Trading Justice

Trading Justice 523 History of Currency III: China and the SDR

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Synopsis

Welcome to Episode 523 of the Trading Justice podcast where we present part three of a three-part series on the dollar. In part one of this series Matt walked through the history of currency up to 1944 when the Bretton Woods Agreement was signed. In part two Matt discussed he removal of the gold standard, the establishment of the petrodollar up to the Financial Crisis which would set the stage for China’s desire to move away from dollar dependency. In part three of this series Matt discusses China’s desire to move away from the dollar which started in 2009 and the historical developments that have occurred over the last 15 years. What has happened in the last 15 years, what is occurring in recent months and where does this all lead in the coming years for the dollar? What takeaways should investors have from these trends? Certainly, a podcast that you are going to want to listen to! Before that, the Justice boys discuss the upcoming earnings season in their Market Skyline segment. Earnings will be all the rag