
Prospector News Publisher Michael Fox is joined by regular guest Chris Temple and discusses the De Dollarization movement. The topic of de Dollarization is one with lots of disinformation and misinformation that confuses and misinforms. As Chris says you can get information anywhere but here you can get knowledge.
We break down the topic;
• What is de Dollarization
• Trade currency Vs Reserve Currency
• Gov’t use of alternative trade mechanisms Vs Dollars
• Can Governments force their citizen to de Dollar
• Is de Dollarization a completely bad thing for the US
• Can a return of the Monroe doctrine combat the effects of de Dollarization
• What de Dollarization means for different regions of the world
In conclusion, de Dollarization has begun as has deglobalization. It will change the way the world does business but it does not mean the death of the US Dollar as some would have you believe. It will likely take decades before we see the overall true effects.
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