Is the US Dollar's Dominance Over? China's Rise, Bretton Woods III, and Crypto - Pete Earle

On this episode of the AIER Standard, Ethan sits down with Pete Earle to speak about dedollarization, a global trend of reducing usage of the US Dollar. As American currency declines, rival countries like China rise to take its place. Pete explains the reasons for the US Dollar's decline and comments on where he thinks trends are headed. Finally, Pete offers important insight on how the US government can maintain its financial reliability in a world that is growing increasingly skeptical.

*** Please note that the opinions expressed in this podcast are solely those of the host and her guests. They do not necessarily reflect the views of the American Institute for Economic Research. The content presented in this show is intended for educational purposes only, and should not be considered as financial advice. ***

1:21 China and Brazil Get Off the Dollar

7:20 Why Was the US Dollar Made the Dominant Global Currency

12:00 Can China’s Yuan or Another Currency Replace the Dollar?

15:40 Why Can’t the EU or BRICS Replace the US Dollar

20:00 What Happens if the US Dollar Falls From Grace

28:00 Bretton Woods III and the New Order

33:00 Cryptocurrency and the Dollar

37:30 Can We Save the Dollar?