Comments by "" (@sinoroman) on "Is the Dollar Doomed?" video.

  1. question is. how will the dollar system fall. the united states has it tied to many of the "developed" countries
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  2. Japan is definitely within the American sphere of influence, so how far removed is Japan from securing US strategic interests?
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  3. because the Bretton Woods system still exists. USA has influence over South Korea, Japan, Australia, much of Europe, so many countries will continue to trade with USD
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  4. corporations always looking to reduce cost so they can maximize profits, manufacturing will continue to be overseas
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  5. “In the years leading up to 1970, expenditures in the Vietnam War made it clear to many countries that the U.S. was printing far more money that it had in gold. And in response, they began to ask for their gold back. This of course set of a rapid decline in the value of the dollar. The situation clixamed in 1971 when France attempted to withdraw its gold and Nixon refused.” -1source
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