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Currencies Worth More Than the U.S. Dollar · Earn Your Leisure

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  Speaker 1: Money.
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  Speaker 2: It comes with a lot of questions and Fidelity can
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  Speaker 2: wealth to learn more.
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  Speaker 3: Put a post up on social media a couple of
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  Speaker 3: days ago, and uh it ruffled a lot of people's Yes. Surprisingly, surprisingly,
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  Speaker 3: got a quarter free phone cross all it did. All
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  Speaker 3: it did was say the currencies that are worth more
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  Speaker 3: than the US dollar, meaning that their dollar is stronger
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  Speaker 3: than the US dollar. And the number one currency was
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  Speaker 3: the Kuwaiti dinar is one American dollar is equal to
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  Speaker 3: three point two dollars, and then the Brian Nanian uh
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  Speaker 3: dinnar is one dollar to two point six. And then
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  Speaker 3: I'm monying your money, yeah, one to two point five
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  Speaker 3: to Jordan gnar one to one point four pound sterling,
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  Speaker 3: which is the one to one point two uh, the
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  Speaker 3: Gibraltar pound one to one point two point four, the
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  Speaker 3: Cayman Island dollar one to one point two, the euro
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  Speaker 3: is one to one point one. And also there wasn't
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  Speaker 3: enough room for the Swiss frank which is also one
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  Speaker 3: to one point one. So it's just non currencies who
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  Speaker 3: have nine countries who have stronger currencies than the US dollar. Now,
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  Speaker 3: this is an interesting conversation because people, not everybody, but
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  Speaker 3: a lot of people were upset about the post. They
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  Speaker 3: said it was like fear mongering, and there was disappointing
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  Speaker 3: and it's like you're you're championing the fall of America.
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  Speaker 4: Look, I said this, You guys ask for the information,
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  Speaker 4: then when we give it you get upset. So we
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  Speaker 4: can either give you the truth and let the truth settle,
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  Speaker 4: or we can lie to you.
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  Speaker 3: Actually here, what.
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  Speaker 4: Did you do not to lie?
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  Speaker 1: I think the interesting part is like maybe there's a confusion, right,
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  Speaker 1: the fall of America.
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  Speaker 3: All the American has been predicted for a long time. People,
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  Speaker 3: What do you.
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  Speaker 4: Look Ray Dallio's books, he walked through the same thing.
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  Speaker 4: You can argue the number one heads fun manager of
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  Speaker 4: all time has been saying this as well. If you've
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  Speaker 4: been awake the last twenty years, you can see, like
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  Speaker 4: most countries planning their attack over fifty years very quietly,
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  Speaker 4: America is the only country on Earth that screams, hey,
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  Speaker 4: we are coming to kill you. So if China went
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  Speaker 4: to Africa and got all the lithium minds and they're
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  Speaker 4: going to go to attack Taiwan for that company, what
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  Speaker 4: do you think they plan to build. And if Elon
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  Speaker 4: goes there and they build that fucking supercomputer, you think
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  Speaker 4: they're doing that for play. No, when a Swiss frame
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  Speaker 4: got deepagged in twenty sixteen, the fell apart. They've been
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  Speaker 4: waiting for their moment as well. The Byranian dinar, like
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  Speaker 4: if you travel this is why is really key Again.
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  Speaker 4: love listen. You need anational and I don't want about
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  Speaker 4: to think I'm kping what I'm saying, but you.
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  Speaker 1: Real quick, come on, man, do you think the uproar
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  Speaker 1: was because people are correlating the worth of the currency
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  Speaker 1: and comparing the strength of the economy, right, the economy, right,
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  Speaker 1: I think there's there's that's the confusion, right they think, oh, wait,
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  Speaker 1: you're saying that because the currency is more that that's
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  Speaker 1: a strongerdomy.
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  Speaker 3: We also got a certain level of education. This is
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  Speaker 3: why we're here, right, Yes, we have to educate the people.
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  Speaker 3: Because there's some countries that keep their currency low on purpose,
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  Speaker 3: like China or import export, import export purposes. There's some
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  Speaker 3: countries that prefer to keep their currency higher for different reasons,
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  Speaker 3: just because your currency, Yeah, it's not well. First of
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  Speaker 3: all is that you gotta get You can't get emotional.
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  Speaker 3: That's the first thing. Like, you can't be emotional with
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  Speaker 3: emotional the block you gotta like just emotion. Nothing ky
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  Speaker 3: to take into information because it's useful because it's like, okay,
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  Speaker 3: at the very least, at the very least, if you're
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  Speaker 3: traveling to these countries, you should know how much your
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  Speaker 3: dollar is worth because it could either be beneficial, it
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  Speaker 3: could be harmful. If you're in Canada, it's beneficial because
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  Speaker 3: our dollars strong than the Canadian dollars earners.
