Did the Saudis Just Kill the Dollar? Brent Johnson

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“The reason the U.S. needs to print more money is because there's a demand for it,” says Brent Johnson, CEO of Santiago Capital and creator of the Dollar Milkshake Theory. He tells Daniela Cambone that the petrodollar will not be jeopardized despite recent headlines. Johnson explains the history behind why Saudi Arabia began selling oil primarily in dollars in the 1970s and why this practice will continue. “Saudi Arabia has always had the option to sell oil in currencies other than the dollar. They do so to a limited extent, but even when invoiced in another currency, it's still priced in US dollars,” he says. Johnson also discusses the political troubles in Europe due to the Russia-Ukraine conflict, stating, “I feel like the whole Ukraine situation is, in many ways, the U.S. sacrificing Europe.” Watch the insightful interview to learn more about Johnson's thoughts.
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00:00 Saudi Arabia and petrodollars
12:24 Petrodollar system
15:00 Saudi Arabia Joins CBDC Project mBridge
19:16 BRICS
24:08 The risk of Euro collapsing
27:46 ECB rates cutting
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#petrodollar #economy #dollar

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21 июл 2024

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Комментарии : 829

@GreenIsland38 Месяц назад

Saudi did NOT say they would no longer trade oil in dollars, they said they would no longer trade oil "exclusivly in dollars", meaning they would trade oil in any "viable currency" or gold.

@normandolinic2044 Месяц назад

The open market….cool

@edithmarjoriemartin-rf2vl Месяц назад

Exactly 👍

@dr.science9505 29 дней назад

Pain is coming and moving fast and we are on the tracks of a train coming 90 miles an hour

@dr.science9505 29 дней назад

It is half way thru implementation

@dr.science9505 29 дней назад

If the dissolve Americas government they can just screw us.

@ZoomedOut2020 Месяц назад

And then there’s “Operation Sand Man…” Oopsy. The debt he speaks of is unsecured.

@jcgoogle1808 Месяц назад

Here's a kook regurgitating absolute nonsense.

@patdaddy4781 Месяц назад

He's a shill

@jorgeCovenant Месяц назад

The guy is a perma bull on the dollar, doesn´t understand the dollar is dying by a 1000 cuts!

@comic-sniper Месяц назад

Brent jumping off a 100 story building says as he falls past the 50th floor... "so far so good..."

@JC-XL 27 дней назад

Yes the guy is a complete clown with his Milkshake theory.

@ZoomedOut2020 Месяц назад

My family can all agree that the weather is eerily different and that they’re all being lied to….

@nealruth664 Месяц назад

The Sun rules our planet. And I'm with you, the weather is off.

@rinkrat4u Месяц назад

@@nealruth664 the only weather that is ' off ' is the ' crisis making ' media and 'gaslighting' bureaucrats and politicians

@daveh16 25 дней назад

The magnetic poles are moving, the sun is entering a minimum, and there's weather modification on top of ecosystem loss which affects micro climate. Interesting times

@Seer645 Месяц назад

Brent presupposes this current system will remain and perhaps it will for the G7 but the BRICS have other plans. Prior to 1929 many in the UK could not see how the sterling could fall.

@Amidat 24 дня назад

like most empires before as well.

@tonyrod4388 Месяц назад

"The whole world runs on dollars" he said, but when there is one less reason to use those dollars, that means those dollars will return to the us and the more the us prints the more dollars that will enter the US economy. When China, the factory of the world, and Saudi Arabia, start rejecting the USD, then there is a problem; "it is hard to get 3 people to agree on something" For a family diner, that might be true, for the world economy, it isn't, not when you know your ASSETS COULD BE SEIZED for disagreeing with the US in a certain topic or policy; and FOR MANY COUNTRIES IT IS AN INEXORABLE REALITY that there would come a moment that they will have a disagreement with the US... that is the reason they are retrieving their gold. They are intending to have the least assets as possible within the US' reach.

@Jose-hs4vk 28 дней назад

What the so-called Experts do not understand is what is known as “Law that governs the Cycles of Empires”. The United States had its glory days after the second war, and it is now in a decline, this is a natural law the dictates how long an Empire can sustain itself. An Empire can prolong its life if it makes good decisions but it can also accelerate its demise by making the wrong decisions - the latter can be seen with the useless wars in Afghanistan and Iraq, and the continuous expenditures of billions of US dollars in support of the Ukraine war and the Gaza conflict. The other side of this coin is China …. China does not waste its resources in useless wars or conflicts, instead, it is investing in its military and infrastructure, and based on the law mentioned the day will come in which China will be the number one economy and military power, and the United States will become less relevant. Those who put in question this Law, I suggest you read the history of some of the Empires that did not understand this law such as the British, the Persians, and the Romans just to mention a few.

@tonyrod4388 28 дней назад

@@Jose-hs4vk They are just to drunk on the notion that they are "experts", biased expert, that is.

@timothybender7383 Месяц назад

😂😂😂😂😂😂time stamp 5:04, he says…”and Simon somehow pulled it off.”!!!!! Effing classic!!!!😂😂😂😂😂

@scottdorsey8220 Месяц назад

Gentleman's Agreement? What happened when Libya and Iraq challenged this Agreement?

@77vavavoom Месяц назад

They got a Royal Treatment...

@HarrisonCountyStudio Месяц назад

8:21 bingo

@Indebtwetrust535 Месяц назад

@@77vavavoom Real royal 😂

@pardeeptandon Месяц назад

@@77vavavoom: America is not able to give the Royal treatment to potentially 59 BRICKS countries. Today, the Boot is on their leg

@p2rp Месяц назад

Regardless of gentleman's agreement or not, BRICS represents appx. 70% of the world population. There's power in unity regardless of what happened to Ghadafi, Soleimani and Hussein.

