GOLD prices are rising. Is it KILLING the US Dollar ? : Geopolitical Case Study
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- เผยแพร่เมื่อ 17 มิ.ย. 2024
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VIDEO INTRODUCTION:
If you are an Indian you know how much Indians love buying gold right??!! India loves gold so much that we are the second-largest consumers of gold in the world!!! Infact, Indian own so much gold that it is more than than gold that is held by the central banks of the USA, Germany, Italy, France and Russia combined!! While us holds only 8100 tons, russia holds 2332 tons, Indian consumers hold 21,000 tons of gold!!!
Now in the past 6 months, if you have been following the markets, something crazy has happened, while sensex gave 4.01% returns, Nifty gave 4.93%, the price of gold shot up by staggering 16.5%!! That is 4.11 times of Sensex and 3.34 times that of Nifty!!
You know why this is extremely strange?? Because suddenly in the past 2 years,the central banks all around the world are suddenly buying tons and tons of gold. Infact, recently, India moved 100 tons of gold back to India. And, while India bought 69 tons of gold,china bought 314.04 tons of gold, Poland in 2023 bought 130 tons,Singapore bought 125 tons and even the Czech Republic bought 75 tons of gold!!
So overall, there is a trend of gold stacking all across the world and the gold prices are touching unbelievable levels!!!
So the million dollar question is,
Why are central banks all across the world buying so much gold?
What are the most important global factors that are affecting gold prices right now?
And lastly as investors, should you consider investing in gold or not??
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✅Study Materials:
1. www.gold.org/history-gold/bre....
2. / how-us-dollar-became-w...
3. www.hillsdale.edu/educational....
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#thinkschool #businesscasestudy #geopolitics #gold #dollar #petrol #usa Credits: CNN-News 18, WION, NBC News, Money control pro, Business standard, TV18,Business Today, ABC news, CNBC, ET now ,Bloomberg originals, Financial Times, DW documentary, AL Jazeera English, BBC news, Firstpost.
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Yes, America is going down you should bet your life savings against the US dollar. It's the easiest money you ever made. You'd be hero in everyone's eyes. Bet against America and it's currency, do it!
⚠️⚠️Savekerala⚠️⚠️from📛130 yrs old ⛑️⛑️ Mullaperiyar😭😭dam collapse 🙏🏾🙏🏾🙏🏾 please do a awarness video on this
HI bro ,
nice vedio but small feed back
bro few of your vedios are facing some audio probelms on the duration time of the vedio
please try to fix it
thank you ......
How is odoo ensuring the confidentiality and security is retained and the documents are not stored in any servers inside or outside India. Is it not better to use adobe acrobat and outlook to ensure that documents do not reach any data miners.
The only thing dieing is Sandaschaap Pajeets braincell 😂😂
My grandma is 85+ years old but still asks about the gold prices every month .😂😂
And tells in their time gold was just 300 rs everytime 😂
Accurate @@amangarg8788
She might have hidden gold treasures thats y asking rate every day
Unko gold etf ya SGB gift may dedo 🙂
( Nixon shock 1971) will happen again in 2024 😎 But this time you won’t lose part of the value of your money, you will lose it all. US dollar ⤵️
Given the persisting global economic crisis, it's essential for individuals to focus on diversifying their income streams independent of governmental reliance. This involves exploring options such as stocks, gold, silver, and digital currencies. Despite the adversity in the economy, now is an opportune moment to contemplate these investment avenues.
The pathway to substantial returns doesn't solely rely on stocks with significant movements. Instead, it revolves around effectively managing risk relative to reward. By appropriately sizing your positions and capitalizing on your advantage repeatedly, you can progressively work towards achieving your financial goals. This principle applies across various investment approaches, whether it be long-term investing or day trading.
I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
I definitely share your sentiment about these firms. Finding financial advisors like Marisa Breton Dollard who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Excellent share, just inputted Marisa Breton Dollard on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal.
think school created the best international economics education video after several months discussing internal india. hats off
Well election is over
🤣🤣🤣🤣🤣🤣🤣🤣
Bro this is why our country is being looted by foreigners and our dear politicians, you guys are sooo Naive
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
Mind if I ask you to recommend this particular coach you using their service? Seems you've figured it all out.
