked four available at the time
@@alpeshmittal3779 IIM MBA is good not because of greatest faculty but outstanding students who are able to crack CAT.
IIM Fellow program, which is their PhD, is not even eligible for a tenure track faculty position in America. IIM faculty have very poor research profile. Professors are drawn from very pedestrian schools.
Your friend made a wise decision.
@@tamashbeen6610 oh didn't know that. Thank you for the info
His Phd is from Gujarat Law University. Apparently he designed some curriculum for IIMA. Please don't spread misinformation.
Two years ago nobody could predict the dollar condition we're witnessing today. The u.s continue to double down on the same mistake that brought the dollar where it's. Therefore,no guarantee that the grass of the dollar would not be faster than it's envisaged
It's a good time to buy and basically I've just got cash sitting duck in the bank and I'd really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up
@rangaraj4727 great recommendation, I am checking out your advisor and she is not only gorgeous and has a great smile. I hope she backs it all up. looking forward to chatting with her soon.
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing..
This information is really helpful.
Food producing countries should form a organisation like OPEC and reduce Global food export as reduction in petroleum products by OPEC
Many Congratulations Dr. Ankit Sharma . I am too eager to read your Thesis . Hope it’s getting published soon.
Shah*
@Aryan Tiger Commies are also after Agriculture communities I'm Maratha and all urban Marathas vote BJP/Shivsena
Congratulations Mr.Ankit 🙏🙏🙏
Dr
Dr. Ankit
Many congratulations Dr. Ankitji 🎉 May Mahadev always protect you 🎉 Har Har Mahadev 🙏
Hearty congratulations to Dr Ankit Shah for getting a PhD conferred upon him...many more Laurels and awards await this scholar
Instead of calling the BRICS currency as R5, should we call it R-money (sounds very much like harmony)?
The idea of bringing this currency is to bring harmony to the international trade against USD hegemony
Good idea.
Congratulations for your personal achievement
Dear Shri please advise Ankit to be in the cabinet or governor of RBI. I cannot imagine the advantage of this.
the Libor index was used as a key index for setting loan rates around the world, including adjustable rate mortgages, credit card payments and student loans in the U.S. The Libor was generally rigged to report a lower rate as this helped to inflate bank stock prices, and potentially rig futures & interest rate swaps markets. The Sofr index is generally higher then Libor so this could be bad news for eurodollar denominated financial instruments that were indexed on Libor. The outcome is that some major European banks could face a USD liquidity crunch.
I see the impact of s gurumurthy on dr.
Good 👍
Congrats Dr. Shah on your achievement.
Congratulations to ankit ...he is one of the best ...thskyou Sri iyer for exposing us to such great minds . ..yourself included ...god bless
Congratulations Dr. Beta Ankit.God bless you always for your dedication to your work which I think you enjoy very much.
First time listening to Ankit Shah. This chap looks and sounds like a humbler version of Abhijeet Iyer Mitra.
Abhijit iyer mitra does not talk about imaginary subjects eg sanatan economics
While the comment seems excessive, there is some ring of truth to it. Unless the speaker's academic credentials are still to be established.
@@alpeshmittal3779 Hinduphobia?
@@AO-xd2ml jnu mittal
@@syhuhjk yup
Congratulations to Dr Ankit
Kannadigas are well-informed thanks to P-Gurus hangouts with Dr.Ankith Shah and many more.
Congrats Dr Ankit Shah
At last count, there are 64 nations around the world that are in the process of De$ using one or more of the following:
1. Bilateral FTAs promoting the use of national currencies instead of $
2. Settling international trade in local currencies, even in the absence of a bilateral FTA
3. Sponsoring or supporting the R5+ (Rupee, Rial, Rouble, Renminbi, Rand) initiative
4. Payment systems that bypasses $ based platforms like Swift, Visa, MC etc. Examples are UPI, MIR (Russia), Alipay, Wechat (China)
5. Central banks purchasing gold instead of US treasuries
6. Central banks selling US Treasuries
7. Introducing CBDCs - each nation's central bank has complete control over the currency, including its convertibility to the $
US also announced cbdc digital dollar based on blockchain technology.
