In this video we discuss how the US dollar shortage is causes major problems around the world. This is not what economists or the financial media tells us. When we delve into how the banking system works around the world, we have to ignore governments.
What is important is how the banks are dealing with each other. China, as an example, is a huge exporter. But they also import a lot of products. For these, the companies requires dollars which they get from their locals banks. These are funded, when the dollar is plentiful, by Japanese banks. Due to the shortage, we see a host of impacts that are negative.
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