Why Is The Australian Dollar Collapsing?! скачать в хорошем качестве

Why Is The Australian Dollar Collapsing?!

Want to achieve financial freedom and build lasting wealth? Get the strategies you need—grab your copy of Money Buys Happiness today: http://moneybuyshappinessbook.com In this episode, Lloyd James Ross, a seven-figure investor and entrepreneur, delves into the current state of the Australian economy and the declining value of the Australian dollar. He highlights the lack of innovation in Australia, comparing it to tech giants like Apple, and discusses how this stagnation is impacting the economy. With a staggering $577 billion pumped into the economy during COVID—representing 30% of the country's GDP—Lloyd explores the implications of this money printing on inflation, debt, and public trust. He also explains what fiat currency is and the historical context of the Aussie dollar's float. Tune in for insights on financial strategies to combat the rising cost of living and regain control over your wealth. Follow Lloyd: https://www.instagram.com/lloydjamesr... https://www.linkedin.com/in/lloyd-jam...   / 5stepstomillions     / lloydjross   https://x.com/lloydjamesross Timestamps 00:00:00 - Introduction [00:01:12] Australian dollar value decline. [00:03:15] Australian dollar's currency history. [00:07:45] Inflation-led currency devaluation. [00:10:58] Currency loss of trust. [00:15:58] Inflation drivers in Australia. [00:17:34] Government stimulus and economic impact. [00:20:43] Australian dollar and China’s economy. [00:24:15] Debt to GDP in Australia. [00:27:04] Geopolitical tensions and currency risk. [00:30:06] Australia's economic innovation challenges. [00:33:35] Protecting wealth from inflation.