@johnhimz3832 Месяц назад

That’s a 1/2 assed explanation!!! The Saudi’s are slowly stopping using the dollar… and the dollars are coming back.

@888jimm Месяц назад

True and had been that way for awhile

@jcgoogle1808 Месяц назад

That's a halfassed comment. The saudi's aren't trying to stop anything.

@mikeg2491 Месяц назад

@@jcgoogle1808the Saudis just want Biden gone and Trump back

@muhammadzafar6314 Месяц назад

Dollar will use as a toilet paper

@Ptolemy38 Месяц назад

closet bank provides 3 rolls free

@hrhtreeoflife4815 Месяц назад

Q Excellent during real life toilet paper 🧻 shortages!!! Most $$$ is digital. 😮 So, going digital 😂 we've been there for a while now. How many people use paper money? I use my debit card and credit card 💳. 😂 So cash 💸 doesn't get lost or stolen 🙃. Q❤

@Ptolemy38 Месяц назад

@hrhtreeoflife4815 you are using digital. Because of choice over cash ..that means. That cash must be available. Also ...

@jcgoogle1808 Месяц назад

And it will still be more valuable than ALL of the other currencies and especially shitoin. Have you ever tried wiping yourash withshitcoins?

@ChancetheCanine Месяц назад

That makes it even worse than Weirmare Germany in the 1920s!😊

@SilverTruther Месяц назад

Not an Austrian School of Economics student…the Emperor has no clothes. The whole system is coming down and he is living in a Keynsene utopian world. Central Banks see the death of fiat currencies and the debt cycle coming to an end.

@MrGunnar69 Месяц назад

He understands the Austrian school and thinks everyone should own gold. He just says that the other emperors also have no clothes while their penises are smaller.

@gmw3083 29 дней назад

Yup, he speaks about putin and Xi like they're equivalent to Western Marionette leaders. BRICS will soon have 80 countries and over ¾ of the earths population. If the US wants to build a wall around itself, they don't care.

@Jose-hs4vk 28 дней назад

@markusfrey4256 Месяц назад

Why shouldn't it work for the BRICS countries to buy gold with their US reserve dollars and pay each other more and more with gold?

@jcgoogle1808 Месяц назад

A. Gold isn't a convenient medium of exchange. Are they going to send crates of gold back and forth when they buy stuff from each other? B. To trade a new currency, you need to build a huge infrastructure for clearing transactions, to control it, manage the currency, businesses and banks to accept it,.. C. Most importantly, they need the West as a trading partner or their economies will collapse. They can't sell oil to each other. And the US, Canada and Mexico could provide energy for the West. Just need to get the "climate change" alarmist wackos out of the way.

@J.Smith-rc6wh Месяц назад

will not work, if you have a defecit with a country, you will have the same again next year, requiring more and more gold going in only one direction . . . to replace the USD, each country needs to be able to convert it's own currency into a trading currency and needs it's trading partners to be able to do the same. Read Unit white paper about new BRICS currency about how they will use gold to stabilise new currency without using gold

@jorgeCovenant Месяц назад

that would be diversification....every smart investor does it!

@charlespeterson778 Месяц назад

There's not enough gold to go around

@jorgeCovenant 29 дней назад

@@charlespeterson778 if u rise to real price and fraction it in to small pieces is more than enough!

@1963tjc Месяц назад

He needs a update on his data base!!!!! 😁😁😁

@WellWater-Rural-life Месяц назад

What data base. The US printed 80% of all their dollars in the last few years and it is killing many countries including Japan. Such is the wonders of being the World reserve currency

@bbmm5424 28 дней назад

😂😂

@hangfire6368 Месяц назад

"It will never happen." Until it does.

@dexlab7539 Месяц назад

His Milkshake Theory is melting fast

@usman9002 Месяц назад

Dollar will use as a toilet paper 🧻

@mahdi6416 Месяц назад

😂

@mkaberli614 Месяц назад

What difference does it make if oil is priced in US Dollars? That doesn't mean the Saudi's have to sell it in dollars.

@buffyk-952 Месяц назад

Yeah, go tell that to Libyan President Gaddafi. OUR FASCIST GESTAPO NAZI EMPLOYEES WITHIN OUR UNELECTED ALPHABET AGENCIES murdered him when he demanded GOLD for his oil, instead of American dollars.

@scottbuchta9744 Месяц назад

How can it be priced in dollars if the Yen or Ruble is paying for it?? He actually contradicts himself!! Those currencies aren’t based on the dollar!!

@ptaeiy Месяц назад

@@scottbuchta9744 I think all world currencies are based on the dollar, for now. They will be based on commodities soon enough, and that's when the Emperor realized he has no clothes on and be king no more. The western powers that be are starting to lose their control on commodities pricings. Nations with tangible sought after commodities will control the pricing in the near future.

@AW-Trader Месяц назад

Agree but I think they need to break away from commodities being priced in USD and manipulated by futures. It is the mechanism of their boom / bust cycle and price control.

@voyagevisions Месяц назад

We need a neutral bridge reserve currency ie XRP

@padmaanand4027 Месяц назад

It is better for the people of the world to have some pain for a few days rather than suffer throughout their lives under US bullying.

@MrManny075 Месяц назад

Contradicted himself by saying there are more dollars outside the US than in it, and while countries start to trade with their own currencies they don't need those dollars so they have to find a way to get them out of their system sooner or later they will end up back to the US

@scottbuchta9744 Месяц назад

I see you caught that!!

@danielhutchinson6604 Месяц назад

The USA needs to sell Treasury Notes to support the Fiat Currency. How is that working?

@scottbuchta9744 28 дней назад

@@danielhutchinson6604 that’s not working!! That’s why gold or silver are the only tangible things that back any fiat currency!!

