De-dollarization is growing: Even the US Federal Reserve (reluctantly) admits it

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  • เผยแพร่เมื่อ 28 มิ.ย. 2024
  • Countries around the world are seeking alternatives to the US dollar. IMF economists say de-dollarization is "broad-based". The Federal Reserve reluctantly admits that it is happening. Ben Norton analyzes the latest research.
    Topics
    0:00 Examples of de-dollarization around the world
    3:11 IMF paper on decline of dollar dominance
    6:39 Dedollarization is "broad based", IMF says
    8:07 Western sanctions lead central banks to de-dollarize
    8:56 Gold: Why central banks are buying it up
    12:37 US Federal Reserve acknowledges dedollarization
    13:18 (Clip) Fed governor on de-dollarization "challenges"
    14:28 Fed governor's speech on de-dollarization
    15:38 Bitcoin & crypto are NOT an alternative to the dollar
    17:29 CBDCs: China-led mBridge system challenges dollar hegemony
    18:58 Fed governor discusses de-dollarization examples
    20:21 Fed paper on de-dollarization
    24:22 Outro
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ความคิดเห็น • 1.5K

  • @JustMe-wo6rv
    @JustMe-wo6rv 4 วันที่ผ่านมา +1001

    This is what happens when you abuse your power...

    • @whenisdinner2137
      @whenisdinner2137 4 วันที่ผ่านมา +10

      They were the reserve currency literally because they didn't...

    • @ysw8291
      @ysw8291 4 วันที่ผ่านมา +55

      Letting money control every aspect of your lives, that is the endgame for capitalism. I learnt this in grade 5.

    • @ballofcheese1340
      @ballofcheese1340 4 วันที่ผ่านมา

      😂🤡​@@whenisdinner2137

    • @zaklinakovace6792
      @zaklinakovace6792 4 วันที่ผ่านมา +53

      Romans were bullying their allies Italians who were dying for Roman expansions. They didn't want to give them even roman citizenship. History repeats itself

    • @riccij7754
      @riccij7754 4 วันที่ผ่านมา +7

      ​@@zaklinakovace6792America isn't Rome.

  • @teebone2157
    @teebone2157 4 วันที่ผ่านมา +616

    Our media won't mention it until the very end

    • @dessmith7658
      @dessmith7658 4 วันที่ผ่านมา +33

      The legacy media

    • @Wboooo
      @Wboooo 4 วันที่ผ่านมา +13

      When bankruptcy will have to be "official declared"! Tipical of our governments! 😢

    • @aja6383
      @aja6383 4 วันที่ผ่านมา

      Media along with the government ignoring reality and telling us everything is fine.

    • @lTandermthrust2001
      @lTandermthrust2001 4 วันที่ผ่านมา

      That is our government Modus opandi. They deny deny deny deny. And then begrudgingly acknowledge it. They deny the war in Ukraine as a proxy war at first but we all know what happen after the first year of the war.

    • @DemiGod..
      @DemiGod.. 4 วันที่ผ่านมา

      They are just propaganda outlets

  • @EricaWaters-lr6zw
    @EricaWaters-lr6zw 3 วันที่ผ่านมา +3763

    Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

    • @HRMColoniallifeinsurance
      @HRMColoniallifeinsurance 3 วันที่ผ่านมา +4

      With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

    • @ChloeCarter-kd7gz
      @ChloeCarter-kd7gz 3 วันที่ผ่านมา +2

      @@HRMColoniallifeinsurance With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

    • @JessicaKeith-uj1jq
      @JessicaKeith-uj1jq 3 วันที่ผ่านมา +2

      This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.

    • @ChloeCarter-kd7gz
      @ChloeCarter-kd7gz 3 วันที่ผ่านมา +2

      @@JessicaKeith-uj1jq Just research the name Desiree Ruth Hoffman. You’d find necessary details to work with a correspondence to set up an appointment.

    • @MohanKumarcb
      @MohanKumarcb 3 วันที่ผ่านมา

      ​@@HRMColoniallifeinsuranceinvest in gold in times of crisis like this

  • @donHooligan
    @donHooligan 4 วันที่ผ่านมา +649

    As a US citizen, everybody i know is exhausted from ignoring reality so hard.

    • @saturationstation1446
      @saturationstation1446 4 วันที่ผ่านมา

      cant cope when you've been told from birth that you're free etc. only to learn through practice that everyone and everything belongs to european loyalists who are actively dismantling the country to enrich themselves with in hopes that they will be able to come over here and take it over themselves.

    • @waltbroedner4754
      @waltbroedner4754 4 วันที่ผ่านมา

      Missinformation, censorship, and lies are all components of brainwashing. Reality and the truth does eventually overcome brainwashing.

    • @urrywest
      @urrywest 4 วันที่ผ่านมา +8

      I didn't find a Stein group in Chicago to collect signitures for.

    • @ryanchicago6028
      @ryanchicago6028 4 วันที่ผ่านมา +2

      Freakish. Good for you. 🏆

    • @JWFitness1
      @JWFitness1 4 วันที่ผ่านมา +42

      The people i know aren't exhausted. They just aren't paying attention. Blissfully ignorant.

  • @chrisl1088
    @chrisl1088 4 วันที่ผ่านมา +405

    Only when the dollar is destroyed can US hegemony be stopped. Thank you, Ben, for another outstanding video!

    • @lovestrong3582
      @lovestrong3582 4 วันที่ผ่านมา

      And we're getting close to that reality. We're at the end of an empire.

    • @Atomicpower131
      @Atomicpower131 4 วันที่ผ่านมา +7

      Outstanding job Ben!

    • @mandarinandthetenrings2201
      @mandarinandthetenrings2201 3 วันที่ผ่านมา +1

      Sorry, but he not talking about replacing the reserve currency all he list is a trade currency. That's normal.

