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Inflation is a matter of the fundamental soundness of currency, but that principle plays out differently in different types of countries. This video deals with the special circumstances of the United States dollar and its history as a reserve currency. Reserve currencies are by definition more integrated into the global monetary system which creates certain advantages but also increases certain risks from global system. This video shows why the US Dollar has remained the reserve currency longer than some have expected, and what the end to that status might look like.
Jerry Bowyer is the author of The Maker Versus the Takers: What Jesus Really Said About Social Justice and Economics. He is a member of the Vident Index Policy Committee, editor of Townhall Finance, and president of Bowyer Research. Jerry is also resident economist with Kingdom Advisors and is on the editorial board of Salem Communications. He has been a Forbes.com columnist, has appeared on Fox Business News, Fox News, and CNBC, and has written for numerous publications. Jerry lives in Pennsylvania with his wife, Susan, and the youngest three of their seven children.