@@alpeshmittal3779 Yes. The US will do a *soft launch* first i.e. FedNow payment system will be launched in July. There is need for a new payment system as the existing systems like Visa, MC. Amex etc. do not support CBDC. The US also does not have a digital identity system like aadhar (although some states do) & is totally dependent on physical docs like driver licences. That will also need to be put into place.
Very good session Sree Sir and Dr.Ankit ... keep up the good work
Sri Iyer Pl keep a program on the Dr. Shah doctrate ir is very very important
Congratulations Mr Ankit Shah You are on your way to doing some great things indeed.
FED is already FED-UP
Dr. Ankit Shah deserves more than phd.
Blessings to Dr Ankit Shah ji for bigger dreams ahead 🌺🌺🌺
Geopolitics and diplomacy should be made compulsory for all students in India
Congrats Sh.Ankit Shah
Congratulations to Dr Ankit Shah
Congratulations Dr Ankit dear.. 🌹🌹👍🏻👍🏻🙏🏻🙏🏻
Congratulations to Dr. Ankit Shah
Congratulations Dr. Ankit Shah
congratulations to dr shah, ankit.
Sreeji, please try to have a session with both Sridhar Chithyala garu and Dr Shah. Thanks for your wonderful content as always
Sreeji, please ask learned guest about what does he mean by sanatani economics and which book talks about it.also which institute did he study it
Congratulations Dr.Ankit Shah💐
Please Share Truth 🙏
I Salute to Dr Ankit Shaw for his great knowledge. Jai hind.
Congrats!😊Dr SAHAB.
Congratulations Ankit ji
Let's hope de$raisation& deradicalistion happens in this world
Future belongs to Sanatani economics
Please ask him what is sanatan economics theory and where did he learn it. I mean kuch bhi....
@@alpeshmittal3779 Brown coolie spotted sucking western dick 😂😅
@@alpeshmittal3779 Are you anti-Hindu or something? Sanatan Dharma family ethics and methods are the root of Sanatan economics. It is not "kuch bhi" it is based on ancient principles of Bharat.
Always amaze to hear Ankit ji he is very knowledgeable.
आपकी समझ जानकारी masterclass है हम सभी भारतवासियो की तरफ से आपको बहुत बहुत आभार।कृपया यह भी बताए भारत के चार पूर्वी राज्यो को औद्योगिक रुग्णता बीमार बिजनेस इको सिस्टम राजनैतिक अराजकता से कैसे छुटकारा दिलाया जाय!
Congratulations Dr.Ankit Shah.
Congratulations Dr. Ankit.
Congratulations Mr. Ankit Shah
Congratulations Dr .Shah
Explanation needed in Tamil
Congratulations Dr Ankit Shaw
Congrats Mr.Ankit.
Congratulations Dr Ankith shah. From Dr Dayananda patel
Brilliant analysis and correct observations that so called overrated Ivy leagues can't dream of creating
true
What ever he is saying has been predicted by many before on internet for years.
Still no plans for gold based dollar.
Also check comments section his PhD is not from IIM it seems.
Also ask him where did he learn "sanatani economics ".
@@alpeshmittal3779 Sanatan economics is ideas from Arth Shastra and our scriptures
Important contribution of Dr Ankit Shah is that he is bringing those ideas in language and context of today's problems
@Sonal Sahay it doesn't have any economic theory.
Just because we had economic system like every other nation doesn't mean we had economic theory.
Economics is soft science and science is
one for whole humanity.
Instead of assuming things eg he has PhD from iima ( which it seems now he doesn't) why don't we ask this gentleman what does he mean by sanatani economics and which book or school did he learn it.
He also spreads lies like adani didn't receive any public bank support leave alone massive govt support he received.