    • @Uncanny_Mountain
      @Uncanny_Mountain 3 วันที่ผ่านมา

      _"All People's have the right to self defence from Colonial rule, including armed resistance"_
      UN Charter: Protocol 1
      Call for Government by People's Referenda:
      Peaceful Encampment of our Capitals until it's installed, or run Mascot Candidates
      Single Issue Referendums with thresholds and a social contract means Communities can vote their own laws.
      A Public Authority can audit police and prosecute bad cops in our own courts.
      Nationalise resources and give Indigenous peoples the right of Sovereignty over them as Guardians.
      This can be achieved through a General Strike or Velvet Revolution, much like the Occupy movement, peacefully occupying State Buildings until a People's Mandate can be implemented.
      With the appropriate checks and balances, you could have a national digital forum where qualified professionals can debate the issues in a public setting without all the disinformation and bad faith antics, hatespeech etc.
      Any vote would need to pass the 70% threshold, with a veto or _rewrite_ vote needing 30%.
      The issues would be debated, the public educated, and then a vote taken. Votes that fail will have to wait a year before trying again. Any new proposal (Citizen Initiated Referendum) would have to reach a threshold of support before it made it onto the register.
      This would be subject to a Social Contract (New Constitution) that forbids human rights abuses and discrimination.
      That can be written in the same manner based on the core principles we all share. Councils and Boards could operate in the same fashion at Scale.
      It works in a way that obligates people to better educate themselves ( that is to use logic and evidence in their reasoning ) for a better understanding of the issues, and then take collective responsibility for the outcomes. As opposed to the divisive US v them scapegoating and bi-partisan finger pointing the current Capitalist Pyramid Scheme runs on.
      Enough is enough
      We need a Party of Peace: Government by People's Referenda, either through Mascot Candidates or Peaceful Encampment of the Capitals until one is established.
      Make it an annual March on Oct 14
      Under a single white flag 🏳️
      You can copy/share 🙏
      It's about Peace and Democracy; don't give them anything to twist
      Done without shouting or banners, this strategy cannot be stopped once in motion
      It's time to #DECOLONISE 🕊️

    • @patrickboateng5643
      @patrickboateng5643 วันที่ผ่านมา

      Stop underestimating USA, USA 🇺🇸 was the world’s only super power even before the dollar was globalized. America is the greatest country ever and nothing can change that. In God, We trust💪🏻

  • @jeffreycheng5984
    @jeffreycheng5984 4 วันที่ผ่านมา +647

    "The Federal Reserve System is not Federal; it has no reserves, and is not even a system at all. But rather an international criminal syndicate."- Eustace Mullins.

    • @user-bu9dr3bn4b
      @user-bu9dr3bn4b 4 วันที่ผ่านมา

      Rothchild owned and pushed by throughout the centuries

    • @ryanchicago6028
      @ryanchicago6028 4 วันที่ผ่านมา

      Why did they have the meeting there?

    • @raptorhacker599
      @raptorhacker599 4 วันที่ผ่านมา +1

      Who is that?

    • @tommyeschung
      @tommyeschung 4 วันที่ผ่านมา +4

      Rip eustace he fought tge good fight

    • @absaly
      @absaly 4 วันที่ผ่านมา +23

      federal pirate reserves

  • @Perspectiveon
    @Perspectiveon 4 วันที่ผ่านมา +247

    Karma for bullies.

    • @augustodelerme7233
      @augustodelerme7233 4 วันที่ผ่านมา +10

      Indeed

    • @thedarkriver1
      @thedarkriver1 2 วันที่ผ่านมา +2

      Exactly!

    • @RedBlue-ns5cs
      @RedBlue-ns5cs 2 วันที่ผ่านมา

      Karma for being the most evil and ignorant country.

    • @Go_Against_The_Flow
      @Go_Against_The_Flow วันที่ผ่านมา

      😂 Bro Nothing happened yet. You celebrating too early

    • @Go_Against_The_Flow
      @Go_Against_The_Flow วันที่ผ่านมา

      Outcome of Ukraine war will decide the future.
      If Ukraine succeeds, Saudi (and few more countries like it) will Not be Much of problem for USA (and 50+ countries) 😂 , if you know what I mean..
      Israel alone can make sure Saudi stays in line, if you know what I mean
      If Ukraine falls to Putin's hand, yes Then you will know Usd will suffer. Otherwise your happiness will stay inside such youtube propaganda only 😂 with Help of a lot of copium

  • @dessmith7658
    @dessmith7658 4 วันที่ผ่านมา +253

    Bye bye American pie

    • @matthorrocks6517
      @matthorrocks6517 4 วันที่ผ่านมา +15

      Drove my Chevy to the bank but the bank had run dry.

    • @pouwakaruwhiu8349
      @pouwakaruwhiu8349 4 วันที่ผ่านมา +1

      @@matthorrocks6517 😂😂 love it 👍 from Australia 🦘

    • @zayn6687
      @zayn6687 4 วันที่ผ่านมา +6

      I'm happy too, they need to learn some lessons, the world is tired of the empire.

    • @Uncanny_Mountain
      @Uncanny_Mountain 3 วันที่ผ่านมา

      No Angel born in Hell
      Could break that _Satan's Spell!_ 🎶
      ...

    • @EstevanBonilla
      @EstevanBonilla 2 วันที่ผ่านมา

      @@zayn6687 shoot, the citizens ourselves are battling the damn dictators. They keep making decisions against us. None of us wanted these wars nor did we want to send money to those countries for “aid.”
      They do not speak for all of the American people.

  • @bravozulu3257
    @bravozulu3257 4 วันที่ผ่านมา +101

    Why should one country control everything. Fear of being sanctioned and people suffering is not normal. Let everyone benefit.

    • @josephine4611
      @josephine4611 4 วันที่ผ่านมา

      And then the citizens cry about immigration, as if making only a few countries liveable wasn't creating that very natural desire to live in a country that isn't filled with war and famine..

  • @siewkonsum7291
    @siewkonsum7291 4 วันที่ผ่านมา +166

    US kills its gold eggs laying goose. 😂😂😂
    Annually the Swift earns 3% fee on all international trade & commerce transactions via Usd, which amounts to whopping Usd600 billions! This is obscene! Now by de-dollarization, it will gradually decline to so little!

    • @jordansoviet23
      @jordansoviet23 4 วันที่ผ่านมา +15

      And all of the inflation rate that they also exported to every country with their dollars will end as well.

    • @Uncanny_Mountain
      @Uncanny_Mountain 3 วันที่ผ่านมา

      Plus their entire economy is based on war, and their entire fleet just became worthless scrap...

  • @512Berlinetta
    @512Berlinetta 4 วันที่ผ่านมา +145

    If the US was an animal, it'd be on ostrich with its head in the sand, but pretending to be an all-powerful King of the Hill............. ROFL

    • @everforward8651
      @everforward8651 4 วันที่ผ่านมา +7

      Thanks for my laugh of the day.

    • @MatewanMassacre
      @MatewanMassacre 4 วันที่ผ่านมา +2

      I don't know why you think all of that is funny, or hilarious.
      This ostrich, that you talk of, is still armed with nuclear weapons.

    • @512Berlinetta
      @512Berlinetta 4 วันที่ผ่านมา +13

      @@MatewanMassacre If these dingbats take us to Doomsday, we might as well laugh!

    • @LilAbortedJesus
      @LilAbortedJesus 4 วันที่ผ่านมา

      I tell you hwat, that boy ain't right.

    • @sunofpeter2
      @sunofpeter2 4 วันที่ผ่านมา

      What ever the US government is, it is not an ostrich. If it was a person it would be a narcissistic sociopath serial killer.

  • @thrillrtflc
    @thrillrtflc 4 วันที่ผ่านมา +45

    Weaponizing the USD was the stupidest thing the US could have done.

  • @devilmaycryhard
    @devilmaycryhard 4 วันที่ผ่านมา +266

    The world is learning from the West and "derisking"

    • @kevinjohnson9533
      @kevinjohnson9533 4 วันที่ผ่านมา +2

      LOL. what's good for the goose ...

    • @cottagegymfun
      @cottagegymfun 4 วันที่ผ่านมา +6

      Bingo ! Diverse out of Dollar is for the good of everyone.

    • @nobody4y
      @nobody4y 3 วันที่ผ่านมา

      @@cottagegymfun That won't happen , one big shark will get replaced by another.

    • @Uncanny_Mountain
      @Uncanny_Mountain 3 วันที่ผ่านมา

      ​@@nobody4y "Jewish Totalitarianism is better than Democracy "

    • @Jay-T283
      @Jay-T283 2 วันที่ผ่านมา +1

      It’s crazy that we literally had alll the money in the world & made it a worse place. Think if we spent that trillions we had spent on the Iraq War to make our country and the world better. For $1 billion we literally wouldn’t have had to go to war.

  • @maxmurphy7306
    @maxmurphy7306 4 วันที่ผ่านมา +154

    Half of my American citizens are broke , poor or homeless 😢 It's a great news for us.

    • @anasttau9908
      @anasttau9908 4 วันที่ผ่านมา +7

      In EU is the same, most of the population is broke

    • @God.is_Great
      @God.is_Great 4 วันที่ผ่านมา

      Rest of them are supporting Hamas , Gender neutral and environmental protests.. which btw is least concern of Asia and Africa...we now laugh at Biden when he doesn't take any action on China or Houties or Hamas or Taliban...the US taxpayer money is being used for Ukraine and Pakistan..so sad..but a reality

    • @mandarinandthetenrings2201
      @mandarinandthetenrings2201 3 วันที่ผ่านมา +3

      Right now with NAFTA, America, Canada, and Mexico currently make up about 1/3 of the entire worlds GDP. Mexico alone has a economy bigger than that of all of Eastern Europe combine. Sorry, but I'm not seeing it.

    • @supahsmashbro
      @supahsmashbro 3 วันที่ผ่านมา

      @mandarinandthetenrings2201 It's a simple fact that 56%~ of Americans live paycheck to paycheck, they can't afford a $500 emergency. You can Google it, that's the case. The other half doing pretty decently I suppose, but getting worse unless you're the top 10%

    • @Uncanny_Mountain
      @Uncanny_Mountain 3 วันที่ผ่านมา +8

      Should have been more responsible as a people
      You let your leaders commit 20 years of genocide
      What did you think was going to happen
      Hope the trinkets and blockbuster movies were worth it

  • @xdxdx4085
    @xdxdx4085 4 วันที่ผ่านมา +130

    the US: stop printing money for useless purposes such as funding wars or your world architecture based on the dollar will go to shit,

    • @AlexD-os8hw
      @AlexD-os8hw 4 วันที่ผ่านมา +8

      Hehe. Money printer go Brrrr.

    • @mikehughes8023
      @mikehughes8023 4 วันที่ผ่านมา +7

      It has already started.

  • @rollwithit5150
    @rollwithit5150 4 วันที่ผ่านมา +98

    As a American, We brought this on ourselves, as far as my standard of living goes, that really does not matter to me, I don’t owe no bank nothing, no loans or credit cards of any kind. Standard of living for most Americans is debt , no debt is refreshing

    • @captainsparrow8435
      @captainsparrow8435 4 วันที่ผ่านมา

      God bless you, you seem wise. As a child growing up I always saw the U.S as the saviour of the world, through television and other sources of media! It was a big lie.. the biggest victims are the American people who have had unpayable debt dropped on their toes that their grand children will have to pay back. I wish I could help but I live in a country that has its head stuck up America's Ass and we are in the same boat.

    • @peterfischer5459
      @peterfischer5459 4 วันที่ผ่านมา +7

      As an Aussie, same here. My biggest concern here, when TSHTF, how safe will it be. Hopefully we will be brave enough and smart enough to pivot East in a timely fashion.
      The cost of living crisis here is beginning to really bite now.

    • @tutnod2449
      @tutnod2449 4 วันที่ผ่านมา

      Don't include me in "we". I never voted for the creation of the un-Federal Reserve or to go off the gold standard. That was ALL decided by corrupt politicians long before I was even born.

    • @mhrjnprazol
      @mhrjnprazol 4 วันที่ผ่านมา +1

      Facts 💯💯

    • @Heaven596
      @Heaven596 4 วันที่ผ่านมา +1

      When dollar break down, the debt clear up.

