TOP COMMENTS FROM VIDEO BELOW
I get the impression from your guest that USD will go away slowly but long ways away. I disagree. It will happen much more sudden and abrupt. A perfect storm between, US debt, dumping of treasury bonds by holders, disappearance of petrodollar, increasing interest rates, real estate bubble, and even a bigger car loan bubble is about to be unleashed.
And most important is the lack of confidence of international players in US markets and USD in general due to weaponization of the currency and sanctions at will. No sovereign fund or investor will find any of this appealing.
Your guest, being a lifelong bond trader, has a skin in the game to prop up the dollar, otherwise he will be out of a job permanently. And it is coming.
to a hungry man the only valid currency is bread. All other currencies are an act of imagination.
