A $100 Trillion Currency Crisis Just Started (You Won’t Believe This)

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Cameron Long

Cameron Long

Cameron is a seasoned CFO and CPA with 31 years in finance. He created the AI Trader's Playbook to help everyday investors use AI to find high-confidence trades — in minutes, not hours.

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51 Comments

  1. Not reset , denomination – it’s when you wake up everything else is priced at 100x , and the government is asking to replace dollars to digital dollars. If the average salary could buy 100 loafs of bread, after the denomination it would be 10-12 loafs of bread. Basically, the living standards get wiped out over night.

  2. I love ancient history. Never thought I’d listen to a financial channel and get an Egyptian and Sea Peoples analogy but in here for it! Awesome

    1. Only difference is the US is the world’s enforcement agency. Egypt not so much…
      Kind of a big one.
      Which is why we continue to have a plethora of ‘vassal’ nations throughout the world still buying our oil and from others that sell the petro dollar.
      Might makes right.

    1. The truth is, no matter how bad the economy gets, most of us need to strive for great ideas and also make decisions on how to survive and become successful, although not all of us were financially literate early enough to understand this. For me I was 40 when I finally educated myself and started taking steps on how to better my life, I went from $120,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and with over $895,000 net worth. It may not SOUND like a lot, but I’m so proud of myself for it. Now I’m fast-tracking my wealth building (investing $100,000 annually) with no debts at all. It’s a good feeling! Hopefully I will retire soon and purchase another new house for my retirement.

    2. How did you manage to achieve that level of growth? I’ve been doing everything I can to improve my investments. I want to retire in a few years and need better diversification.

    3. Big thanks to Celeste Taylor ~ really appreciate her. She’s honestly one of the smartest and most supportive mentor l’ve ever learned from. Her mindset and the way she explains things really helped me a lot

    4. Wow. I’m a bit perplexed seeing Celeste being mentioned here also. Didn’t know she have been good to so many people, not just me and my friends I can only expect more

    5. Yes I know Celeste Taylor She’s honestly one of the smartest and most supportive mentor l’ve ever learned from. Her mindset and the way she explains things really helped me a lot

    1. Since 1933 the debt and the currency are one in the same. Think about that! It means if there were no debts in the system there would be NO CURRENCY!

    2. Debt is just inflation. More debt = more currency. Doesn’t mean it’s not a big deal though, inflation is terrible.

    3. @Arathreas Debt might be just inflation if it is a local currency. But, since USD is a world reserve and trade currency, it is actually much more than that. It is the entire US, and much of the world’s economy. And, considering the US is net importer, US debt crisis will have not only economical, but also significant social impact. In the worst case, it would hit much harder than the great depression did, when US was much more self-reliant, more secured, and had much more coherent social fabric.

    4. ​​@Struktualnyjthe whole world reserve currency bit is overplayed. It’s fairly easy to get rid of it. At the moment it’s just a habit, thus change is slow but eventually after it reaches a certain point the whole thing flips fast. See UK loss of reserve currency status.

      The petrodollar dependency died ages ago. We shifted to a world of free floating currencys since the 90s. That’s why I always have a laugh when people bring up the petro dollar. That was important for the 70s and 80s but we already shifted away from that. Euros and yen trade directly for example instead of being exchanged for dollars.
      The dollar demand today comes from tech products from Google etc. Yuan is backed by chinese good for example etc. etc. The demand of a nations currency nowdays really is just a reflection of a nations production, service and consumtion.

      Dollar inflation will cause global problems but that just leads to more countries ditching the dollar. It’s always the same.

    1. a really expensive used car that’s bloated with computers and spyware. made of cheap plastic parts that aren’t replaceable and if they are, they aren’t available due to channel disruptions. it will also have a recall that prevents you from driving it until the parts come in 2027. but the currency is still ok.

    2. Spot on! 6 years and running! LOL Even Chicken Licken was right eventually! And i agree with George, he’s very smart, but I’m not sure he truly realizes how fixed and crooked the markets are.

    3. Right? It’s like vacuous “information” You can’t do anything with it… Which makes it pretty annoying.

    4. ​​@TatatgoyogaIt’s not like these things happen every few years. Guessing the decade it happens is good enough. How useful that information is is debatable but you can’t expect someone to predict the exact moment the usd collapses

  3. People once talked in terms of millions of dollars. Up until recently people have talked in terms of billions of dollars.
    Now people talk in terms of trillions of dollars.
    There seems to be a trend happening.
    Either people are getting ultra super rich or there has been some inflation happening.

    1. Here’s some history for you. The word millionaire was first used in France during the mississippi bubble because of how paper rich some people got.

  4. Great job explaining this one George! Thank you for still providing us normies with solid content here on YT👍

  5. The entire world will soon say: ENOUGH! Why should we be forced to purchase oil in US dollars?!

    1. The way the USA SUBVERTS TRADE HAS ALWAYS been WRONG. The USA CRIMINALITY and its $$ as a reserve MUST be ended!

  6. At this point, I’m honestly starting to question if trading is even real 😂 I’ve changed strategies, stayed patient, studied for hours, but my account still keeps bleeding. As a woman, I don’t want to depend on anyone for financial freedom, so I started trading to build my own path… but now I’m wondering if I’m actually learning to trade or just donating money to the market.

    1. Seen that phase before. There’s a woman, Coach Julia Leung. You don’t watch her trade, you trade live with her. Real execution, no theory dump. I respect her T/A

    2. I hear Julia’s name literally everywhere but no one drops details 🤦‍♂ Can someone plug me? 🙏 Is it really THAT exclusive?

    3. 🤣😃You know how it goes when something actually works, people stop talking. Nobody likes sharing a winning formula

  7. If you study history, I don’t think they even teach history now, never at any time in history has a country or nation stood the test of time. They all have fallen.

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