@TuffEnuffIII Месяц назад

This guy says the world has to reconcile the current debt... ?? Does that included DEFAULT??

@mahdi6416 Месяц назад

What debts??

@jcgoogle1808 Месяц назад

That is,... if they want to switch from the Euro Dollar to whatever new currency they talk about but will never implement. Try to keep up.

@TuffEnuffIII Месяц назад

@@jcgoogle1808 Default is more likely.. try to get real

@danielhutchinson6604 Месяц назад

Consider the fact that two of the Worlds largest Communist Nations now are directing Trade worldwide? They could cause Capitalism to cease to exist. Then were would the US find leverage? NATO already has demonstrated how weak the Military Threat is in Ukraine. The Pentagon Audits reveal the diversion of funds to "Undisclosed Locations". What will the US use to maintain their Empire? Capitalism is merely a Social System that has been used for around 6,000 years. It can be replaced.

@TuffEnuffIII Месяц назад

This guy is delusional

@alansolomon2863 Месяц назад

💯 %

@timothybender7383 Месяц назад

Yes thank you. I think there’s a lot of unaware people in here giving him kudos

@MIDTOWNE1 Месяц назад

Makes me wonder who is paying him.

@derektomlinson6514 Месяц назад

He looks very nervous. Obviously knows the sht is about to hit the fan.

@dxndude3519 Месяц назад

Correct. It's obvious to anyone paying attention that the world is moving away from the dollar. It will not go away, but it aint the only game in town anymore.

@ryanwhitley9789 Месяц назад

Johnson will never address the purchase power of the dollar against commodities or goods. He will only discuss fiat vs fiat.

@oneeleven9832 Месяц назад

He is a proponent of physical Gold…all he is doing is explaining how the system works..he is a money manager.

@danielhutchinson6604 Месяц назад

@@oneeleven9832 How does the US Currency now operate? The Treasury promised to support the value of the Fiat dollar, when they introduced it. How are they doing now?

@Lexman00 29 дней назад

A good question for him is, "okay, Brent, in your dollar milkshake theory the dollar skyrockets against all other inferior currencies, but what about against gold? What happens to gold in your scenario?". Obviously, gold skyrockets too.

@sunjungsonne 29 дней назад

He addressed it often. But usually he talks about the relative strength of the dollar compared to other currencies

@sunjungsonne 29 дней назад

He actually says in this interview:"Fiat currencies loose value over time."

@worldfabulouslasvegas2639 Месяц назад

They said once BRIC nations start to drive Chinese electric vehicles. They no longer needed to hold USA dollar to buy oil. Get ready for new monetary system.

@WellWater-Rural-life Месяц назад

What do those countries use to make electricity?🤔😉

@jcgoogle1808 Месяц назад

@@WellWater-Rural-life And what is the major resource they have to sell to generate revenue,.. to sustain their economies??? Is Brazil going to sell its oil to russia and russia its oil to saudi arabia and saudi arabia to iran???? If the BRICS can't sell their products to the West, they'll return to the 3rd worldsheetholes they were before the West became their customers.

@pardeeptandon Месяц назад

@@WellWater-Rural-life: Solar, wind, nuclear and Hydroelectric

@ZenoSamaOmniKing Месяц назад

@@WellWater-Rural-lifecoal , solar, hydro , Geo, thermal , wind etc not sure what western news shows u

@user-lx1re3fn2u Месяц назад

You should ask why the prices of American products are so high that no other country can afford them. It even seems that few Europeans buy American products. So what is the value of the existing US dollar? The world could run without the United States. After all, there would be no wars without it! Iran and Saudi Arabia have reconciled. Saudi Arabia is safe in the Middle East. Why does it still need the protection from the US? Doesn't the US like Israel and dislike Muslims?

@Travelbythought Месяц назад

I respect ITM trading for having a contrarian guest.

@IXIFrostIXI Месяц назад

The fact this is contrarian is scary

@timothybender7383 Месяц назад

That’s sarcasm. I know you re brilliant!

@timothybender7383 Месяц назад

Or polite

@jackinsonpablanes760 Месяц назад

these gys've been saying the sky is falling for over 20 years I don't fall for this shit anymore if the world ends it will be due to a nuclear war, not "financial collapse" they've printed tons of trillions and where's hyperinflation??

@timothybender7383 Месяц назад

Well said. I respect that.

@samgreen23 Месяц назад

I disagree. The medium of choice is already chosen, already agreed to and the US cannot fight the world. Sorry Brent.

@jcgoogle1808 Месяц назад

WhatanIdiot. And what is that "medium of choice"?

@mikeg2491 Месяц назад

What exactly is the medium of choice?

@edwardkaczor1532 Месяц назад

And let's not forget that the QFS has been implemented and moving forward without the deep state approval. Can't stop what's coming...😅

@danielhutchinson6604 Месяц назад

Capitalism has deposited trillions of Dollars in "Undisclosed Locations". The amount available for consumption has decreased to the point the Banks are unable to keep Industry functioning. Banks are failing to provide enough Cash to Employers to meet Payroll demands. The greed of US Investors seems to have sunk the US Economy....

@samgreen23 Месяц назад

@@mikeg2491 are you seriously asking this? It doesn't take even 2 functioning brain cells to see that it's gold. Even the law books in western countries state gold is money. Only gold is money. Everything else is credit. Paper currency is credit, digital currency is credit. Always has been. Currency is a debt instrument. An iou, for what was gold before the US defaulted on its obligations and severed the connection. Once that happened it was only a matter of time until the dollar fails. Now it's here. So countries are moving back to gold. The BIS has remonetized gold as a tier 1 asset. 2 years ago now and since then central banks have been net buyers...It's time to read, investigate, and think.