My CFA ’ANGELA LYNN SCHILLING’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible. I booked a call session with her.
10:16 "Chilling in the desert" 😂
😆🤣
at night
I thought you would be explaining about petrodollar... I think it's linked with this.... But... This is awesome Ganesh.... You're a genius man... You just explained it so well and I think a 12 year boy can understand it very easily... Kudos to you and your team man... You're just doing brilliant work... Stay blessed man....😎😎😎
I was thinking same as it can create a huge impact on us dollar
Bro are you crazy, this video is very very mislead
I thought of the same thing...... maybe creators can make another video on this topic hopefully!
@gunisettyaruna9987 - My sentiments exactly!
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Betting on downfall of dollar.?
Amazing, informative video 😊 great job Ganesh 👏👏👏
Banks have 999 gold , Indian consumers have 50/50 copper something may be if shine then its gold !
One of the best videos of ThinkSchool. You have presented an analysis of a complex problem in a very interesting and factually correct manner. High respects and admiration @thinkschool
Perfect video to understand the power of if gold and how to manage your money with a steady growth 👌
Quite informative! Gold is so expensive that I am thinking to gift plastic jewellery to my wife to be. 😝
This is how Russia Ukraine war impacted us 😅
Ha hahahahahahahahahahahahahah
Did bro just think that she gonna accept that 😂
Gold to dikh jaega but heavy b hona chaiye
@@rahuld4122 Haan poora 50 tola plastic dunga 😎
Superb presentation of data, so easy to understand topics. Thank you for putting such efforts and hats off to your team for showing past trends and clear data views. I love watching your videos, very informative. Whatever doubts come to mind while watching your video, those are addressed in the next few minutes, such a beautiful thinking of you and your team. Appreciate it!
Great video! You did a fantastic job covering the intricate relationship between gold prices and the US dollar, offering historical context and current geopolitical trends. Here are some of my thoughts and questions:
**Key Points:**
1. The historical significance of gold in the global economy and its relationship with the US dollar.
2. The impact of World War II and the Bretton Woods Agreement on establishing the US dollar as the global reserve currency.
3. The transition from the gold standard to the petrodollar system.
4. The recent trend of countries diversifying their reserves into gold due to geopolitical tensions and economic instability.
5. The influence of consumer behavior in India and China on gold prices.
**Strengths:**
1. **Historical Context:** The historical overview was thorough and informative, especially the explanation of the Bretton Woods Agreement and its long-term effects.
2. **Geopolitical Analysis:** You provided a clear analysis of how geopolitical events like the Russia-Ukraine war influence global economic strategies.
3. **Consumer Insight:** The discussion on the cultural significance of gold in India and China added valuable context to the economic analysis.
**Weaknesses and Suggestions:**
1. **Complexity of Economic Theories:** While the video covered complex economic theories, some sections felt a bit rushed. For example, the transition from the gold standard to the petrodollar system could benefit from a slower, more detailed explanation. Perhaps breaking this into smaller segments would help viewers digest the information better.
2. **Statistical Data:** The video included several statistics, such as the US printing money and its effects on inflation and gold prices. It would be helpful to cite specific sources or display these statistics on the screen for better clarity and credibility.
3. **Investment Advice:** The advice to invest in gold via SIP (Systematic Investment Plan) was practical, but it would be great to hear more about the potential risks associated with gold investment, especially for novice investors.
**Questions for Clarification:**
1. **Petrodollar Dynamics:** You mentioned the pivotal deal between the US and Saudi Arabia establishing the petrodollar system. Could you elaborate on how this system has evolved in recent years, especially with the rise of renewable energy sources and potential shifts in global oil dependence?
2. **Central Banks and Gold:** While central banks are diversifying into gold, how sustainable is this trend in the long term? Are there other assets or commodities that might play a similar role in the future?
3. **Consumer Behavior in China:** The Chinese real estate bubble and its impact on gold investment were intriguing. Could you delve deeper into how the Chinese government's policies might affect future gold consumption trends?
