De-Dollarization: Should We be Concerned? T.H. Williams, Ph.D., CFP®

Virtuent Wealth Management Group's Managing Director, T.H. Williams, Ph.D., CFP®  joins host Dirk Hobbs on Business Digest Weekly to discuss his popular article, "De-Dollarization: Should We be Concerned?"

Williams lends an academic and practical perspective to any concerns about the value of the U.S. dollar falling into jeopardy anytime soon. 

Williams explains what it takes to be a currency and why the U.S. dollar is uniquely positioned to reign supreme for the foreseeable future. Hear about: 

• Store of Value,
• Medium of Exchange,
• Unit of Measure, and
• Reliability & Stability

Also: What About The BRIC (Brazil, Russia, India* (Iran), and China)? These nations continue to attempt to formulate a global currency in order to become less reliant on the U.S. dollar. Their common interest driving this ambition? Their mutual distain for the United States. 

Enjoy this rich, educational piece with Dr. T.H. Williams and gain a more robust understanding of why and how the U.S. dollar is positioned well. 

See full article here: https://issuu.com/healthycoloradanmediagroup/docs/north_oct-nov_rev_1032023 (Pages 10-11)

*The nation of India has become far less defamatory in relation to the U.S. and its status as the standard for most global commerce infrastructure and value measurement. However, the nation of Iran has become far more defamatory and hostile to U.S. interest and its role in global markets. 

NOTE: This interview and article are NOT financial advice. The contents of this interview are offered for educational purposes only and are specific the article offered above. For more information about your specific financial situation and goals, consult a certified financial planner (CFP®). To learn more about Virtuent, visit www.virtuentwmg.com