@danielkurek7009 Месяц назад

I mean Brent Johnson is a very intelligent dude but I don't think he thought this all the way through... If the value of the dollar is only backed by debt and most entities are in more debt than they could ever pay back because of the dollar shortage that's also causing inflation from the need to print because they've issued more debt than there are dollars in the system then what is the actual value of the dollar if the only thing backing it are overinddebted insolvent entities???? I mean to me this entire argument makes absolutely no sense I mean maybe you have to be a Keynesian economist where two plus one equals four to understand it? And you're right getting away from the dollar as a world reserve currency would be a volatile event and military would be involved let's look around why are there already wars going on across the world and Putin staging in Cuba on our doorstep?? The people that drive this system do not understand that there are way more factors and inputs other than just faith they're trying to drive a false narrative because they think that so long is everyone believes the dollar has value then it has value I've got news for you money is a hell of a lot more than just psychological .. Not to mention that this transaction could happen overnight very easily.. literally all these countries have to agree on is the repricing of physical gold and silver much much higher and then they can settle their debts because they all hold hoards of physical gold and silver.. The only people that do not want the dollar to die or Americans and Wall Street that have the majority of their wealth wrapped up in dollar denominated assets because they're idiots The only thing strong about the dollar is it's false narrative... Not it's real value.. value is not derived from a basket of fake currencies.. well the dollars the cleanest shirt in the dirty laundry I'm not wearing a dirty shirt !!!! I'd rather go naked. I think all of the powers that be in the world really and truly had better understand and comprehend that the world is changing lies cannot be hidden, The truth always comes out and we are done with all of the lies manipulations and Ponzi schemes to help the rich get richer while the poor get poorer! Level the playing field or we will!! Let's see if Bryn Johnson was in davos with the world economic forum last year because he sounds paid off.. or perhaps he's just actually naive to all the different possibilities there's a million ways this could potentially play out..

@TexasRiverRat31254 Месяц назад

Keynes gets blamed for a lot that he didn't agree with. At the Bretton Woods conference Keynes told them it would eventually fail and that's what caused Nixon to "temporarily close" the gold window which effectively ended the agreement. Yes, it's all based on lies...Ponzi scheme!

@waynefaulkner2180 Месяц назад

It's a Monetary war, not a Military war. Gold Standard returns in October 2024.

@danielkurek7009 Месяц назад

@@waynefaulkner2180 I love your optimism but when in all of history has there been a monetary war without an actual war.. and October of 2024 to be back on a gold standard would be amazing.. What leads you to believe October because my analysis points to a bit further out..

@user-sk5im3vr7h Месяц назад

I think you are missing the point he is making ,is very hard to put 3 billion people in the same page overnight , and 100% there will be war, long wars before the usa give up to be the reserve currency of the world, Fyi I 100%agree with everything you wrote

@danielhutchinson6604 Месяц назад

You appear to be as unaware of Treasury promise to support the Value of Fiat Currency with T-Note sales. That is what they proposed in 1970. The US Fiat Currency has had no visible support for 20 years. It exists because the USA say it does. Check how long the Treasury has sold an equal amount of T-Notes, for all Dollars printed?

@faithwalker2313 Месяц назад

We arent the biggest and the toughest anymore

@thenexusagency Месяц назад

He is right in principle. The eurodollar market is the least understood element of the international financial market. It’s astounding how much goes on with USD outside any real regulation. Love this quote “The whole world runs on dollars” and it can change but it would be a chaotic and difficult transition. Not very many people understand the depth of this reality. Glad to see someone who does!!

@inquisitive8903 28 дней назад

Forums full of gold bugssss.....who want the usd gone

@johnpatrck2960 Месяц назад

He's really disconnected to the reality of what's actually happening outside of his own wealthy neighbourhood and community in the US.

@mayankmayank6276 Месяц назад

Spot the hypocrisy in Mr. Johnson's answers: When arguing on BRICS vs US , he says markets will prevail over polity; and when arguing on Europe vs US, he says polity will prevail over markets.

@tavonwilds6698 Месяц назад

This is horrible information!!! He is totally sugar coating this whole topic!!! Everything he says is to mislead the people as to just how serious this is. He's totally one of these people that think big bad america can never lose its position!!! History has always shown that every nation has always failed. Listening to him is totally risking your family's financial situation 😮. See what happens in the next few months then see what comments are!!

@mahdi6416 Месяц назад

😂😂

@timothybender7383 Месяц назад

Ageee

@WellWater-Rural-life Месяц назад

He is not saying that. He is saying the dollar is in position now and if you dare to knock it off that position....what part of the last 50 years have you not seen? You think Ukraine war is about democracy? It's about energy and the power to control it. Just as Brett said at the beginning.

@timothybender7383 Месяц назад

@@WellWater-Rural-life maybe you don’t understand either.

@tavonwilds6698 Месяц назад

@@WellWater-Rural-life,The agreement was a contract!! Much more than what he said, a hand shake, he needs to learn history! The war in Ukraine is totally not what you been told by the main stream media. Learn about bio labs, kazaneren mafia , it's alot to learn Well Water. You need to study deeper

@srebrnywehikul Месяц назад

So... It's controversial when using the dollar made him stronger. And not using the dollar will make him stronger. Brent is still talking about debt that is in dollars. But this is precisely the point: implementing a new global currency will mean that creditos can start accepting it instead of the dollar, if the alternative is not repaying the debt, especially since others accept it. And finally, let me just say that today CBS reported that it had found evidence that Saudi Arabia took part in the 9/11 attacks. An interesting coincidence.

@timothybender7383 Месяц назад

Indeed. Very very, indeed.

