News: Fox News Now Predicting HYPERINFLATION?
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 28 March 2023
⏱️ 17 minutes
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| 0:00.0 | Hello fellow rebel capitalists hope you're well Fox News is going viral right now for coming out and basically |
| 0:07.2 | predicting the end of the dollar and hyper-inflation because all these brick countries are settling transactions in non-dollar |
| 0:16.6 | so let's go right over to Twitter and check this out we're actually going to hear a part of this |
| 0:21.7 | clip that I think is completely ridiculous. |
| 0:25.0 | It just goes to show you that you can't listen to any of the mainstream media. |
| 0:31.0 | It's all complete garbage, whether it's Fox News or CNN. I don't know which |
| 0:36.6 | ones were, probably CNN, but let's get over to Twitter and check this out. This is the tweet I sent out earlier. Fox News is talking |
| 0:44.5 | about hyper-inflation because brick countries are settling in non-dollar. |
| 0:47.8 | There are many reasons and this is true the US could experience high levels of inflation. In fact, throughout this entire decade, |
| 0:56.0 | I think it's going to be an inflationary decade similar to the 1940s, but I said the fact that |
| 1:01.3 | brick countries are settling outside of the dollar is not one of them. |
| 1:08.7 | And this will not lead to hyper-inflation. |
| 1:12.9 | Why? |
| 1:13.9 | Most of you guys know this. |
| 1:15.3 | Because there's so much dollar-denominated debt out there |
| 1:18.3 | that's always gonna create demand for dollars, |
| 1:21.0 | especially if the amount of dollar-denominated debt globally is increasing. |
| 1:26.8 | So I said, ignore the media, focus on dollar-denominated debt. |
| 1:31.3 | If you start to see that percentage of global debt denominated in dollars really coming down, |
| 1:38.0 | then you're not going to worry about hyper-inflation, but you're going, that could be significantly inflation. |
| 1:44.2 | That could be a big deal, and that could be a sign that the dollar is really losing reserve |
| 1:49.6 | currency status, or it's slowly deteriorating. I think that's probably a better way to say it and |
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