Coleman Church

See you on the other side.

can't just it's not no country is free to do exactly what it thinks it should do in its own interest they're all connected no uh and again back to the u.s i mean theoretically we we are or were based on the fact that we have the global reserve currency but there is a limit to everything at some point so what's the limit for the united states

It's hard to say what the limit is.

The limit is what loses the global reserve currency status, right?

And as I alluded to before, these things don't happen quickly.

They happen over a much longer period of time than anyone would think.

How do you, in simple terms to me, let's look at some global reserve currencies historically.

Dutch Gilder, British pound, US dollar, probably the most obvious examples in relatively recent history.

And what did they all have in common?

They ruled the seas, military dominance, right?

And, you know, you'll see memes online and people are like, you know, pictures of fleets of aircraft carriers in the Gulf and displays of military power.

That's what backs my currency.

And that is true.

But, you know, at some point,

you got to ask yourself a question like where, you know, also how did empires from Rome to the Dutch, to the Brits, like imperial overreach to an extent was what undid them, right?

And if we continue to, I mean, what concerns me, what concerns me longer term of the potential to lose the reserve status is if we lose our,

military dominance.

That's not happening, obviously, tomorrow or the next day.

There's a few things that could, obviously.

I mean, you're more versed than I am in this whole notion of modern-day drone warfare, but that certainly levels the playing field very, very quickly.