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Speaker 1: Money.

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Speaker 2: It comes with a lot of questions and Fidelity can

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Speaker 2: help you get answers. Visit fidelity dot com slash black

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Speaker 2: wealth to learn more.

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Speaker 3: Put a post up on social media a couple of

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Speaker 3: days ago, and uh it ruffled a lot of people's Yes. Surprisingly, surprisingly,

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Speaker 3: got a quarter free phone cross all it did. All

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Speaker 3: it did was say the currencies that are worth more

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Speaker 3: than the US dollar, meaning that their dollar is stronger

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Speaker 3: than the US dollar. And the number one currency was

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Speaker 3: the Kuwaiti dinar is one American dollar is equal to

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Speaker 3: three point two dollars, and then the Brian Nanian uh

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Speaker 3: dinnar is one dollar to two point six. And then

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Speaker 3: I'm monying your money, yeah, one to two point five

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Speaker 3: to Jordan gnar one to one point four pound sterling,

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Speaker 3: which is the one to one point two uh, the

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Speaker 3: Gibraltar pound one to one point two point four, the

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Speaker 3: Cayman Island dollar one to one point two, the euro

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Speaker 3: is one to one point one. And also there wasn't

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Speaker 3: enough room for the Swiss frank which is also one

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Speaker 3: to one point one. So it's just non currencies who

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Speaker 3: have nine countries who have stronger currencies than the US dollar. Now,

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Speaker 3: this is an interesting conversation because people, not everybody, but

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Speaker 3: a lot of people were upset about the post. They

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Speaker 3: said it was like fear mongering, and there was disappointing

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Speaker 3: and it's like you're you're championing the fall of America.

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Speaker 4: Look, I said this, You guys ask for the information,

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Speaker 4: then when we give it you get upset. So we

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Speaker 4: can either give you the truth and let the truth settle,

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Speaker 4: or we can lie to you.

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Speaker 3: Actually here, what.

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Speaker 4: Did you do not to lie?

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Speaker 1: I think the interesting part is like maybe there's a confusion, right,

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Speaker 1: the fall of America.

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Speaker 3: All the American has been predicted for a long time. People,

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Speaker 3: What do you.

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Speaker 4: Look Ray Dallio's books, he walked through the same thing.

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Speaker 4: You can argue the number one heads fun manager of

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Speaker 4: all time has been saying this as well. If you've

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Speaker 4: been awake the last twenty years, you can see, like

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Speaker 4: most countries planning their attack over fifty years very quietly,

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Speaker 4: America is the only country on Earth that screams, hey,

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Speaker 4: we are coming to kill you. So if China went

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Speaker 4: to Africa and got all the lithium minds and they're

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Speaker 4: going to go to attack Taiwan for that company, what

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Speaker 4: do you think they plan to build. And if Elon

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Speaker 4: goes there and they build that fucking supercomputer, you think

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Speaker 4: they're doing that for play. No, when a Swiss frame

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Speaker 4: got deepagged in twenty sixteen, the fell apart. They've been

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Speaker 4: waiting for their moment as well. The Byranian dinar, like

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Speaker 4: if you travel this is why is really key Again.

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Speaker 4: I did not go to Mexico just because the beaches

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Speaker 4: were pretty and so were some of the women. Hey baby,

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Speaker 4: I'll say you all love you so much. Listen, I

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Speaker 4: love listen. You need anational and I don't want about

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Speaker 4: to think I'm kping what I'm saying, but you.

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Speaker 1: Real quick, come on, man, do you think the uproar

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Speaker 1: was because people are correlating the worth of the currency

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Speaker 1: and comparing the strength of the economy, right, the economy, right,

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Speaker 1: I think there's there's that's the confusion, right they think, oh, wait,

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Speaker 1: you're saying that because the currency is more that that's

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Speaker 1: a strongerdomy.

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Speaker 3: We also got a certain level of education. This is

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Speaker 3: why we're here, right, Yes, we have to educate the people.

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Speaker 3: Because there's some countries that keep their currency low on purpose,

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Speaker 3: like China or import export, import export purposes. There's some

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Speaker 3: countries that prefer to keep their currency higher for different reasons,

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Speaker 3: just because your currency, Yeah, it's not well. First of

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Speaker 3: all is that you gotta get You can't get emotional.

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Speaker 3: That's the first thing. Like, you can't be emotional with

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Speaker 3: emotional the block you gotta like just emotion. Nothing ky

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Speaker 3: to take into information because it's useful because it's like, okay,

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Speaker 3: at the very least, at the very least, if you're

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Speaker 3: traveling to these countries, you should know how much your

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Speaker 3: dollar is worth because it could either be beneficial, it

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Speaker 3: could be harmful. If you're in Canada, it's beneficial because

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Speaker 3: our dollars strong than the Canadian dollars earners.

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Speaker 2: What's up? You ever walk into a small business and

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Speaker 2: everything just works like the checkout is fast, the receipts

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Speaker 5: An illegal alien from Guatemala charged with raping a child

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Speaker 5: in Massachusetts. An MS thirteen gang member from Al Salvador

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Speaker 5: accused of murdering a Texas. Man of Venezuelan charged with

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Speaker 5: filming and selling child pornography in Michigan. These are just

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Speaker 5: some of the heinous migrant criminals caught because of President

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Speaker 5: Donald J. Trump's leadership. I'm Christy Noman, the United States

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Speaker 5: Secretary of Homeland Security. Under President Trump, attempted illegal border

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Speaker 5: crossings are at the lowest levels ever recorded, and over

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Speaker 5: one hundred thousand illegal aliens have been arrested. If you

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Speaker 5: are here illegally, your next you will be fine nearly

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Speaker 5: one thousand dollars day day. Imprisoned and deported, you will

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Speaker 5: never return. But if you register using our CBP home

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Speaker 5: app and leave now, you could be allowed to return legally.

