Could China's Currency Be The New World Reserve? | Economics Explained скачать в хорошем качестве

Could China's Currency Be The New World Reserve? | Economics Explained

Get your free subscription to Morning Brew at https://morningbrewdaily.com/economic... Since the end of World War 2 the US dollar has been world reserve currency, this means international transactions are overwhelmingly done in US dollars. This gives the US some key economic advantages. Naturally China wants to make its currency the world reserve currency, and as the second largest economy it makes some sense. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ The Economic Explained team uses Statista for conducting our research. Check out their YouTube channel:    / @statistaofficial   #Economics #Explained #EconomicsExplained #China #Chinaeconomy 0:00 - 1:13 Intro 1:14 - 2:00 Morning Brew 2:01 - 3:55 Bretton Woods 3:56 - 5:20 USD as reserve currency 5:21 - 7:00 Advantages of reserve currency 7:01 - 9:00 China's plans 9:01 - 9:47 Belt and road initiative 9:48 - 11:45 Ukraine war 11:46 - 14:47 Problems with the Chinese yuan 14:48 Morning Brew Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) →    / @economicsisepic   ✉️ Business Enquiries → [email protected] 🎧 Listen to EE on Spotify! 👉 https://anchor.fm/EconomicsExplained Follow EE on social media: Twitter 🐦 →   / economicsex   Facebook →   / economicsex   Instagram →   / economicsexplainedoffical   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉   / economicsexplained   The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Patrons, rotation 1 Andres Sepulveda, Antonio Morales, Joe Mulholland, Cypher Sand, cavemancamping, Michael Levin, Lauren, Randall Sylvia, Maff Bowers, Calvin, Guillermo, Sunil, Suhas Nadiga, Julius Schulte, Benjiman Law, Tom Aminikharrazi, Achilles Willow Keen, AJ Taylor, Trenton Campbell, Michele Mazzucchi, Robert Straw, Shane Nash, Kieran VR, Kersean Natividad, Nuno Costa, Farbod Baharkoush, Andrew Morgan, Andy Southgate, Ritch, Florian Verbeek, Craig A Stewart, Dean Basel, Fel Martins, josh, Markus Portmann, Daniel Kovacs, Andre Laferriere, Mike, Brian Gottlieb, Matt Brown, Alex Pynn, Vanya Davidenko, Christopher Perez, Yazen, erv4gen , Aaron Richards, Felix, jens august, Marius Faber, Paul Haworth, Philipp Wendler, Patryk Ozga, Jim Kirker, Mariusz Jamro, Juan C., truejediknight, Alexis Gorman, David Grimfors, Drolet Matthis, MageLord , Lars Andersen, Doug Oke, Daniel Williams, Michael Reynolds, Dilraba Ibrahim, Kosty Maleyev, Gerald Good, Martijn Meijer, Fergus Grenfell, John See, Dionysus Bacchus, Hugo Sykes, John Mendelson, Nate Flanders, Ula, Wizzz74 , Kenneth Oswalt, rohan antao, Vamsi Sakhamuri, John Mendelson, Liam Cairns, Mark Middle class patrons, rotation 1 Abel , James Oakden, Eric Slimko, Adam, Empyre18 , Cathleen Corrie, Geoff Stuart, Brian Jackson, Istvan P, Johann D??pke, Leonid Sorokoumov, Carl Malartre, Edward Bass, Thomas Davenport, Nicholas Luchetta, TParkin, Kim Brand, Ted Marcy, Eliana, cardboardpig, Joshua White, John Issitt, Joe Ryan, Patrick Staight, Wees Kendall, Shane Guthrie, Andrew Baartz, Justin Smith, Karan Mehta, Alex, Amit Fortis, Elisabeth Stanfield, Ash, Marton Csikos, Randy Cleary, Arjan, Marton Szasz, Liubov Zvereva, Jeff York, Michael D. Hall, Long Phan, hunter dalton, Michael G, Craig Mews, Kent Klatchuk, Stefan Penner, ZETTAwith3TEEES , Zac Woodrell, Enrique Gutierrez, Riley Donegan, Jacqueline Reich, Roman~1, Chris Hawkins, Wesley Fite, Robert Nyborg, David McIlveen, Gregory Moore, Anthony , Arend Peter Castelein, Daniel Alberto V?­zquez Rodr??guez, David Atlas, Bret Allan, Kamil Sicinski, Bernardo , Ben Cheung, Dodd Willingham, Leo Vassershteyn, How long can a profile name be... this long... Wow, this is longer than I would have expected. Good lord, the letters! Secunda!, Upper middle class patrons Andrew Schechtman, Michael Ling, Cy 'kkm' K'Nelson, Bob Burdett, Stephanie Roth, Frank Soltero, David Poliakoff, Johan Auster, Jay Eno, Philip, Ryan Foo, Gr??goire Duch?¦ne, Sophie G, Brett Jubinville, Anthony Roberts, jill hoffman, Christopher Blackmon, Nathan Ngumi, JKH , Luis Bernal, Milo ­ RankoviŽ?, Denzil, Samantha Satow, Constanza de Svastich, Marie and Peter, Rachel Winters, Steffen Lindner, Laor Glukhovsky, Kib Bibens-LeFebvre, Forodon, Daniel Hardingham, Paul Ashworth, BlobyTwo , Igor Stavchanskiy, Mcfeld, Wendover Productions, Michael Chang, Shab Kumar, Andrew Harrison, Hector Mayorga, Alex Gogan, Morgon Goranson, Irsal Mashhor, Jack Doe, Igor Bazarny Upper class patrons Jeromy Johnson