Stop worshipping anything in name of sanatan. Read history of economics and banking before judging anyone as scholar.
@@sonalsahay723 Well said. Exactly.
Dr shah is spot on. I enjoyed the conversation .👏👏
Congratulations Dr. Ankit
I just want to add only one point with Mr shah thought.... To me this ongoing war is just opened the eyes of whole world that why de dollarisation is compulsory and it's really a honor Mr shah to have you, please open a coaching class to groom our latest generation
Nobody knows when de$ will happen. This happened before with the Euro. Twenty years later $ is still king. So take all this talk with a huge grain of salt. There is no substitute to the $. Period!
@@johndoe-vc1we well .... To me you should understand the reality, yr example is true but current scenario is perfect for dedoolarrisaton and that you will see once bricks currency will announce.
@@deepjha836 he has explained one way but how much impact will it have on the $? Keeping five currencies of your largest trading partner. Repeat that for those five countries. See the problem?
@@johndoe-vc1we well time is the best medicine.. For you and for whole western world. We'll see
@@deepjha836 yeah, he has never been interviewed by any westerners. Would be interesting to see how he fares
The dollar is not at risk at all. $7tn in currency trading occurs every single day. 90% of that trading in currencies around the world is done on the dollar…" Raman iyer from Dallas Texas
If it could withstand the advent of the euro then why will this time be different? Can't see why
59 pc not 90
Bharat should not trust west or it’s allies blindly. Entire planet is working with sole aim of regime in 2024 in Bharat.
So well articulated by Dr Shah.. Kudos.
Great speech Dr.Shah.
Great analysis God bless you ❤
Congratulations Dr. Shah.... Very Informative...
Congratulations, Amrit Sir .
Congratulations Dr Ankit👏👏
Congrats Dr Ankit Shaji. I am your regular follower
जय श्री राम 💐💐🙏
Congratulations Mr Ankit Shah
Fantastic fantastic ❤. Great knowledge Mr. Shah 👍🏼
Congrats to Ankit shaw for achieving a Phd and thanks for for his news analysis.
Ankit Shah, you are music to my ears
He just says things which we like to hear doesn't necessarily truth. Eg fictional sanatan economics
Congratulations Dr Shah
Congratulations
Congratulations Ankit Ji
Great informative talk.
Are our local data centres sufficient to fulfill our needs? What needs to be done?
Wonderful insights
Fort Knox GOLD is not audited for last 50 years
Sree ji, this was a great session.
Sanctions can be countered by Dedollarisation.
Also Venezuela oil is being kept as a reserve for the US to buy in future.
Mavuluga undadu Mari ❤️
Brilliant analysis.
Very nicely presented similar strategy of capitalism (leading to wokism) and communism ( leading to radicalism) ...both have Very strong association with adharmic Abrahaminism ....but finally Dharma establishes after massive destruction.
What doctor Ankit is saying is happening in Karnataka through hijab case(radical approach.)
I really wish Ankit would be interviewed by people with a knowledge of economics. To date the people interviewing are out of their depth with him. This guy gives his own interpretations of developments that require better scrutiny.
34:27 interesting theory on the evolution of right and left and their downfall. And then the radicals take over. But tell me when are the radicals taking over the US? I don't see it. And No, I don't think Trump qualifies as a radical.
The pendulum shifts from left to right. So a radical takeover is not a given but an exception. Not only in the US but elsewhere too. Back and forth it goes. So what is the theory to explain the rise of the left or right to return to power? People get tired and choose an alternative. It's only when none exists do radicals take over 😉
Knowledge of adam Smith economics?
@@sreyanshuchaterjee3962 what about it
His ability to predict is scary...in the last 2 to 3 years by dint of sheer predictive abilities he has acquired a fame and fan following...financial nastrodamus...we call him that...his lenses are unique...he connects dots unlike anyone....
@@avinashchowdhary3468 and what about predictions he did not get right. Who's tracking that?