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  Speaker 3: So that means our buying power is higher. Our buying
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  Speaker 3: power for just basic items like clothes, but also for
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  Speaker 3: real estate as well. But when you got when you
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  Speaker 3: go to London, the dollar is weaker than the pound,
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  Speaker 3: So that means that their buying power is stronger than
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  Speaker 3: us for basic barbary coaches, but also for real estate
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  Speaker 3: as well, and a variety of other things. So you,
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  Speaker 3: as an intelligent person and as a world traveler, at
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  Speaker 3: the very least, you should be aware of where your
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  Speaker 3: native currency is strong and where your native currency is weak.
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  Speaker 3: And there's more into the conversation, but it's not something
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  Speaker 3: to be upset.
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  Speaker 2: About for educational purposes only right, Like you can the information,
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  Speaker 2: like the information is what it is, like we didn't
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  Speaker 2: it wasn't made up.
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  Speaker 1: These are these are real facts.
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  Speaker 3: And well, don't make a post next week.
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  Speaker 1: They're gonna use chat have the draftics and.
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  Speaker 4: They took all all about China and Russia in the remixing.
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  Speaker 4: But look, we're tenth. We are not even in the
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  Speaker 4: playing game. Austin reeves not gonna save us the game.
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  Speaker 4: Neither will he saved the Lakers, like the Euro has
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  Speaker 4: outpaced the Swiss, frank came an island dollar. Like that's
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  Speaker 4: why I'll say and remember two years ago I was saying,
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  Speaker 4: go study every country, top five governments, top five institutions,
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  Speaker 4: to see what they're doing. If you don't think so,
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  Speaker 4: if Germany leaves the EU and teams up with Russia
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  Speaker 4: because they were one of the two countries that was
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  Speaker 4: keeping the EU afloat, this bricks thing has been playing
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  Speaker 4: for a long time. So if Germany gets mad and
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  Speaker 4: wants revenge on the United States of America as well,
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  Speaker 4: because that history is very troubled, then what Frank is
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  Speaker 4: going to go with them? And for those of you
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  Speaker 4: who are saying, hey, well, Japan had a dominant run
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  Speaker 4: in the eighties and that didn't farewell for them. We
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  Speaker 4: put them into so much debt theree Confessions of economic
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  Speaker 4: Kidman to tell you why.
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  Speaker 3: And can Germany go to war?
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  Speaker 2: Still?
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  Speaker 4: They got such that can be an ally in a war.
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  Speaker 3: They lost their military. They're like Japan, you know, that's
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  Speaker 3: one thing.
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  Speaker 4: Though this is not a head up or like we
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  Speaker 4: keep saying though.
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  Speaker 3: So this is this history is very important to understand.
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  Speaker 3: And after World after World War Two, when Japan suffered
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  Speaker 3: the defeat, they crushed their military. They told Japan they
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  Speaker 3: can't have a military for I forgot how many years old.
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  Speaker 3: Japan has a very military even to this day. But
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  Speaker 3: what Japan did was they say, okay, we know that
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  Speaker 3: we can't have a military, and we're kind of screwed
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  Speaker 3: on that situation, and we're relatively a small island. They
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  Speaker 3: focused on technology. Yep, they focused their attention on technology
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  Speaker 3: because they said, okay, being that when you took our
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  Speaker 3: military away, how else can we compete in the global economy.
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  Speaker 4: But who took the military away? Quick question?
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  Speaker 3: NATO?
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  Speaker 4: Before then?
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  Speaker 3: Well before then, well that's what it happened. Is is
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  Speaker 3: that not what happened?
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  Speaker 4: It was, yes, but that was the nail in the
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  Speaker 4: coffin before then the deal that they've reached with Germany,
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  Speaker 4: and Hitler was very elect to that downfall. So Hitler
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  Speaker 4: made an agreement with them, if you let me have
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  Speaker 4: this portion of the country, I want to invade the rest.
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  Speaker 4: Hitler doesn't have the highest moral standing. What happened, got
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  Speaker 4: part of that country invade and took over the rest,
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  Speaker 4: and then later this is why history is so important.
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  Speaker 4: We're the only country that does not look at a
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  Speaker 4: hundred year cycles and see what our competitors are doing.
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  Speaker 4: How old is China fifty years sixty years to get
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  Speaker 4: revenge is nothing to them. And if you don't think
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  Speaker 4: they're not knocking on everyone's door and say hey, come
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  Speaker 4: join my team. It's like the Big Three, like on
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  Speaker 4: Lebron when it got d Waight Melo was supposed to
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  Speaker 4: go there. They're knocking on everybody's door cause like China
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  Speaker 4: doesn't have to be number one, they just have to
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  Speaker 4: be center focused. So if they have all these spokes
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  Speaker 4: of protection in every country, they can beat us through
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  Speaker 4: a bunch of proxy wars.
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