The Greatest Change To Money Since The Gold Standard Ended Today I want to share some off the cuff thoughts on the US dollar's role in world finance & geopolitics. Recent events across the globe have really exposed the fragility of our financial markets. Central banks & governments have had to step in & aggressively print money to avoid risking a contagion that spreads causing systemic collapse.
With economies grinding to a halt, all assets are affected, particularly now the world is so reliant on US dollars. Every asset priced in dollars will have repercussions from the current changes I see as power shifts away from the Fed, banks & government, towards the digital space. With many countries in recession, the world is facing another global financial crisis. Everyone is desperate for US dollars to pay down their debts & avoid a wider economic collapse. Will digital currencies play a role in the global economic reset coming in 2020 or 2021?