Congrats sir
Congratulation sirj 👍🕉🙏
2 brilliant brains ❤🎉
Any currency issued in any country if accepted the govt of that earns huge profits called seignirage which is biggest source of profit to central banks.
Congrats for your successfully completion for your Ph D.
4/5
What is forgotten in this choir on returns is the state of economically weak of the society with the lenders exploiting a need.
Every crisis when properly explored throws a new way. A renewed vision to look at the strengths and moving forward.
Each Nation has its strength like every individual. It becomes imperative for an Individual or a Nation, while evaluating the causes, look for solutions and if needed discard old practices how much so ever useful it may have been in the past and a burden now.
One such solution can emerge for banking.
Instead of searching solution in present banking format and financial quagmire, why not step aside and review. Origin of banking has the solution.
Present banking practices and bankers are unable to conceive a model without interest and hence dismiss any proposal even without a debate.
Now within this system, we must identify an Interest free banking model and a revenue model without interest at least for essential activities and economically weaker section.
Did you not hear this so called scholar talks about sanatani economics and end of so called communists "freebies ".
He is talking about using own savings to start business etc and gives example of Adani. As if adani didn't get help of public bank money leave alone the massive govt support that he receives.
He supports end of govt help to poor in the name of his fictional sanatani economics and people are going ga ga over him thinking he is genius from iima
Congreats ASha
World would be less and less dependent on any individual commodity in future.
Eg Everything going electric there would be less dependence on oil.
U.S. digital dollar will be based on blockchain technology not gold
But we would like to see the counter argument Shree ji!
My question is for sree iyer-
Nice videos. Tks. One question- Usa holding oil reserves without release you said- why?
All countries incl usa signed for becoming carbon neutral with definite time lines. They have mandates for phasing out oil based vehicles apart from others. Then why holding on to oil? When will they release - definetely before moving to carbon neutral status. Rgs. Drdd
🕉 Satyameva Jayate: Truth and Honesty and Reality gets created when Good Thoughts, Good Deeds, Good Acts are allowed to achieve the small steps needed for the correct choices and correct decisions to be made. Satyameva Jayate
No sir the bill passed in POK assembly nowhere mention pilgrimage or Sharda peeth. Pl listen Mr Bashani(barrister in Canada - of Pakistan origin) on Arvind Saharan you tube channel. I am a big admirer of Dr Ankit Shah.
mentioned or not, we will take over soon.
How will Usa counter de dollarization
🇮🇳🇮🇳🇮🇳भारत माता की जय 🇮🇳🇮🇳🇮🇳
Namastee🙏 Sir Sree Iyer & Dr. Ankit Shah.. (Ankitbhai 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 TH-cam 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!🙏
@Dr.Shah with USD currency having so much singular power has already caused so much havoc, don't you think SOFR again is too less diversified with USD transactions only in the basket eventhough they r actuals unlike LIBOR estimates?
Is the Canadian fires man made to facilitate gold and other mines....
45:55 Kya sirji! INR price of gold has gone up even more because INR has depreciated from ₹75/USD to ₹82/USD in last one year.
US digital dollar will be backed by blockchain technology not gold.
@@alpeshmittal3779 blockchain is a record keeping and transacting mechanism. Not a value backing.
@justathinker thank you for pointing that out. What was bitcoin mining all about ?
@@alpeshmittal3779 US dollar backed with printer ink., When the ink dries., they cant print anymore dollars.
@@alpeshmittal3779 Bitcoin "mining" was performing complex mathematical calculations which would give the solver free bitcoins, which can then be sold in the market.
This was designed by the inventor of Bitcoin.
Bitcoin is a digital item. Blockchain is the technology on which it operates.
Cheers
If this would have been in Hindi then it would have awesome.. Pls do think about it..
After Dedollarization why the exchange currency would be in dollar? It's should not...
One request pls make yr videos length max 20/30 Minutes. Thanks