Mike Kudzel

So, okay, if the U.S. dollar were to stop being the world's reserve currency... What happens? Like if I'm a central banker shopping for a new reserve currency, what are my best options? I asked each far. This is my little list. China, Europe, Germany, France, question mark, question mark. Oh, I forgot the UK entirely. Sorry. Whoops. Japanese yen.

So, okay, if the U.S. dollar were to stop being the world's reserve currency... What happens? Like if I'm a central banker shopping for a new reserve currency, what are my best options? I asked each far. This is my little list. China, Europe, Germany, France, question mark, question mark. Oh, I forgot the UK entirely. Sorry. Whoops. Japanese yen.

So, okay, if the U.S. dollar were to stop being the world's reserve currency... What happens? Like if I'm a central banker shopping for a new reserve currency, what are my best options? I asked each far. This is my little list. China, Europe, Germany, France, question mark, question mark. Oh, I forgot the UK entirely. Sorry. Whoops. Japanese yen.

And then they're like kind of littler guys like Australia, South Korea, Canada. And then there's gold and Bitcoin. Does that sound like the menu of options to you?

And then they're like kind of littler guys like Australia, South Korea, Canada. And then there's gold and Bitcoin. Does that sound like the menu of options to you?

And then they're like kind of littler guys like Australia, South Korea, Canada. And then there's gold and Bitcoin. Does that sound like the menu of options to you?

I actually went through every single one of those possibilities with Ishwar. What about our old favorite, our old friend, the pound sterling?

I actually went through every single one of those possibilities with Ishwar. What about our old favorite, our old friend, the pound sterling?

I actually went through every single one of those possibilities with Ishwar. What about our old favorite, our old friend, the pound sterling?

Slow economic growth. Let's go to Japan. What are we looking at?

Slow economic growth. Let's go to Japan. What are we looking at?

Slow economic growth. Let's go to Japan. What are we looking at?

Same problem, not much growth. Plus, Japan's population shape is all wrong. From an economics perspective, they have too many old people drawing down their pensions and not generating money.

Same problem, not much growth. Plus, Japan's population shape is all wrong. From an economics perspective, they have too many old people drawing down their pensions and not generating money.

Same problem, not much growth. Plus, Japan's population shape is all wrong. From an economics perspective, they have too many old people drawing down their pensions and not generating money.

They don't want to be the reserve currency. So I asked about Australia. And it turns out, yeah, the Aussie dollar is on the rise. And so is the Canadian dollar and the South Korean won and even the Indian rupee.

They don't want to be the reserve currency. So I asked about Australia. And it turns out, yeah, the Aussie dollar is on the rise. And so is the Canadian dollar and the South Korean won and even the Indian rupee.

They don't want to be the reserve currency. So I asked about Australia. And it turns out, yeah, the Aussie dollar is on the rise. And so is the Canadian dollar and the South Korean won and even the Indian rupee.

OK. OK. So it's like a Franken reserve currency.

OK. OK. So it's like a Franken reserve currency.