EPISODE · Apr 29, 2023 · 35 MIN
🔴 The Yuan's Commercial Use Is Growing Rapidly - (Optional Dollar Shortage Backfill) | RTD Live Talk
from Rethinking the Dollar · host Mike
Argentina has announced that it will start paying for Chinese imports in yuan instead of dollars to ease the outflow of dollars, relieve dwindling dollar reserves and boost international reserves. This decision comes after Argentina expanded its currency swap with China by $5 billion in November last year, and in April, it aims to pay around $1 billion of Chinese imports in yuan. 🔔 Stay in the know with RTD! Subscribe to our channel, click the notification bell, and join us for our next live on-air. Bring a topic and let's talk about it! Connect with us 👉 https://www.rtd.news 🚨 Be warned of potential food shortages and prepare with 4Patriots Survival Food kits, which are compact, stackable, and have received 5-star reviews for their flavor and taste, with 10% off your first purchase by using the code RTD at 4Patriots.com. Don't wait until SHTF, visit https://www.4patriots.com/rtd now! Watch the De-dollarization video archives here: https://www.rethinkingthedollar.com/dedollarization 📢 Disclaimer: The opinions expressed in this video are for educational and entertainment purposes only. They should not be used for investment decisions or tax advice and do not constitute personalized investment advice. Thank you for watching!
What this episode covers
Argentina has announced that it will start paying for Chinese imports in yuan instead of dollars to ease the outflow of dollars, relieve dwindling dollar reserves and boost international reserves. This decision comes after Argentina expanded its currency swap with China by $5 billion in November last year, and in April, it aims to pay around $1 billion of Chinese imports in yuan. 🔔 Stay in the know with RTD! Subscribe to our channel, click the notification bell, and join us for our next live on-air. Bring a topic and let's talk about it! Connect with us 👉 https://www.rtd.news 🚨 Be warned of potential food shortages and prepare with 4Patriots Survival Food kits, which are compact, stackable, and have received 5-star reviews for their flavor and taste, with 10% off your first purchase by using the code RTD at 4Patriots.com. Don't wait until SHTF, visit https://www.4patriots.com/rtd now! Watch the De-dollarization video archives here: https://www.rethinkingthedollar.com/dedollarization 📢 Disclaimer: The opinions expressed in this video are for educational and entertainment purposes only. They should not be used for investment decisions or tax advice and do not constitute personalized investment advice. Thank you for watching!
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🔴 The Yuan's Commercial Use Is Growing Rapidly - (Optional Dollar Shortage Backfill) | RTD Live Talk
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