You did an excellent job presenting a complex topic in an engaging and understandable manner. The use of historical examples and contemporary data to explain the rise in gold prices was particularly effective. However, a bit more depth in certain areas and clearer data presentation would enhance the overall quality and educational value of the video.
Thank you for this insightful video. Looking forward to your responses and future content!
@MrBlackjack456 As an adult watching this, I totally agree with all the points mentioned in your comment. But I will be sharing this video with my very young sons once their exams are done, and given their level of understanding, this video is perfect!! For all the points you mentioned *Weaknesses and Suggestions:* & *Questions for Clarification:* I too want an in-depth analysis since I lack a finance or economics background. Also, as you mentioned, it can come in Part-2, by which time this info would have been digested. PS: I also appreciate you taking so much time to express your thoughts cogently. (I am sick of idiotic comments on YT videos).😇😊
@@bluestormyseas8981 Thank you so much for your thoughtful response! I'm glad to hear that the video will be useful for your sons, and I completely understand how different levels of understanding can appreciate the same content in different ways. I appreciate your acknowledgment of my points and suggestions, and I'm with you - a more in-depth analysis would be fantastic!
I completely agree with you about the state of TH-cam comments, so it's refreshing to have a meaningful exchange like this. Thank you for your kind words and for taking the time to share your perspective.
What a video!!!! Basically it bores me to read about economy geopolitics but channel like think school are saviour which simplifies things for me who donot know anything about it and inspired me to have a small read too ..kudos ..keep up the good work so that we get to learn from you 🙌
1 TROY OUNCE IS 31.104 GMS. USD IS LINKED TO TROY OUNCE OF GOLD AND NOT OUNCE. PLEASE CORRECT IT. THANK YOU 👍👍
That's nonsensical unit anyways. ROFL.
Don't make mountain of a molehill.
@@mexicanmomo23 vs 31 gm is pretty significant
@@ayooshiyer8621 Especially when they give you 23 when you should be getting 31 😁😆
so neat and glad i have seen this -> Thanks Think School dude.
00:03 Indian gold consumption impacting global gold prices
02:19 ODO's eign feature simplifies document signing online
04:27 US strategic engagement in World Wars boosted economy and gold reserves.
06:45 Breton Woods agreement pegged currency to US dollar and gold
08:55 US Dollar dominance through World Bank and IMF
11:04 US dollar's dominance tied to oil sales in dollars
13:19 US Dollar was backed by gold, then by oil, and now by oil trade
15:31 Countries diversifying into gold due to decreasing confidence in US Dollar
17:27 US dollar printing is degrading reserves
19:22 Chinese shift to gold due to real estate and stock market performance
21:08 Gold prices are rising due to Chinese and Indian consumer demand, investor sentiment, and inflation.
23:05 Rising gold prices indicate global shift towards gold as a hedge against devaluing assets.
Crafted by Merlin AI.
this is my first video of think school, and definitely, it won't be the last!! the way you've explained complex world political history in 24 minutes, that too WITH DATA, it's so so so impressive! subscribed already!
Awesome.... You have excelled the Art Of Demystifying !!!
What an excellent video on such a complex economic+geopolitical topic! Kudos
My portfolio for the past 30 years has always been self managed and I own 3 shares of Berkshire Hathaway Class A stock (BRK:A) which I bought in at about $17,000 during the mid 90s, I’m currently liquidating some of these positions to incoporate new Gen. Stocks, but am I better off re-investing into Gold as it seems stocks are a little too unstable right now.
Invest in real estate, ETfs and high-yield savings account.
Awesome video, very well explained the history of USD and why countries are buying gold. Very well done 👍🏼
Superrrr vid think school....superrrbb detailed video
This just clears all the buzz that has been happening around US dollar and gold from past few months. Truly a very informative episode that too in a concise format,hats off!!
Ganesh this is very informative. I have noticed that from past sometime you have stopped providing Business lessons or where we as an entrepreneur can enter in with businesses, I know this video is more about investment but still I am letting you know.
Fantastic breakdown. Keep up the great work! 😊
Congratulations to the team for putting a complex topic in such easy to understand way. 👏👏Loved it, keep going.
