The US Dollar Is Destroying The US

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In this video, I discuss how the US dollar world reserve currency system is being exploited by China to literally take over the world.

China no longer recycles its trade surpluses into US Treasuries, but rather uses them to buy up mines, farmland, and oilfields around the world. Meanwhile, the US military keeps the shipping channels safe and provides military cover for China.

It is clear that the world is transitioning away from US Treasuries being the primary world reserve asset. What replaces it is currently unknown, but I believe that there is a good chance that it is Bitcoin.

The US should use its money printers to buy as much Bitcoin as possible, and get ahead in the Bitcoin arms race. It is our last chance to prevent the Chinese system from taking over the free world.

Not investment advice! Consult a financial advisor.

The Triffin Dilemma:
https://en.wikipedia.org/wiki/Triffin_dilemma

https://www.youtube.com/watch?v=y5ayiYQJb1M&ab_channel=TraderUniversity

China's agricultural investments:
https://www.ers.usda.gov/amber-waves/2018/april/china-s-agricultural-investment-abroad-is-rising/

https://www.reuters.com/article/us-china-swinefever-smithfield-foods-foc/at-smithfield-foods-slaughterhouse-china-brings-home-u-s-bacon-idUSKBN1XF0XC

US debt clock:
https://www.usdebtclock.org/

US total public debt:
https://fred.stlouisfed.org/series/GFDEBTN

Federal debt held by foreign investors:
https://fred.stlouisfed.org/series/FDHBFIN

US Treasuries held by the Fed:
xhttps://fred.stlouisfed.org/series/TREAST

China holdings of US Treasuries is flat:
https://www.ceicdata.com/datapage/charts/o_china_holdings-of-us-treasury-securities.svg

Watch the US money supply skyrocket:
https://fred.stlouisfed.org/series/M2SL

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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#USDollar
#China
#Bitcoin

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