  • @jerronng6036
    @jerronng6036 4 วันที่ผ่านมา +195

    Kudos to Multipolar world with no USD hegemony.

  • @idrismohd1501
    @idrismohd1501 4 วันที่ผ่านมา +49

    The arrogance of the US brought this upon themselves.

    • @intraffic007
      @intraffic007 2 วันที่ผ่านมา

      The Citizens are to blame for the current state of our economy and our country

    • @intraffic007
      @intraffic007 2 วันที่ผ่านมา

      Even as this is going on I bet 85 percent of the country is oblivious to this situation right now

  • @jozette-pierce
    @jozette-pierce 4 วันที่ผ่านมา +52

    Our Congress is to blame with their drunken sailor spending, and "Frenemies" like Zelensky & Netanyahu, who Drag the U.S.A. down with their horrible leadership and profligate spending..
    As an American, I am sorry, but I absolutely understand why these countries are protesting in this manner.

  • @mdanik1361
    @mdanik1361 4 วันที่ผ่านมา +445

    Sorry but the west is not the supreme leader of the world anymore. They've even lost to a country like Bangladesh in the election matter. The west is afraid of India and China and now Russia is becoming a headache to them😂

    • @paulaheady8990
      @paulaheady8990 4 วันที่ผ่านมา

      Without US lethal lawlessness and greed, we could have all been friends

    • @bungkusi2432
      @bungkusi2432 4 วันที่ผ่านมา

      US election is the beacon of democracy
      We can know the results of 2024 election before it happened.
      No matter who win in 2024, Netanyahu will be their boss.
      😅😂😅😂😅😅😅😅

    • @defjam137
      @defjam137 4 วันที่ผ่านมา +53

      I don't think anyone's afraid of india lol. Suspicious maybe, but not afraid.

    • @TeeTee-zm2re
      @TeeTee-zm2re 4 วันที่ผ่านมา

      😂 Indians always bigging themselves up​@@defjam137

    • @Unfollowthem
      @Unfollowthem 4 วันที่ผ่านมา +20

      Bro India should focus on internal matters too... Braking Democracy is threat to nation

  • @stevezodiacXL5
    @stevezodiacXL5 4 วันที่ผ่านมา +150

    In 1714, there was a battle between an English and a Norwegian ship.
    The Norwegians ran out of cannonballs, so they sent a boat over to the English asking if they could borrow some so as to be able to continue the fight. (The English said no).
    Likewise, if the USA wants to go to war with China, they will have to go cap in hand to the Chinese, to ask if they can borrow the money to be able to do it.

    • @bertanelson8062
      @bertanelson8062 4 วันที่ผ่านมา +28

      Exactly.

    • @DemiGod..
      @DemiGod.. 4 วันที่ผ่านมา +1

      As a cyclist , I wont be happ[y, as that is where bicycle frames are made aswell and taiwan. Due to trade lanes being sut down , probably wont get japanese stuff either like shimano etc. And all so america can crush them, like they trying with russia to become the sole superpower.

    • @ReynaldoVillaceran-jv1je
      @ReynaldoVillaceran-jv1je 4 วันที่ผ่านมา +3

      Funny but that is true.

    • @skutchBlobaum
      @skutchBlobaum 4 วันที่ผ่านมา

      Not really, the US sells bonds to the wealthy US citizens who collect interest from it. That's where most of our debt comes from and why. China owns some of our debt but is getting rid of it because it wants to get out from underneath the dollar which is really backed by violence.

    • @ysw8291
      @ysw8291 4 วันที่ผ่านมา +4

      And China will say yes for the sake of the higher interest the Americans are willing to pay. Chinese ethos has always been make money not war. You win I win.

  • @tortoise1953
    @tortoise1953 4 วันที่ผ่านมา +53

    is only a common sense to trade with local currencies with cheaper transactions.......why use mafia currency

  • @Lyra0966
    @Lyra0966 4 วันที่ผ่านมา +79

    Great content, Ben. The demise of the US dollar as a reserve currency and as the major oil trading currency can not come soon enough. Most nations of the world outside of Europe are sick and tired of US imperial domination, sick of US wars, and sick of US bullying.

    • @lesbonsamis8171
      @lesbonsamis8171 4 วันที่ผ่านมา

      Europe isn’t happy with US domination. Europe is controlled by them. News on TV are lying, politicians are traitors. And the banks punish you if you try to go out of this system.

  • @simonhodges6084
    @simonhodges6084 4 วันที่ผ่านมา +122

    China is unloading $$$s and buying gold at the very cheapest prices thanks to the FED bidding the gold price down on paper futures markets with printed $$$$$s.

    • @hi-if7lj
      @hi-if7lj 4 วันที่ผ่านมา +6

      So true

    • @MatewanMassacre
      @MatewanMassacre 4 วันที่ผ่านมา +4

      I guess you missed that Financial Times articles, that Ben referenced, which talked about the inflation of gold prices??
      Why would the Chinese want to "(buy) gold at the very cheapest prices," as you say?
      That would imply that they're actively devaluing their holdings? Pay attention.

    • @MDNQ-ud1ty
      @MDNQ-ud1ty 4 วันที่ผ่านมา +4

      @@MatewanMassacre That does not imply that.

    • @milexiangyangli5666
      @milexiangyangli5666 4 วันที่ผ่านมา

      ​​​​@MatewanMassacre - (China) - 🇨🇳 🇨🇳 🇨🇳 🇨🇳 🇨🇳 - is - (Buying) - (Gold - Bars) - ✋️✋️✋️✋️✋️ - (The - US) - 🇺🇲 🇺🇲 🇺🇲 🇺🇲 🇺🇲 - is - (Buying) - (Paper - Contracts) - 🤣🤣🤣🤣🤣 -

  • @conniedean3787
    @conniedean3787 4 วันที่ผ่านมา +55

    We all get sick, some governments pay for this, it cost billions of dollars

    • @user-fz3gc3bw1c
      @user-fz3gc3bw1c 4 วันที่ผ่านมา +5

      Like Canada 🇨🇦 🙄

  • @db-jk8dl
    @db-jk8dl 4 วันที่ผ่านมา +36

    Dedollarization is sovereigntization.