@Jose-hs4vk 28 дней назад

@srebrnywehikul 28 дней назад

@@Jose-hs4vk I agree with you. This is the thinking trap that Brent and many people like him get stuck in. If something has always been there, it will always be like that. But our life is very short. Brent is about 50 years old and knows no other world than the one in which the USA is a superpower. But there was a world in which the USA did not exist and there will be a world in which the USA will not be a superpower.

@jonblaz1027 Месяц назад

This smart guy thinks the U.S. just prints its own money? The U.S. calls the FED. The FED loans the U.S. the money. Since the FED is NOT a government entity. The government is not printing money. There lies the issue. As far as imports, we have to pay them with something of value. Everyone doesn't have to agree, just the ones in charge. Yeah, the dollar is fine. Hamburgers will cost $300.

@jcgoogle1808 Месяц назад

You have no idea what you're talking about.

@scottbuchta9744 Месяц назад

Yep, soon the Fed will have to do what Haiti did and start printing 1000,000 dollar bills to buy a chicken!!

@scottbuchta9744 Месяц назад

@@jcgoogle1808actually he does!! Research is not a bad thing!!

@digitalisman Месяц назад

@@jcgoogle1808been to mcdonalds lately?

@kissmyass69702 Месяц назад

fully agree.people just dont get it

@user-yg3rc7ht9u Месяц назад

Dollar and gold will rise, Dollar will disappear, gold will open the door to silver

@Open693 Месяц назад

I upvoted you because I mostly agree. Where I disagree is in your statement that the dollar will disappear. Used less on a relative basis, yea, more than likely. However, the pound didn’t disappear during the last transition. We could assume that cbdc will replace physical cash, but in that case the dollar won’t be the only one to disappear.

@thomasrogers9146 Месяц назад

SAUDI ARABIA IS NOT GOING TO STOP SELLING OIL IN DOLLARS. THEY ARE GOING TO ACCEPT OTHER FORMS OF BILATERAL PAYMENT AGREEMENT USING LOCAL CURRENCY WHICH CAN BE CONVERTED TO GOLD. THE U.S IS NOT THE LARGEST PURCHASER OF SAUDI OIL SO IT MAKES NO ECONOMIC SENSES FOR SAUDI ARABIA USE THE DOLLAR FOR ITS OIL TRADE.

@danielhutchinson6604 Месяц назад

The SDR has been the form of international trade computation since 1944. That system is based on several Currencies. The US Dollar as a Gold Standard Dollar was the dominant currency in the computation of currency exchange rate. That abliity to control world Trade Price, is what BRICS now challenges. Saudi Producers are free to trade with anyone as their Currency is not devalued by the US. That appears to be the issue the USA is not pleased with. The US Currency loses value as more Nations stop buying US Treasury Paper that supports the US Currency.

@Jose-hs4vk 28 дней назад

@@danielhutchinson6604 What the so-called Experts do not understand is what is known as “Law that governs the Cycles of Empires”. The United States had its glory days after the second war, and it is now in a decline, this is a natural law the dictates how long an Empire can sustain itself. An Empire can prolong its life if it makes good decisions but it can also accelerate its demise by making the wrong decisions - the latter can be seen with the useless wars in Afghanistan and Iraq, and the continuous expenditures of billions of US dollars in support of the Ukraine war and the Gaza conflict. The other side of this coin is China …. China does not waste its resources in useless wars or conflicts, instead, it is investing in its military and infrastructure, and based on the law mentioned the day will come in which China will be the number one economy and military power, and the United States will become less relevant. Those who put in question this Law, I suggest you read the history of some of the Empires that did not understand this law such as the British, the Persians, and the Romans just to mention a few.

@danielhutchinson6604 27 дней назад

@@Jose-hs4vk The USA appears to be one of the short lived Empires? Poor Management or simply too much investment in promoting profits? The ability to serve the needs of Citizens is a distinction that few outside Aldous Huxley's 'Island' manage to represent a majority of citizens? In some ways the Romans passed their Greed along to the well Dressed Gents of London. Their Colonial empire was donated to the USA. Now the Colonies depart..... Alexander was doing pretty well in Kabul I hear. among the longest serving in that area. Vikings, and other assorted Swedes did OK for a while, then even they got Fat and Lazy. Sonny and Cher claim , "The Beat Goes on."

@ZoomedOut2020 Месяц назад

Bare in mind that you’re listening to a man who was literally born at the inception of total fiat…. I for one have little need or respect for the fiat dollar….very little.

@RobertoLopez-nn8ty Месяц назад

When Brent mentioned how Old he was it explained all of the none sense that he spoke of afterwards.

@henryboehm2143 Месяц назад

Why would the world want or need dollars that are created by “pushing a button”?

@maryperrysmith5815 Месяц назад

I thought the Brics Russia Iran India. All are going to use their own currency. Not USA dollars. All so our president can’t impose sanctions on that nation.

@scottbuchta9744 Месяц назад

That is correct you get a gold star today!!

@JM-gu3tx 29 дней назад

Brent Johnson is one of the few financial types who knows how to explain complex concepts in simple terms.

@williamkressiii7772 Месяц назад

Our USA has done this to itself. No other country is responsible.

@Nasko789 Месяц назад

This guy is defending his business, he has to do what he has to do

@CaslerDannels Месяц назад

Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $8,000 and got my payout of $270,500 every months,God bless Christy Fiore 🇺🇸🇺🇸🇺🇸..

@mariage-pf6rr Месяц назад

Hello!! how do you make such monthly, I’m a born Christian and sometimes I feel so down of myself 😭 because of low finance but I still believe God

@SolangeMarro Месяц назад

After I raised up to 525k trading with her I bought a new House and a car here in the states🇺🇸🇺🇸 also paid for my son's surgery….Glory to God, shalom.

