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listening. Terms apply. The end of the U.S. dollar is happening much faster than anyone thought possible.

Now more than ever, there are a lot of questions about the stability and the future of the U.S.

dollar. Will the U.S. dollar crash? How many countries are abandoning the U.S. dollar

in favor of the BRICS. currency? You have Russia, China. You have South Africa. You have all of

these countries saying

enough with the U.S. dollar. So we're going to unpack this today on today's show. Let's get

into some of the nitty-gritty details here about the dollar, which has held its power in global

trade for decades, of course, since World War II. It's been the principal reserve currency

of the world. So what exactly does that mean? Well,

a reserve currency is held and used by institutions and central banks around the world for international

transactions, major commodities like gold, lumber, oil, all priced in dollars. We'll settle our oil

transactions in petro dollars, right? We're going to use U.S. dollars to settle those transactions.

Global trade runs on the U.S. dollar. It has long been an important cornerstone in the global

economy due to its ease of conversion and its value. And of course, the United States would back the

U.S. dollar with the power of the U.S. military. That was the agreement made during the Bretton Woods

conference, right? We will police the waterways with our U.S. military. That was the agreement made during the Bretton Woods conference,

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