  • @Annie-wf4um
    @Annie-wf4um 4 วันที่ผ่านมา +26

    When you abuse your power, you loose your power!!

  • @kasikwagoma6740
    @kasikwagoma6740 4 วันที่ผ่านมา +122

    My grandparents from Africa will be so happy had they been alive to see the west humbled, after centuries of humiliating others, bullying, cajoling, terrorising and interference in countries of the whole world..... I am so happy enough is enough.

    • @kenw.4539
      @kenw.4539 4 วันที่ผ่านมา +8

      They may start WWIII to prevent that. If the US survives WWIII, they can declare the US debt null and void.

    • @lilacer6841
      @lilacer6841 4 วันที่ผ่านมา +1

      ​@@kenw.4539yep

    • @mossablahmaza
      @mossablahmaza 4 วันที่ผ่านมา +20

      ​@@kenw.4539 not gonna happen ,everybody's got nukes now

    • @doobtom271
      @doobtom271 4 วันที่ผ่านมา

      ​​@@kenw.4539W3 is already happening in a different form. Tech & Trade wars, proxy wars in different regions, SARS Covid bio wars, fake news media wars, weaponized dollar financial sanctions. American allies can find exexuses to freeze Russian or Chinese assets.

    • @Tellzel107
      @Tellzel107 4 วันที่ผ่านมา +4

      We Africans alive today are happy ourselves and happy on their behalf.

  • @davidlee9493
    @davidlee9493 4 วันที่ผ่านมา +131

    U.S. is reaping what it sowed.

    • @mhrjnprazol
      @mhrjnprazol 4 วันที่ผ่านมา +5

      Facts 💯

  • @sendmrtube
    @sendmrtube 4 วันที่ผ่านมา +56

    USD = Unwanted Sanctions Dollar (gradually)

  • @alrent2992
    @alrent2992 4 วันที่ผ่านมา +36

    The u.s. dollar is becoming less influential.

  • @samsak5869
    @samsak5869 4 วันที่ผ่านมา +34

    Average Americans dont even have dollars to drop 😂

    • @SR-mv2mf
      @SR-mv2mf 2 วันที่ผ่านมา

      😂😂🎉

  • @robertward8035
    @robertward8035 4 วันที่ผ่านมา +34

    We had a good run. It's history. The world changes. It moved from the pound once. Who knows, it might be better in the long run.

    • @lesbonsamis8171
      @lesbonsamis8171 4 วันที่ผ่านมา

      History will just repeat itself, but with a new empire. From the west to east but soon with the same way to dominate and shut down freedom.

    • @christianogbuokiri3384
      @christianogbuokiri3384 3 วันที่ผ่านมา +1

      Nothing good about ur run, u left the world in terrible n resentful place. Kids would have done a better run.

  • @JosephSolisAlcaydeAlberici
    @JosephSolisAlcaydeAlberici 4 วันที่ผ่านมา +112

    If the USD's reserve currency status were to be removed right now, the average American standard of living would plummet by half overnight, so its GDP PPP per capita level would converge towards Spain or Portugal levels.

    • @dessmith7658
      @dessmith7658 4 วันที่ผ่านมา +18

      How are the mighty fallen

    • @sandy29tu
      @sandy29tu 4 วันที่ผ่านมา +9

      Half! I guess 1/10.

    • @stormbear7330
      @stormbear7330 4 วันที่ผ่านมา

      USA debt clock per US citizen is now nearly $700,000.00 USD no way can the USA pay back its $35 Trillion in debt, its a bankrupted nation already, as its incapable of repaying its own debt.

    • @pkia898
      @pkia898 4 วันที่ผ่านมา +6

      So would the world's economy. And living standards 😂

    • @raymonddon8875
      @raymonddon8875 4 วันที่ผ่านมา

      China defeated usa

  • @TryRickPayton
    @TryRickPayton 4 วันที่ผ่านมา +216

    God has given the power to Russia and China . The US has ran it's coarse.

    • @raymonddon8875
      @raymonddon8875 4 วันที่ผ่านมา

      usa now is giving the torch to china!

    • @T.S.1020
      @T.S.1020 4 วันที่ผ่านมา +16

      If Russia and China play their cards right. They can potentially provide alternatives to the existing global financial mechanisms.

    • @ryanchicago6028
      @ryanchicago6028 4 วันที่ผ่านมา +4

      God definitely supports the IDEA (IKEA?) of the BRICS; but childs games don't add up. They need to pay! And, traditionally, you might say that the might of Russia and China had already run ITS course. But, this all took place way too fast, leaving very few desired options left, to memory.
      I feel that this "new" way might not be OK with the "old"; but it's encouraging that people are considering ANYTHING else, so that Morality can be returned to the people - who deserve something better, to remember.

    • @kevinwilkins7851
      @kevinwilkins7851 4 วันที่ผ่านมา

      Chinese are wonderful except they adopted neoliberal housing policies that have proven disastrous. Their economists were educated by Chicago School scum.

    • @MatewanMassacre
      @MatewanMassacre 4 วันที่ผ่านมา

      course*

  • @boyibolomi2086
    @boyibolomi2086 4 วันที่ผ่านมา +14

    Dollar hegemony is a form of economic colonialism

  • @giftofgodstarnorth6363
    @giftofgodstarnorth6363 4 วันที่ผ่านมา +48

    Ben as always, you are spot on with your economic analysis ‼️‼️‼️‼️

    • @Astroqualia
      @Astroqualia 2 วันที่ผ่านมา

      Except for the part where his language assumes every central bank is ran by the government of that country.
      This is still gatekeeper level information. Folks who've stufied it know the IMF cartel with the private banking families run the world at this point.

  • @eskutts
    @eskutts 4 วันที่ผ่านมา +23

    Dominating and disrespecting allies and almost every other country over past several decades brought about America's downfall in the recent years. Besides every country will do everything possible to protect their own currency from falling as rising dollar will always bring high inflation in other countries. Hence all countries in the world are now looking for alternatives other than the US dollar as a payment method. There is nothing unfair in this as countries are taking measures to protect their own economy and citizens. High time everyone understood these things.😎😎😎

  • @jubai12345
    @jubai12345 4 วันที่ผ่านมา +24

    Thank you Ben., for all your time and efforts. Nothing in this realm will last forever. Especially when there is no justice, fairness and Equity amongst the nations and the so called super powers.