@Foutz-qp8wf Месяц назад

Can I also do it??? My life is facing lots of challenges lately

@sandalSanders-vt8ii Месяц назад

I've always wanted to be involved for a long time but the volatility in the price has been very confusing to me. Although I have watched a lot of RU-vid videos about it but I still find it hard to understand

@SolangeMarro Месяц назад

Oh yeah ❤❤

@masterdecats6418 Месяц назад

Deflation in China isn’t nearly as bad as runaway inflation in the US. That’s an unfair comparison. 31:32

@alabama4life713 Месяц назад

Daniela... Selling oil or commodities in dollars is one thing... Holding your prophets in dollars is done!! Imagine having a $trillion in reserves and loosing %25 in purchasing power since 2020 and knowing that's not going to change. Buy gold) silver

@larryslifeadventures Месяц назад

I believe Bret said gold is a hedge against inflation and that's one of the reasons many of the nations and central banks are accumulating it.

@davidlough3189 Месяц назад

Smart guy. His opinion is a well thought out position. Imo he refuses to acknowledge the dollar is TP, and deserves to be flushed. Countries will continue to spend it till its gone and buy no more.

@Chisca22 Месяц назад

Imagine this: 1 BRICS coin equals 1 gram of gold 100 usd equals 1 banana

@danielhutchinson6604 Месяц назад

- As nations find other places to invest money, they do not need to support the US Currency. The agreement with Saudi Producers was designed to insure some money went to Buying US T-Notes. The US Currency is fading fast.

@GreenIsland38 Месяц назад

A whole Banana ?? Really !!

@eymeeraosaka2954 Месяц назад

I follow Brent Johnson. I must give him credit for his consistency. He is indeed an inveterate dollar bull...Though the circumstances surrounding the dollar continues to deteriorate, his faith in the dollar is unchanged. Like it or not, there is a strong desire by countries of the Global Majority to diversify from the risk of the dollar...Hopefully they won't be disappointed come the BRICS Summit in Kazan in October...?

@tarybb2009 Месяц назад

This guy unfortunately is a hard core american who does not seem to see how sick and tired the world is becoming of usa ...all the best..its not just currency its everything

@futuretechworld576 Месяц назад

He said there would be a credit crunch which would push up the value of the dollar but if the demand is low then what 😂,that’s the whole point of embridge

@scottbuchta9744 Месяц назад

Not when trillions upon trillions are being sent back by other countries!! What Brent forgets is the more dollars floating around out there the less they are worth!! I wouldn’t use this guy as a financial advisor!!

@todmills Месяц назад

The US has become a 3rd world nation but hasn't realized it yet.

@timiilott8883 Месяц назад

Brent has it wrong in my opinion. Mbridge is already being used, the Russians have an alternative digital payment system. This isn't about killing the dollar more that these countries want to trade using their local currencies. If you have to have a reserve of dollars in order to trade with your neighbours, but that reserve can be frozen and you can be thrown out of the swift dollar based international payment system if you follow a policy that angers Washington then of course why wouldn't you want to set up your own system that doesn't use dollars thus avoiding US sanctions.

@K3nVV Месяц назад

I agree with you...thought the same thing. He does bring up good points though.

@michaelcarr8320 Месяц назад

There is proof that the amount of treasures and dollars around the world is getting less. The effect is higher inflation in the USA, look at the past 3 year and its not stopping.

@scottbuchta9744 Месяц назад

Japan is getting rid of hundreds of billions to try and keep their largest bank from failing!!

@mr1234tempo Месяц назад

There is only one way out if this mess... gold and silver as real money!! You cannot fiat yourself out! People do not want promissory notes or zinc plated metals!

@jimfranklin3885 Месяц назад

Excellent, thoughtful interview thx.

@nealruth664 Месяц назад

At one time Holland used Tulip bulbs as a currency if memory serves me right. Currency is a strange concept indeed.

@ericdaniels4650 Месяц назад

America likes to pretend the system is fair, which is clearly not even remotely true. Weaponizing the currency when you already have an edge is a bridge too far. Would you support NFL sports if one team had unlimited timeouts and the rest of the teams had 3. The greed in America is beyond my comprehension. It literally blows my mind we proudly boast that we are the greatest country in the world while being the biggest criminals on the planet. We have scammed the entire world we don't deserve any respect or trust. We deserve exactly what we get and don't be angry at me be angry at the crooks that designed this crooked system and the politicians that made it our laws. There is no such a thing as creating money from nothing. All forms of money are debt except for gold and silver. The only true money is gold and silver because neither of these metals can be mass produced like paper money. The whole purpose of fractional banking was to maintain a reserve to borrow against. Instead, we attempted to make fiat as important as gold or silver which is like putting the cart before the horse, not very effective. America is the home of artificial reality, artificial intelligence, and artificial wealth. Fancy words for Fake as hell.

@waynefaulkner2180 Месяц назад

Sorry Brent, Russia will announce they are going on a Gold Standard in October. It's the only way to strengthen the Ruble. Remember: World Money = Gold 💰, Gold = Tier 1 asset (2019).

@Cruelaid Месяц назад

Their existence is so insular, it just exudes arrogance.

@dubaikk Месяц назад

His analogy about USA being the Big bully, the days of being “that” Big bully will be over as all the small bullies are already ganging up and it would be game over in a couple of years

@IAMOSIRAS13 Месяц назад

He look stressed and money worried”😮….. go shave man

@improvingamericashomes6530 Месяц назад

He was hoping she wouldn't nail him on the fact saudi's declined the invitation to the g7 meeting. That said a lot on where they are going.

@kendcannon Месяц назад

Yup, except you and I don't talk to 300k people online, so that is stressful. Perhaps stop looking at Daniela and start looking into the camera and relax a little. Brent is a smart guy and is obviously intense about this stuff.

