Bridger PenningtonFund Launch & Investment Expert

The Dollar's Bad? | Bridger Penninton

19 Dec 2023 · 0 min

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Bridger Pennington argues the dollar isn't the problem. The yen, ruble, and Bitcoin can't replace it, and a BRICS currency faces the same obstacles that took the Euro 20 years to solve. There's no realistic alternative, so the dollar stays.

The dollar's bad, but compared to what? What else are you going to use? Yen? Rubles? Bitcoins? Like, nothing else, at least currently, competes. I know people who say the BRICS nations. It took the European Union 20 years to come out with the euro. 20 years. The BRICS nations are scattered countries. They're not natural allies. I think they can come out with a currency. They've said they wanted to. I just think it's going to take them a long time. And then also, why would you use that currency over the U.S. dollar? Like, it's always compared to what? That's the big question.