  • @abrahamhaick4058
    @abrahamhaick4058 4 วันที่ผ่านมา +17

    The signal is clear - "we're fed up with the United States bullshit.

  • @seikatsuseikatsu1175
    @seikatsuseikatsu1175 4 วันที่ผ่านมา +92

    thanks God...we have china and russia....awesome

    • @johnlance-bu6jj
      @johnlance-bu6jj 4 วันที่ผ่านมา +6

      A very wise statement .

  • @ttystikkrocks1042
    @ttystikkrocks1042 4 วันที่ผ่านมา +16

    I learn more about global economics here than anywhere else. Keep up the great work!

  • @jon_nomad
    @jon_nomad 4 วันที่ผ่านมา +15

    Using the US currency can be very expensive and comes with conditions... any wonder why many countries choose to dedollarise??

  • @dannydenison6253
    @dannydenison6253 4 วันที่ผ่านมา +10

    Gotta stop that "genocide money"

  • @eugen-pr6lg
    @eugen-pr6lg 3 วันที่ผ่านมา +164

    Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $8,000 and got my payout of m $270,500 every months,God bless Christy Fiore 🇺🇸🇺🇸🇺🇸..

    • @Omen-id6xg
      @Omen-id6xg 3 วันที่ผ่านมา

      Hello!! how do you make such monthly, I’m a born Christian and sometimes I feel so down of myself 😭 because of low finance but I still believe God

    • @PanagosHaire
      @PanagosHaire 3 วันที่ผ่านมา +1

      Hi that's good you have idea &share to those who deserve it that's great god bless🙏🙏

    • @Andrea-hy8df
      @Andrea-hy8df 3 วันที่ผ่านมา +1

      She's a licensed broker here in the states🇺🇸 and finance advisor.

    • @Andrea-hy8df
      @Andrea-hy8df 3 วันที่ผ่านมา +1

      After I raised up to 525k 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.

    • @sheltonunrabbe
      @sheltonunrabbe 3 วันที่ผ่านมา

      Can I also do it??? My life is facing lots of challenges lately

  • @minma02262
    @minma02262 4 วันที่ผ่านมา +10

    US are too arrogant. Decoupling from dollar is best approach to grow own economy.

    • @nimetbelhoula5462
      @nimetbelhoula5462 วันที่ผ่านมา +1

      Not only arrogant but they lie as usual.

  • @SHAAAaaaOLiiiiN
    @SHAAAaaaOLiiiiN 3 วันที่ผ่านมา +5

    BRICS is the hope for a normal, equal world for everyone.

    • @ricardop9196
      @ricardop9196 วันที่ผ่านมา

      You know what those shot nations have in common? They immigrate to the west hahahahah

  • @PaoloKnuth
    @PaoloKnuth 4 วันที่ผ่านมา +9

    Dedollarization is slow till it is not. The speed of dedollarization is going to increase more and more.

  • @fastshootmmmm
    @fastshootmmmm 3 วันที่ผ่านมา +9

    Let Americans use their own limitless toilet paper

    • @intraffic007
      @intraffic007 2 วันที่ผ่านมา

      I don’t even have no toilet paper rn

  • @sheeny1710
    @sheeny1710 4 วันที่ผ่านมา +20

    Great video Ben. I’m feeling a sense of happiness after this!

  • @AndrewLambert-wi8et
    @AndrewLambert-wi8et 4 วันที่ผ่านมา +11

    POLAND HAS BOUGHT RECORD AMOUNTS OF GOLD.

  • @muhammadzafar6314
    @muhammadzafar6314 4 วันที่ผ่านมา +10

    US dollar will use as a toilet paper globally

  • @wasleyborges2016
    @wasleyborges2016 4 วันที่ผ่านมา +41

    🇧🇷 De-dollarization is happening. Brazilian and Chinese companies are settling trade in local currencies. Brazil is buying cheaper oil from Russia, also in local currency. China is not an emerging country. They are reclaiming the status of the greatest super power, which has belonged to them for the last four thousand years

    • @Godfrey544
      @Godfrey544 4 วันที่ผ่านมา +1

      That’s not true. They were never a superpower they were just part of a large market that involved India. That’s why our ancestors the Portuguese were looking for INDIA. S. E. U. R E. -T A R dado

    • @multiplierfx6429
      @multiplierfx6429 4 วันที่ผ่านมา +1

      @@Godfrey544 Learn proper history. India is the Brits' creation after it lumped together all the territories of all the khanates and kingdoms that it conquered in that subcontinent. The biggest economy and most advanced civilization has always been China, a status it has reclaimed for 5 or 6 times already.

    • @shah1668
      @shah1668 4 วันที่ผ่านมา

      China economy are going doom also. corrupt society. nobody going to win this. no more superpower. let world live in peace.

    • @Godfrey544
      @Godfrey544 4 วันที่ผ่านมา

      @@multiplierfx6429 it was still called "As Indias" by the Iberians. you're the one who needs to know history. The Europeans identified the eastern markets as something of india not china. which indicates that it wasn't china that was a massive super power, but ASIA which was a collection of lucrative markets. China itself was actually just a stangant society that kept getting defeated in battle by less numerous foreign groups like the Mongols or the Manchu.

    • @pmattieq5653
      @pmattieq5653 2 วันที่ผ่านมา

      Yes. Compare the stone age to the digital era. Lmao

  • @SAMARTBO
    @SAMARTBO 4 วันที่ผ่านมา +33

    people only want to join the winning side, when your USA start to so weak, people will leave

    • @jacksonprinter5792
      @jacksonprinter5792 4 วันที่ผ่านมา +5

      True, its the same way as when the US was winning everyone tried to move there. Human tendency has trying to survive.

