@jorexthox4330
Currency 💵 power is based on resources is one explanation… but i think sell and buy trade if supply and demand makes more sense… Petro dollar 💵 is an example of resource backing money 💰, but market trade and goods also back dollar 💵 policy politics too
@felipepardo129
thank you for helping understang why the dolar goes up or down
@yt_bharat
Thank you for an amazing explanation, i ve always wondered this ! Please keep educating
@eugeneteo9664
corruption is also another reason why currency fluctuate.
@notorious815
I understood until 2:22. then it got too confusing lol
@oldestries
Simple answer, NIXON in 1971.
@the4hunters
Perfect and straight to the point 👍
@jadnnn
Thank you from canada❤❤❤
@TriPham-j3b
Dollar stabilities because infrastructure ensure the logistics is solid so less fluctuate
@muskduh
thanks for the review
@TriPham-j3b
Frequency of stock and currency meeting make short or long run rate of exchange and the contrast of economic activities among big economies make over or under estimate needs or want in supply then disruption in transportation or fuel price can change sudden move out of balance and spiral down is devastating
@rob2r1028
apologies if naive: is gold completely arbitrary then? it only works because we believe it works/holds value?
@JoshKings-tr2vc
Good video
@kgaogelomashiloane6258
very informative, thank you !
@tawfikahmed.2526
How do any of the countries in the example value their copper or aluminum?... For example Canada has 100 tons of copper... n let's say it has 1000 CADs printed. How does it value a 1 ton of copper now? Furthermore. Isn't it more accurate to say that the price of copper in canada is what goes up instead of the value of CAD?
@Milly5288
great video. Big fan from Australia
@rhondamoses9084
As usual Christ, your Commentaries, are Informational, insightful and historical .knowledge concerning the countries That have natural resources. China really study the economic markets! I remember when my grandfather spoke on the importance of Gold. Back in the 1960's Thanks for sharing 🙂
@jorexthox4330
Uh 🙄 that didn’t explain it 😂
@thelistener8357
Thank u
@chris.haroun