@privateuno8897 29 дней назад

Thanks much! Good conversation.

@shannonwright7857 Месяц назад

Brent the Government Told us to all Wear Masks, and Told Businesses to VAX all their employees...and they did... So Yes The Government Can force Business to comply to whatever they need... Great interview with Brent, good to hear this perspective on the Saudis and the dollar...Thanks Daniela and Brent.

@tonyb.8757 Месяц назад

I was thinking the same thing when he said that.

@tonic.9530 28 дней назад

thank you for presenting the other side of this issue

@glennw469 Месяц назад

This guy is missing the point . He is wrong in every angle 😂😂😂

@WellWater-Rural-life Месяц назад

IF, Brett is wrong and THEY can force a devalue of the dollar and JAPAN holds $1.1T in US treasury, what happens to that ISD when converted to YEN? Too, many countries hold too much USD debt/Treasures.

@J.Smith-rc6wh Месяц назад

thought I was the only person who thinks that. He does not get it, "the whole world runs on dollars" the whole world has a new system, a fairer system, and as they change over, which is already starting, it will progressively be worse for the US system, what will start slow will just turn into a full on bank run. What america is going to attack everyone else? Sanction everyone else? They have enough trouble at home. Brent needs to use a calculator

@Mark-pb8kj 29 дней назад

@@WellWater-Rural-life I seen Japan just cashed in way over 60b treasuries In one day. Do you know how.much treasuries are owned by other countries currently?

@WellWater-Rural-life 29 дней назад

@Mark-pb8kj a bank "plans ro sell". The central banks are all coordinating together, US, Canada, Japan. The Bond market is very powerful. The more they sell the more they devalue the holdings they still have. I agree the USD is in trouble long-term but it will happen slowly until something BIG breaks.

@michaelbyrne5535 Месяц назад

Tell Gadafi or Sudam Husane that ya pelican, anyone that sold oil in anything but US dollars got bombed into liberation

@kengyooilim4097 Месяц назад

What this dude said is showing. He was in cloud nine and hallucinating. Gotten too much of weeds, I supposed. Quote "The United States will not be happy if US dollars are not used in international settlement?" You think people give a damn if Uncle Sam is not happy?... Lol...

@bbmm5424 28 дней назад

👍👍😂

@ameristralia Месяц назад

What makes Brent think that the IMF and the BIS is largely controlled by the US? I'd like to see that heavily debated because I don't think that's the case

@nathanisenhour4420 29 дней назад

BIS is the controllers of all banks . Nothing but currency controls.. Ho back 40 years..Manufacturing left U.S. to build China.. with cheaper labor..And sale high.. Etc..

@scottbuchta9744 Месяц назад

I don’t know who Brent Johnson is, but I would never invest on his advice!! First Saudi was only dealing in US dollars!! That’s why so many countries have US treasuries!! The US would make money off of those sales so that basically is what the dollar was based on, after we went off the gold standard!! The whole reason BRICs stated was because those countries had to use US dollars to buy oil, and that made those countries beholden to the US and the US could dictate what those countries could do because the US could sanction those countries by freezing their US treasuries!! They just did it to Russia!! Hasn’t this guy been reading the news?? Sorry but the dollar’s days are over unless somehow it can be backed by something tangible!! It was gold, then oil and now nothing!! The Saudis taking other currencies without the US dollar backing them and then saying nothing to see here is crazy!! Why doesn’t the moderator push back?? I suggest Mr Johnson stick to selling shakes!!

@robjohnson7878 29 дней назад

China has been dumping a massive amount of treasuries and now Japan is getting ready to as well. Lookout below!!!

@Cyber_Samurai Месяц назад

No legal agreement the Saudis have to use US dollars, then why is it called petrodollar?

@danielhutchinson6604 Месяц назад

No discussion on this site, they seem to censor answers. But the USA has no support for Dollars for 20 years.

@analysisonlight605 29 дней назад

My favorite financial guy interviewed by my favorite interviewer. Awesome!

@jrok6371 Месяц назад

Great interview perfect contrast to all the other things being spread around

@user-dixk2rx5gz8f Месяц назад

Always enjoy Brent! Thanks!

@Kenayi22 Месяц назад

The US dollar has about 10 weeks left before capitulation. In other words, the current dollar upswing will peak this September.

@loumirra7183 Месяц назад

Terrific interview. The position is realistic and well thought out. It is not THE SKY IS FALLING... ANY MINUTE NOW. It's turbulence ahead, and for longer than anyone wants.

@ajitsanghi7454 Месяц назад

I would never use dollar even as a toilet paper, for the fear of becoming dirty and uncleansed forever.

@Kontact-wy1pb Месяц назад

Dollar forever mentality challenges the axiom that change is constant. Reciting the history of the petro dollar isn't addressing the here and now.

@geedoubleu641 Месяц назад

I'm not going to watch this video because I'm very familiar with B J Milkshake. However I will say that the title is offensive to thinking people and further reason to pass on what is clearly a biased interview. I say this because it's ridiculous to suggest that the Saudis or anyone else may have "just killed" the global reserve currency. De-dollarization is a gradual but accelerating process that will probably take many years. If you would like to see Mr. BJ humiliated, find the panel he was recently on where Mr. Louis Gave shredded him.

@scottbuchta9744 Месяц назад

Not at the rate we are going!! 2.5 trillion this year over budget

@geedoubleu641 Месяц назад

@@scottbuchta9744 Hence, accelerating.

@BlackSwanCapitalist 28 дней назад

I've been covering this 'transition' for years and I've nailed it. We just get no coverage despite our reporting being accurate for 4 years straight. Much love to ITM and Daniela ❤

@rktek77 Месяц назад

I think you are the only one Daniela with so many economic idea divergent people expressing themselves on the same channel. Thank you for that. It is important. Yes, it is sometimes confusing. But there is no other way to make a clear summary of the current situation.

