The WealthAbility Show with Tom Wheelwright, CPA

← The WealthAbility Show with Tom Wheelwright, CPA23 Apr Β· 34 min

The Dollar Is In Jeopardy & Its Cost to Our Future

The Dollar Is In Jeopardy & Its Cost to Our Future23 Apr34 min

πŸ‘‰ https://bit.ly/41d3Kmy πŸ‘ˆ CLICK HERE Ready to change your financial future? Join Tom Wheelwright, Robert Kiyosaki's CPA, and apply to the WealthAbility Accelerator today!

The dollar is in jeopardy not only with the conflict in Iran, but with the massive disruption we are witnessing globally. What does this mean with the current inflation- and for the future of our dollar? Join Tom Wheelwright as he discovers how this will affect us and how to prepare with his guest, professor, economist, and author of Money Beyond Borders, Barry Eichengreen.

Barry Eichengreen is the George C. and Helen N. Pardee Chair and Distinguished Professor of Economics and Political Science at the University of California, Berkeley. He is the author and coauthor of many books, including Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System; How Global Currencies Work (Princeton); and Globalizing Capital (Princeton).

In this episode, explore how the US dollar is declining in the global domain, exactly why countries are looking for alternative currencies, and the preparations needed as our country navigates this conflict.

Order Tom's book, "The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make" at: https://winwinwealthstrategy.com/

00:00 - Intro.

02:10 - Stability At Risk: Where the Dollar Stands Domestically, Globally, and Why It Is Important.

06:44 - Fluctuation: Strong Dollar vs. Weak Dollar.

09:19 - Strength of the Dollar Affects Interest Rates.

11:39 - Russia & Ukraine: Sanctions, Results, Consequences.

17:20 - The Middle East: The Past, The Present, Negative Repercussions for the Dollar.

23:45 - Trump Faces These Economic Pressures.