Former IPS Officer says:- I was so upbeat when Shashi Tharoor came into politics in 2009. I still remember talking to so many of my NRI friends on how the politics of India will change for better with highly accomplished people and intelligent people like him joining politics. Then by 2013, I was disillusioned with congress and felt Anna Hazare supported by IITian Kejriwal, IPS Kiran Bedi, great actor Aamir Khan will usher in a new change in India. I even donated to India against corruption, went to Ramlila maidaan to shout slogans
Now if I look back at it, the only thing I can do is laugh at myself. But I am happy that I realised the biggest flaw in my thinking. The reason we support people like Shashi Tharoor or a Kejriwal is they are well educated. We are brainwashed from childhood that education is equal to goodness.
NO, IT IS NOT.
Chidambaram is MBA from Harvard and we all know what he did. Mani Shankar Aiyar is from Cambridge - We all know what kind of rubbish he speaks. Kapil Sibal is Harvard Law graduate and all he does is write mercy petitions for terrorists and sells beef.
It is not that congress didn’t have highly educated people in the party. There were lots of them but they were all crooks. And a highly educated crook is even more dangerous as he can dupe you in even more innovative ways.
Everyone from Islamic invaders to Britishers were supported by highly educated and intelligent Indians. Yes, you need them to lord over the country? So the rulers of India cultivated a group of crooks who were well read to rule over us and keep us poor. And Chachaji and his family also continued this trend and cultivated a group of highly educated crooks to rule India. Today we call this group as Lootyens as they stay in an area called Lutyens in Delhi and loot us.
What is the change that BJP and Modi brought into politics?
It made jokers like me realise that IVY LEAGUE DEGREES doesn’t make you a patriot, inculcate honesty or bring goodness.
But people who cultivate character, personality on the basis of ethos of Culture and civilisation of India have patriotism and goodness in them.
Do this experiment if you don’t believe me:
You go into any random RSS Shaka in any part of the country and any time in the year.
And see what they teach those students - Patriotism, Service, Goodness, Honesty and Simplicity.
It is done every day and all throughout the year.
Tell me which Ivy League Univ, IIT, IIM, St Stephens, Doon school or any school where you pay lakhs of rupees as fees teach it?
I have been to world’s top Universities, have 6 degrees but no where my education taught me patriotism or goodness.
It is my dad who taught me and the books I read written by Swami Vivekananda or the man I idolise Shaheed Bhagat Singh who did this.
RSS shakhas do it for all the Sangh goers everyday. Hence people like Modi are so patriotic and honest. I don’t care if he went to school or he has MA or not.
A person who reads Swami Vivekanand or goes to a RSS Shaka is any day better than a crook with IIT or Harvard degree. Yes that is what we need to realise.
Absolutely 💯💯💯
geman shepheard educated 17yr old kids wont agree with u.. as u mentioned rss, without even reading ur entire comment u wud be tagged andhbhakt (blind devotee of bjp) by them. and note, their views on avg goes 10+ million / per video, and viral goes to 30-36million.. the entire youtube leftist ecosystem supports them.
That's quite long for a comment.
Bot comment 😂
Well said
Amazing info. Hats off to you!! I usually don’t post comments. But the info in this video is just outstanding!!
Take a bow 🙏
Learnt something extremely valuable.... A heartfelt thank you 🙏🙏
I have been waiting for an episode on this geopolitical case study. I have seen a few other case studies on this situation but none of them explain it clearly. The evening is sorted for today. Much thanks ThinkSchool!
Super and simple explanation, thank you so much for making it simple.
One of the best..Think school
Articulation is so simplified, just can't skip any of your content.
Thank you for such learning information.
That’s the best explanation I have ever heard….about the de-dollarisation in progress…the reasons……very well researched….for a lay man like me….
The last thing you mentioned about SIPs is quite true there are some funds who are delivering close to 50% annual returns beating any other form of assets return.
The case with gold is so pungent because of its limited supply and whenever any economic turmoil is perceived by people they shift onto buying gold to preserve their assets.