    • @ZenoSamaOmniKing
      @ZenoSamaOmniKing 2 วันที่ผ่านมา

      ​@@jacksonprinter5792yeah also usa broke usssr because it was a threat to usa
      at that time usa also tried to break india but failed , thanks to ussr for saving india

  • @janetmalcolm3403
    @janetmalcolm3403 4 วันที่ผ่านมา +11

    Not a dull moment listening to this channel. The reporter speaks so eloquently. I have learned so much from you, Ben Norton. Keep up the good work. 👍 ❤
    Please subscribe, like, share, and convince others to tune in to Geopolitical Economy Report! 😊

  • @fundidoarrojo269
    @fundidoarrojo269 4 วันที่ผ่านมา +15

    Thanks Ben. Stay strong.

  • @DenisDeCharmoy-fl3ht
    @DenisDeCharmoy-fl3ht 4 วันที่ผ่านมา +11

    Thanks Ben Norton for the excellent report on end of the US Dollar.
    Shalom

  • @wenyu637
    @wenyu637 4 วันที่ผ่านมา +14

    I must listen all information from Ben ❤❤❤

  • @augustineugwu6954
    @augustineugwu6954 4 วันที่ผ่านมา +39

    US citizens: we're the world superpower 💪🏽😤
    2 minutes later: 😳😳😳

  • @Rambobambo007
    @Rambobambo007 4 วันที่ผ่านมา +9

    America is going down fast

  • @shinichikudoz
    @shinichikudoz 4 วันที่ผ่านมา +6

    and the mainstream news media not gonna post this that why there still so many ignorant americans didnt know what really happen

  • @maceomack2468
    @maceomack2468 3 วันที่ผ่านมา +5

    This isn't the US Dollar, it's the Federal Reserve Note. Fiat money, no better than Monopoly money

  • @yousufjaber4353
    @yousufjaber4353 4 วันที่ผ่านมา +8

    Thanks Bro for always to inform us and my God bless you long life good health and protect you from the evils!

  • @jaime6966
    @jaime6966 4 วันที่ผ่านมา +5

    This is good for the world! No country should have power over others.

  • @charlesyang4923
    @charlesyang4923 4 วันที่ผ่านมา +6

    De-dollarization does NOT mean de-dollar only, but dollar-centric western currency, monetary and financial system covering also a)EURO, Japanese Yen, Sterling (UK) as them all backed by nothing hard but credit which is losing by the day as we speak, and b)world bank and IMF that control any wealth denominated and transacted in Western currency.

    • @Sandalphon777
      @Sandalphon777 3 วันที่ผ่านมา +1

      BRICS nations have already agreed to trade among themselves using their plethora of multiple curriencies as equivalent across the board. They have also introduced a BRICS currency to the public sphere, an introduction if you will, in order to let the world know it's in the works. Pontificate and then, if you don't already know...look up the BRICS nations those who applied to join and those who've joined in the last few years...then piece it together.

  • @newtech5160
    @newtech5160 4 วันที่ผ่านมา +7

    Yes Dedollarization happening.

  • @macabee23
    @macabee23 4 วันที่ผ่านมา +5

    Best analysis of the de-dollarization process. Thank you, Ben.

  • @andyjones1982
    @andyjones1982 4 วันที่ผ่านมา +9

    This is a great channel. So many news items that I wouldn't hear of if not here.

  • @JustMe3.1415
    @JustMe3.1415 4 วันที่ผ่านมา +9

    Ben. Thanks again! For everything you share. And. Especially for this. An epic episode.
    Looking forward for more in the same vibe.

  • @nickl1177
    @nickl1177 4 วันที่ผ่านมา +12

    Excellent analysis Ben. Thanks

  • @Thechillpill-fr9ix
    @Thechillpill-fr9ix 4 วันที่ผ่านมา +8

    I can’t help but visualise the moment they passed the law allowing the US to sanction any country they didn’t like. With the biggest funded military on the planet and with 750 military bases worldwide, they must have vividly seen their enemies crushed militarily, economically or both. But their biggest mistake was to chose to have young whiz kids debating strategy with any real
    experience lacking, certainly of world history whilst having senile leaders in charge in favour of real statesmen like Modi or Putin. If this was a game of chess, it wouldn’t even be a contest, in football, a series of own goals.

    • @Uncanny_Mountain
      @Uncanny_Mountain 3 วันที่ผ่านมา

      Oded Yinon Plan 1982
      _"We will deceive the Americans after we have deceived all the rest"_

  • @VenturesAdventure
    @VenturesAdventure 4 วันที่ผ่านมา +11

    Great overview.
    Thanks for sharing this information with us. Thank you!

    • @dorothymartin8557
      @dorothymartin8557 4 วันที่ผ่านมา

      So what should Americans do for money now?

    • @VenturesAdventure
      @VenturesAdventure 4 วันที่ผ่านมา

      @@dorothymartin8557
      Not meddling in the affairs of countries around the World would help.
      Otherwise, get ready to live like humans in Africa do!

  • @yingxu7908
    @yingxu7908 4 วันที่ผ่านมา +10

    True information from Ben,thank you very much❤❤❤

  • @bno5357
    @bno5357 4 วันที่ผ่านมา +61

    I thank you GOD that I have China , Russia and Ben Norton.

  • @Zzznow8
    @Zzznow8 3 วันที่ผ่านมา +4

    Empires rise; empires fall

  • @JoeMachons
    @JoeMachons 4 วันที่ผ่านมา +6

    So long USA. It is time to suffer consequences

  • @midnighttrain-jz2my
    @midnighttrain-jz2my 4 วันที่ผ่านมา +10

    thank You Ben✌

  • @PeopleOverCapital
    @PeopleOverCapital 4 วันที่ผ่านมา +18

    Peace Ben. Can you start mentioning the year when talking about current events? I.e., when you mention Putin’s visit to DPRK, you say “in June” and I think for longevity’s purpose just to add “2024.”
    Don’t mean to be pedantic just a suggestion.

    • @TeeTee-zm2re
      @TeeTee-zm2re 4 วันที่ผ่านมา

      Good suggestion

    • @Emanon...
      @Emanon... 4 วันที่ผ่านมา +2

      There are dates on the articles he cites.
      He doesn't have to say 2024 every single time...

