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Inflation is a matter of the fundamental soundness of currency, but that principle plays out differently in different types of countries. This video deals with the special circumstances of the United States dollar and its history as a reserve currency. Reserve currencies are by definition more integrated into the global monetary system which creates certain advantages but also increases certain risks from global system. This video shows why the US Dollar has remained the reserve currency longer than some have expected, and what the end to that status might look like.
Jerry Bowyer is President of Bowyer Research consulting firm, editor of the business channel of The Christian Post, opinion columnist for WORLD Opinions, host of Meeting of Minds with Jerry Bowyer podcast, host of Business in the Kingdom podcast on the Edifi podcast network, and author of The Maker Versus the Takers: What Jesus Really Said About Social Justice and Economics. He is also Resident Economist with Kingdom Advisors, serves on the Editorial Board of Salem Communications, and is Senior Fellow in Financial Economics at the Center for Cultural Leadership. He has been a Forbes.com columnist and a frequent commentator on Fox Business News, Fox News, and CNBC. Jerry lives in Pennsylvania with his wife, Susan.