I really love your videos 📸. They are so much helpful and your research work is just next level. Today no other creator is providing better insights than yours. I infact started loving those 1 hr long podcast. I just want to thank you as you are one of the reason why I started taking intrest in economics politics and geopolitics. And your spoken English is the best in TH-cam INDIA
PROUD TO BE A SUBSCRIBER OF THINK SCHOOL 🎒❤❤
LOTS OF LOVE BROTHER
Precious video those who understood upcoming economics. 🙏
What an amazing analysis 🎉❤❤❤
Congratulations you've got yourself a new subscriber
Such informative video in such easy to understand language. Also video and chart illustrations are superb
Present buddy ❤
Thank you for sharing.
Ye Dil Maange More ❤
very informative guys
well done
The quality of content is woah!!
Brilliant! Hats off to your explanation.
Excellent video as always Ganesh.. I would love to know your perspective on Bitcoin or Crypto currencies (Not shitcoins.. Only Stable Coins/Eth).. Do you think After gold, it's going to be one of the biggest asset world will look forward to?
It has already become a Major Election topic in US where Donald Trump fully supports Bitcoin.
Bro I have good understanding about bretton woods, dependency on dollar and reason of increase in prices of gold but you just made it so much clear and simple, Thank You❤❤
love the content of this channel. Everything is explained in detail with simplicity. Thank you ❤
Awesome.. well explained
*I love the grounded reality of this channel!!!*
Retirement took a toll on my finances, but with my involvement in the digital market, $27,000 weekly returns has been life changing. AWESOME GOD❤️❤❤
I'm in a similar situation where should I look to increase income? Do you have any advice? What did you do ? Thank you
Thanks to my co-worker (Alex) who suggested Ms Maria Luisa Abrams.
She's a licensed broker in the states 🇺🇸
Wow...I know her too she is a licensed broker and a FINRA agent she is popular in
US and Canada she is really amazing woman with good skills and experience.
Any comment on end of petrodollar agreement? I was expecting mention of that or it doesn’t matter..?
doesnt matter.. bcuz even if the deal expired, ask urself if u now trade oil with gulf rupee or local rupee can u use that for trade with other countries? NO Hence u wud actually force the gulf to trade oil in us dollars,otherwise u cannot have 2 separate reserve countries one of oil one for trading with others.... so yeah usa has hijacked the system, so much that even if all things go against usa,,, the system created by usa , forces everbody to use dollars,otherwise they dont have any other alternative to trade with ohter countries
As always, great content. Thank you!
Great explanation with a good mix of actual videos of the history and animation. Loved the content👍
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 $270,500 every months,God bless Christy Fiore 🇺🇸🇺🇸🇺🇸..
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
Thanks to my co-worker (Carson ) who suggested Ms Christy Fiore
I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Although I have watched a lot of TH-cam videos about it but I still find it hard to understand
Can I also do it??? My life is facing lots of challenges lately
she communicates on WHAT S A P P on the digits below>
I have liked the case study and have hit the Like button to make You Tube baba happy.
Excellent knowledge, relevant and consequential. Presented under 25 minutes. Well done.
Hopefully there is an extension on this as 2024 progresses and we see disruptive geopolitics at play as not seen since World War 2.
Project Sandman and Night of Switch, two key words to look out for.
Episode was mind-blowing...many applauds for think school
It's clear..😊Thankyou Guruji..!
Good work man
Ganesh doing great Job bro…. Pls keep posting such beautiful, informative and easy to understand for every layman out there.❤❤❤God Bless❤❤❤
Excellent work on this educational video.
It was such a complex topic, explained in great detail in less than half an hour without leaving any open questions in the viewer's mind. Hats off.. ❤
Think School ❤🙌🏻
As always great information
Informative and educational content with analysis .
Good one THINK SCHOOL
As usual, Think School, Kudos. Great presentation and good research . Appreciations to entire team.
Never before seen such a insightful explanation..glad to found the video, my sincere regards for you effort !!
A good one bro....
What an informative video. I had to take notes every 5 minutes.
