Dr. Doom: Stay Away From the ’Woke Empire’ as U.S. Dollar Heads Toward Worthless Currency Status

Since the start of 2023, the U.S. Dollar Index has declined nearly 2% as a result of foreign adversaries aiming to unseat the dollar as the world’s reserve currency. Joining the Daniela Cambone show today, Marc Faber believes this de-dollarization trend could reshape the global economy as countries around the world embrace alternative currencies. “the system should not be a system where you have a global currency like the dollar was. As in, the basis [is] we have many different currencies and that people trade freely with each other.“ Marc also believes that the Federal Reserve is in no rush to bring inflation down to its 2% target rate. He says, “Their interest is to maintain the financial market at the highest level. They don’t want deflation in financial assets and if they could, they would also prevent deflation in real assets like properties but this is difficult to control.“ He concludes by stressing that it’s crucial for investors to recognize how the de-dollarization trend signals a massive shift in the global economy in order to understand how to navigate today’s market uncertainty. #gold #investing #dollar #inflation #crypto 00:00 Marc Faber Introduction 2:20 - U.S. Debt & The Latest Fed Decision 8:30 - ECB & U.S. Banks 12:45 BRICS Gold Backed Currency 16:01 RFK Jr’s US Dollar Proposal 21:27 What Change Will be the Death of the Dollar? 23:59 What to Expect from the 2024 Presidential Election 26:53 Marc’s Concerns of a “Break“ in the System 30:20 Marc’s Warning to Cryptocurrency Investors ⭐️ Join Daniela Cambone’s exclusive community ➡️ ➡️ Follow us on Facebook: ➡️ Follow us on Twitter: ➡️ Follow us on Instagram: ➡️ Follow us on LinkedIn: