TRUMP ISSUES MAJOR THREAT - DEDOLLARIZATION

hey everyone so I was not expecting to

make this video but Donald Trump is

literally back at it again it's like

every freaking day and honestly it's

kind of exciting but listen to what he's

up to right now so for the past years

we've been talking about this

dollarization right uh Brazil Russia

India China bricks plus you know other

countries basically getting into

dollarization uh China for example

striking a deal with the Saudis to start

settling oil trades not in the US dollar

which is normal but instead in the the

Chinese Yan this is this is like you

know these are early steps to

dollarization getting away from the US

dollar which is bad we want strong

dollar well Donald Trump there are some

incentives and reasons you would want a

weaker dollar because you get

International competitiveness but you

want other countries using the dollar

because when other countries use the

dollar they buy us reserves because

they' already got the dollar and for

other reasons when they buy us Reserves

create Perpetual demand for us

treasuries which lets us print more

money because people are buying our debt

see what I mean it creates stability the

more people use the dollar the stronger

the US is both militarily and

economically so it basically keeps the

Ponzi of fiat currency going this is why

Bitcoin has gotten such popularity it's

a way of getting away from the US

banking system or the international

banking system which is really just used

to track you and you know try to fight

terrorists and all that sort of stuff

the CIA is all over your money again why

cryptocurrency is also sometimes rumored

to be developed by the CIA to say look

there's an alternative but c i I think

that's probably BS but it's also kind of

funny to think about anyway I'm getting

way off track here okay so I got to talk

about what Donald Trump just said

because it's remarkable and it was

shocking but he comes out and says dude

this guy Kevin's got a great Trump

course over at meetkevin.com you got to

check out uh he hasn't changed the

pricing yet for the Black Friday sale

because it's Saturday and he's supposed

to be flying in in Vegas which it's

beautiful okay he didn't actually say

that you know that no Donald Trump oh

this is gonna suck Donald Trump came out

and just

said any country that tries to

dollarized will be subject to a 100%

tariff now this is fantastic news for

two different reasons number one it

suggests that the 100% tariff might not

actually happen if countries are willing

to just back off this dollarization

trend which sounds a little bit like our

treasury appointee saying hey why don't

you just use that 100% tariff threat as

a threat to make sure people don't

dollarize but then we don't do the

Tariff threat or we don't actually F you

know follow through with those tariffs

because they'll cause that Trump

inflation people were worried about and

this way we could get US Treasury yields

to come down US Treasury bonds the value

of the bonds you could buy those like

ticker TLT okay I'm buyas with that but

ETF has an average duration of median

duration I think is about 25 years or so

but anyway uh get the value of those

bonds to start Rising again which

actually motivates other countries to

potentially start buying US Treasury

bonds again because the bottom might be

in and now the value of these bonds is

going up people buy the bonds people get

into the US dollar which is a lot

stronger than obviously the nonsense

you're seeing at other countries like

the Russian R right now which you know

Vladimir Putin says everything is fine

but let's be clear everything is not

fine they're going through an economic

disaster uh stagflationary they don't

have enough people to actually work in

civil jobs so their economy is suffering

because they're throwing so many people

into the military by convincing them to

go into the military by paying them 3x

normal wages but they the only reason

they're paying 3x normal wages is

because they know they don't have to pay

those wages for very long which is very

morbid but it's a problem so again

Donald Trump just today just like you

know within the last hour here comes out

and says look look

dollarize we will teff the crap out of

you and honestly I love it because this

is great for again demand for us

treasuries love that but also stability

for the US dollar and keeps that us

strength at us exceptionalism going now

keep in mind a strong dollar does

unfortunately hurt some of the companies

that sell a lot of stuff overseas so for

example Tesla gets about 20 25% of its

revenue from China when that money comes

back to be recognized as earnings in the

United States it's a little lower these

are called your FX adjustments right

stronger dollar does this when Europe

and China are in a recession the US

dollar is a lot stronger the only way

the US dollar really weakens is if the

US economy is weaker than everybody

else's but right now it seems like the

US economy is the only one not in a

recession yet but that's a topic for a

different video so anyway go to m

kevin.com uh time for me to go flying