Great content and powerful presentation
A Sinking Empire of so called Democratic US 🤣🤣🤣🤣
🎈🎈✨🇷🇺 😂🥂🥂 🤣🇨🇳✨🎈🎈
GAME OVER
🇺🇸
We should not be celebrating it
If US does down and China becomes the super power it'll be way worse
Don't laugh , if dollar sinks it will affect India badly
@@aadig5802 this is exactly what I said but somehow my comment is deleted 🤔
@@aadig5802 dollar will not sink immediately. It will remain as the world currency for another 50 to 100 years or even more
Unfortunately you don't even mention gulf rupee.... Where we lost our game.
blame congress for not doing that in 60yrs, atleast in last 10years, we are somewhat better iin gulf rupee trade, thnx to modi- jaishankar chanakyaniti.. but ppl will vote congress bcuz modi is accused of being anti muslim, and these are the same ppl who will say we keep development over religion,, had that been true, no matter who tells what abt any religion, u wud only vote based on development basis
Wonderful insights about world trade..!!🙏
Very informative presentation. Thanks for this.
While most of the things talked about are already known to be, Just watched it again because you made it ❤
Same here
I soon want to travel to India and meet Ganesh sir for everything he has done
You've explained the whole case study in a very easy and lucid way, Thank you for such an amazing vedio. Keep making more vedios like this❤
Excellent presentation.Very well researched and articulated. 🔥
A Small Humble request, could you put all these Study & Source Material in a Google Docs?
So viewers and students enthusiastic about the same can study the following with more ease and intelligibly. Would be really helpful.
Anyways Love your videos and their presentation as always. ❤
Ganesh you should do a follow up on this as Saudis under MBS have refused to extend the petrodollar agreement and it’s impact on the dollar
Is it the same reason why RBI moved 100 tonnes of Gold from UK to india
Well documented as always!
👌nxt level bro ❤frm Karnataka
5% annual return is easily thrown out there for illustrative purposes, but not so easy to achieve! Where do i put $500k cash reserve to keep cash safe for next 4 years? My concern is insolvency
I think you're better off with majority investment in S&P500 and uprising equities in view of retirement cos they always outperform. Alternatively speaking to a certified market strategist can help with pointers on equities to acquire
Thanks! Excellent information!
Thank you for the insightful video!
I'm thinking what will Japan China India will get back in return other than costly paper. 🤔
Petrodollar agreement ends on June 9. Please make a video on how it affects USD in the future
I don't think USA will let it slide so easily, most of them would surely come to an agreement. Saudi are playing this game maybe to gain more favours.😂😂😂😂😂😂😂
Thank you so much for such a wonderful and detailed case study
Awesome sir 👏 👏 👏 very very deep & concise presentation
One thing is sure, INR is weakening
It will be back in 2025
@@kushagrananda3142😂 in 2014 someone said the similar thing - it'll take only 2 years to make $1=₹40🤣
BRICS currency will break the dominance of Dollar
Will it be good for India? China will most likely dominate BRICS currency.
Not gonna happen anytime soon.😂😂😂😂😂😂
Great explanation sir 👏 . It's very clear.
Excellent explanation we love to watch your content.
Robert Kiyosaki says {
"I use DEBT to buy GOLDS, SILVER, BITCOIN, REAL STATE" and $$(american dollar) is toiler paper
}
Good content! One love ❤️ from Jamaica 🇯🇲
Meaning full content and useful to understand..
Thanks for the insight.
Never i have ever seen toughest and Greatest topic explained in a very simple way to understand it,Thank for enriching us with all your knowledgeable
Thank you Think School team for such a wonderful explanation of the topic. The final suggestion on investing is very apt. 🙏🏻🙏🏻🙏🏻🙏🏻
What a explanation!!!! Thank God I came across this video . Superb understand on world economy. How everything is connected
It not he doesn't know what he is talking about the US dollar was used to as a bribe to fight the Soviet Union and Communism. But the Soviet Union fell over 30 years ago. America has paying for you to use the US dollar for over 75 years to be on our side to fight the "Cold War". If Saudi Arabia doesn't want to price oil in US dollars that fine with us. We not interested in supporting the world in an alliance where Soviet Union is no more.
Very very nice explanation loved it 😊