Inflation Coming in 2021? The Fed's Money Printer Goes Brrrrrrrrrr - USD Reserve Currency No More?
Concerned about Inflation or Hyperinflation? You’re not alone. With the Federal Reserve printing money like never before, many investors expect high inflation or even hyperinflation in the near future (2021). But what about the U.S. Dollar’s status as the world’s reserve currency? Is that at risk? I give my thoughts.
0:00 – Introduction and Where did the M1 and M2 Money Supply Data Go?
2:08 – What is the Fed Doing?
3:37 – Status of the U.S. Dollar as the Global Reserve Currency
6:40 – What can Investors do about Money Printing & Inflation?
M1 Money Supply Data: https://fred.stlouisfed.org/series/M1
M2 Money Supply Data: https://fred.stlouisfed.org/series/M2
Consumer Price Index (CPI) Data: https://www.bls.gov/cpi/data.htm
Chinese Yuan joins Special Drawing Rights (SDR) basket of currencies: https://www.businessinsider.com/chine...
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This content is for entertainment and education purposes only. Dr. Dan does not provide investment advice. The information in this video is being presented may not be suitable for all investors as it does not consider individual investor risk tolerance levels, investment goals, or financial circumstances. Past performance may not be a reliable indicator of future performance.
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