@anhtang4402 Месяц назад

This interview sucks. She let him talk without any follow up questions to his position

@lcflooring3887 Месяц назад

But the bigger problem is them other countries not buying our debt/ bonds that is what will kill us

@larryslifeadventures Месяц назад

What happens to the eurodollar and all the dollar denominated debt if the US goes through an internal rebellion or has to fight a war against enemy combatants that has snuck into our Country through our open borders.

@azariahyisrael3209 Месяц назад

Thank you Mr. Johnson you cleared up a lot misconception about Brics, Ukraine and Europe and I better understand the dynamic of this crazy economic situation the world is in.

@tonyrod4388 Месяц назад

This guy is dead wrong about what he says about the dollar outside the US; those dollars are based on debt, alright, but those countries that were obligated to have dollars to get oil, now can use that money to liquidate their external debt, which means that more dollars will enter the economy and thus depreciate the value of the dollars based on the fact that the amount of money circulating will supersede the production capacity of the US. TOO MUCH MONEY AND FEWER PRODUCTS= INFLATION... If the Fed tries to reduce the money supply by increasing interests, then you'll see more increase on unemployment, thus more foreclosures, more bankruptcies, etc... only FAST population growth can balance that, A HUGE POP GROWTH OR LWERING THE AGE TO GET LOANS AND CREDIT OR TO THE AGE OF EMPLOYMENT.

@insideoutcleaning7685 Месяц назад

He sure explains things better, Thanks Daniela.

@2butnot277 29 дней назад

Outstanding interview. Thank you, Daniela. Brent, you nailed a three today.

@tobyward4119 Месяц назад

I’m starting to see that some people will not move on there preconceived notional. I think his arguments are very week. And to think that you’re listeners get there information from toctoc is pretty funny. I could probably go on forever how wrong this guy is.

@timothybender7383 Месяц назад

I did. And I can’t believe it either

@WellWater-Rural-life Месяц назад

It's not "this guy Brett", look at America and tell me what he said is wrong.

@phatster88 Месяц назад

The petrodollar is relevant in the sense of the recycling of oil revenues in Treasuries, so that we transitionned from a gold-anchored dollar to a "T-bill standard". What is changing is the US is choosing to defend the Treasury market instead of the currency, in light of the endless deficits and the worrying debt-to-gdp ratio. Potential solutions have been discussed: most probable is to run financial represssion like they did back in 1945-65, to get debt-to-gdp ratio to something more reasonable: it's gonna be different from doing QE but the end result is the same: wealth transfer from the savers to debtors.

@GreenIsland38 Месяц назад

Usually referred to as "commom theft" of other peoples hard earned money.

@knowledgeincrease3326 Месяц назад

What he doesn't gets is that the dollar destruction is being orchestrated by the federal reserve central bankers themselves . CONTROL DEMOLITION for CBDC 😂😂😂

@user-km2ud6ii9q Месяц назад

He just seemed all over the place. To assume things will be as they always have been is naive, and I kind of get that impression, He doesn't consider sooo many factors like the invasion of illegals and the criminal and military element within that. So many things that could potentially happen to cause chaos/war here. I just don't get him. Almost talking out of both sides of his mouth.

@galitatrading Месяц назад

The so called 'gentlemen agreement' was to sell exclusively in USD for protection , which is the main point he is missing. But its Brent Johnson, do expect him to properly articulate anything sensibly

@blueavadis22 Месяц назад

This guy is almost in second phase of truth, from ridicule to denial, opposed . He doesn’t get it that a new game is already started. He still believes that military can change anything.

@soundsnags2001 Месяц назад

Well said

@georgeowell8276 29 дней назад

I appreciate Brent‘s balanced analysis. As a physical gold investor I feel uneasy with overly exuberant talks.

@djames693 29 дней назад

Brent is correct✅ There's dollar shortage right now and Saudi gets more incentives selling her oil in US Dollar.

@Alex_Plante 29 дней назад

A country buys a lot of gold when they are preparing for war, because they know that when the war starts, they will need the gold to pay for imports of weapons and strategic resources.

@TIznus Месяц назад

Brent is either the only person in the mix who sees this or he’s literally talking his book. What exactly does he think is going on at all those BRICS conferences?

@t.m.l.t.m.l.5399 29 дней назад

I think Brent is right on most of what he said. Daniela nailed it though when she picked up on Brent's premise that if things go bad for the US then we are going to see the bully rise. You just have to look at Britain. The world had to come to the defense of Britain and Europe. Will the world defend the bully. The US is sure not war ready. Given away a lot of their arsenal and is in a debt spiral. The US has not been good shepherds of the reserve currency as it was originally agreed to by the world. War will not maintain the system any more. Depleted oil reserves and even the ability to manufacture the war machine has been lost. Trump will make peace not war. It is the only way out of this mess. Countries accumulating gold because a reset is coming. Euro has a lot of gold. Russia and China are accumulating gold and do not want war but fair treatment. The Cabal in charge of the fiat money system are the ones who lose control. Good riddance to them as they are an evil blight on humanity. Each Country will be responsible to remove their own Cabal support networks. I think if you look around the world people are fed up with the dictator like leaders in supposedly democratic countries. Those leaders are being removed. Rule of law has to be restored. The criminals are running the show. We are in a different kind of war. They want to depopulate countries they do not control and we cannot go along with this. History just repeating.

@Jose-hs4vk 28 дней назад

@ZoomedOut2020 Месяц назад

As Puerto Rico is a mere territory of the USA… it would not be the least bit surprising to hear that foreign troops have landed on the insignificant island….