    • @PeopleOverCapital
      @PeopleOverCapital 4 วันที่ผ่านมา +3

      @@Emanon... not everybody is directly watching. Plus if you’re listening like a year or two from now it could be immediately confusing until you take time to clarify when the video was made.

  • @marlisilva6893
    @marlisilva6893 4 วันที่ผ่านมา +4

    Ben Norton is among de best journalists in the world!

  • @user-ib7qg5dq7g
    @user-ib7qg5dq7g 4 วันที่ผ่านมา +3

    Mr.Ben_Norton, I thank you for your excellence. You're a living legend !

  • @gregorycannon8859
    @gregorycannon8859 4 วันที่ผ่านมา +7

    The chickens have finally come home to roost.

  • @pouwakaruwhiu8349
    @pouwakaruwhiu8349 4 วันที่ผ่านมา +9

    Love your information thank you, from Australia 🦘

  • @tzardelasuerte
    @tzardelasuerte 4 วันที่ผ่านมา +4

    What happens with all that unused dollars? Do they find their way back to the US? Does this increase inflation in the USA?

  • @jonc6463
    @jonc6463 4 วันที่ผ่านมา +11

    Excellent analysis 🙏

  • @loktom4068
    @loktom4068 3 วันที่ผ่านมา +3

    Having mentioned this 3 years ago, sanctioning this and that too often to too many only find the KARMA of self destruction in the global world of trades and financial.

  • @Kasewaja7
    @Kasewaja7 4 วันที่ผ่านมา +5

    The de-dollarization is globally welcomed, yes, let every country respect its own currency. And the US Sanctions has been unnecessary too much.

  • @gregpeterson4348
    @gregpeterson4348 4 วันที่ผ่านมา +3

    Politicians have de-valued the dollar through unending spending. A $20 gold piece would buy a nice suit at the turn of the last century. It still will, but that gold piece value is now in the thousands of $. The value of gold has not changed, while the $ has crashed, which is why wise people seek to preserve their wealth in precious metals and not printed paper.

  • @user-T.Baldwin
    @user-T.Baldwin 3 วันที่ผ่านมา +3

    At first I thought this was obviously just FSB propaganda. But there are some well founded economic principles being addressed here, thanks Ben !

    • @kiwikemist
      @kiwikemist 15 ชั่วโมงที่ผ่านมา

      Everything I disagree with is FSB propaganda! 😂😂😂

  • @moises134561
    @moises134561 4 วันที่ผ่านมา +5

    Finally free of that war mongering nation!

  • @user-lb4gc8be6o
    @user-lb4gc8be6o 3 วันที่ผ่านมา +4

    The world 🌍 is Fed up with US Hegemony.....

    • @ricardop9196
      @ricardop9196 วันที่ผ่านมา

      You mean western hegemony

    • @user-lb4gc8be6o
      @user-lb4gc8be6o วันที่ผ่านมา

      @@ricardop9196 US Hegemony.
      USA is the number 1 crisis for the world 🌍🌍🌍....
      USA is the crisis creator....

  • @mansorosir5878
    @mansorosir5878 4 วันที่ผ่านมา +4

    to many sanctions and abuse of power

  • @RojerG-gc9hr
    @RojerG-gc9hr 3 วันที่ผ่านมา +1

    Thanks for the excellent update Ben have a groovy day today 😊

  • @Incountry
    @Incountry 4 วันที่ผ่านมา +5

    Trade should be in trade of minerals, oil, gold etc etc, ie; if you need oil but have gold you trade, if you want oil but have grain etc etc… but to the value of that is traded in its worth.. or just gold.

  • @andrey934
    @andrey934 4 วันที่ผ่านมา +5

    Доигрались в санкции. Санкции на тех, санкции на этих, короче на весь мир санкции. И многие стали потихоньку отказываться от доллара.

  • @bonanza27
    @bonanza27 4 วันที่ผ่านมา +2

    outstanding coverage Ben!! thanks 🙏

  • @raymonddon8875
    @raymonddon8875 4 วันที่ผ่านมา +17

    G7 = 7 nations and BRICS up 60 nations.

    • @officialme7077
      @officialme7077 4 วันที่ผ่านมา +8

      The Goofy 7

    • @raymonddon8875
      @raymonddon8875 4 วันที่ผ่านมา +8

      @@officialme7077 Godless 7

    • @raymonddon8875
      @raymonddon8875 4 วันที่ผ่านมา +5

      Godless 7

    • @loktom4068
      @loktom4068 3 วันที่ผ่านมา +1

      The Genocidal 7

  • @janayesierra
    @janayesierra 4 วันที่ผ่านมา +14

    What should we (Americans that opposes our government) be doing right now to prepare ourselves for this big change?

    • @millklint
      @millklint 4 วันที่ผ่านมา +7

      Try to buy gold

    • @JuwanBuchanan
      @JuwanBuchanan 4 วันที่ผ่านมา +5

      Pray and hope the Gods save you. Learn how to be self sufficient and grow your own food again.

    • @donHooligan
      @donHooligan 4 วันที่ผ่านมา +7

      grow food.
      Comfrey is a protein source you can grow in a flower bed.

    • @cheungchingtong
      @cheungchingtong 4 วันที่ผ่านมา +3

      “Political power grows out of the barrel of a gun.”
      “War can only be abolished through war, and in order to get rid of the gun it is necessary to take up the gun.”
      “In time of difficulties, we must not lose sight of our achievements.”
      - Mao ZeDong.

    • @ViolentCabbage-ym7ko
      @ViolentCabbage-ym7ko 4 วันที่ผ่านมา +5

      Buy and keep some physical gold and silver in your home along with some crypto in case of a bank run. You can buy an airline ticket with crypto as a last resort in case the bank card doesn't work

  • @Rastaferrari829
    @Rastaferrari829 4 วันที่ผ่านมา +3

    This is the world pushing back.

  • @c.cryder8398
    @c.cryder8398 4 วันที่ผ่านมา +2

    Great site. Thanks!

  • @dannieduplessis2432
    @dannieduplessis2432 4 วันที่ผ่านมา +3

    This is very good