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Speaker 5: Do what's right. Leave now. Under President Trump, America's laws,

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Speaker 5: border and families will.

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Speaker 4: Be protected sponsored by the United States Department of Homeland Security.

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Speaker 3: So that means our buying power is higher. Our buying

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Speaker 3: power for just basic items like clothes, but also for

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Speaker 3: real estate as well. But when you got when you

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Speaker 3: go to London, the dollar is weaker than the pound,

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Speaker 3: So that means that their buying power is stronger than

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Speaker 3: us for basic barbary coaches, but also for real estate

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Speaker 3: as well, and a variety of other things. So you,

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Speaker 3: as an intelligent person and as a world traveler, at

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Speaker 3: the very least, you should be aware of where your

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Speaker 3: native currency is strong and where your native currency is weak.

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Speaker 3: And there's more into the conversation, but it's not something

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Speaker 3: to be upset.

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Speaker 2: About for educational purposes only right, Like you can the information,

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Speaker 2: like the information is what it is, like we didn't

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Speaker 2: it wasn't made up.

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Speaker 1: These are these are real facts.

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Speaker 3: And well, don't make a post next week.

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Speaker 1: They're gonna use chat have the draftics and.

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Speaker 4: They took all all about China and Russia in the remixing.

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Speaker 4: But look, we're tenth. We are not even in the

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Speaker 4: playing game. Austin reeves not gonna save us the game.

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Speaker 4: Neither will he saved the Lakers, like the Euro has

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Speaker 4: outpaced the Swiss, frank came an island dollar. Like that's

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Speaker 4: why I'll say and remember two years ago I was saying,

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Speaker 4: go study every country, top five governments, top five institutions,

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Speaker 4: to see what they're doing. If you don't think so,

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Speaker 4: if Germany leaves the EU and teams up with Russia

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Speaker 4: because they were one of the two countries that was

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Speaker 4: keeping the EU afloat, this bricks thing has been playing

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Speaker 4: for a long time. So if Germany gets mad and

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Speaker 4: wants revenge on the United States of America as well,

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Speaker 4: because that history is very troubled, then what Frank is

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Speaker 4: going to go with them? And for those of you

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Speaker 4: who are saying, hey, well, Japan had a dominant run

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Speaker 4: in the eighties and that didn't farewell for them. We

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Speaker 4: put them into so much debt theree Confessions of economic

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Speaker 4: Kidman to tell you why.

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Speaker 3: And can Germany go to war?

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Speaker 2: Still?

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Speaker 4: They got such that can be an ally in a war.

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Speaker 3: They lost their military. They're like Japan, you know, that's

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Speaker 3: one thing.

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Speaker 4: Though this is not a head up or like we

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Speaker 4: keep saying though.

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Speaker 3: So this is this history is very important to understand.

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Speaker 3: And after World after World War Two, when Japan suffered

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Speaker 3: the defeat, they crushed their military. They told Japan they

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Speaker 3: can't have a military for I forgot how many years old.

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Speaker 3: Japan has a very military even to this day. But

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Speaker 3: what Japan did was they say, okay, we know that

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Speaker 3: we can't have a military, and we're kind of screwed

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Speaker 3: on that situation, and we're relatively a small island. They

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Speaker 3: focused on technology. Yep, they focused their attention on technology

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Speaker 3: because they said, okay, being that when you took our

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Speaker 3: military away, how else can we compete in the global economy.

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Speaker 4: But who took the military away? Quick question?

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Speaker 3: NATO?

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Speaker 4: Before then?

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Speaker 3: Well before then, well that's what it happened. Is is

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Speaker 3: that not what happened?

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Speaker 4: It was, yes, but that was the nail in the

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Speaker 4: coffin before then the deal that they've reached with Germany,

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Speaker 4: and Hitler was very elect to that downfall. So Hitler

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Speaker 4: made an agreement with them, if you let me have

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Speaker 4: this portion of the country, I want to invade the rest.

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Speaker 4: Hitler doesn't have the highest moral standing. What happened, got

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Speaker 4: part of that country invade and took over the rest,

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Speaker 4: and then later this is why history is so important.

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Speaker 4: We're the only country that does not look at a

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Speaker 4: hundred year cycles and see what our competitors are doing.

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Speaker 4: How old is China fifty years sixty years to get

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Speaker 4: revenge is nothing to them. And if you don't think

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Speaker 4: they're not knocking on everyone's door and say hey, come

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Speaker 4: join my team. It's like the Big Three, like on

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Speaker 4: Lebron when it got d Waight Melo was supposed to

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Speaker 4: go there. They're knocking on everybody's door cause like China

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Speaker 4: doesn't have to be number one, they just have to

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Speaker 4: be center focused. So if they have all these spokes

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Speaker 4: of protection in every country, they can beat us through

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Speaker 4: a bunch of proxy wars.

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Speaker 3: My graduates from my school being forks back drop bag drop,

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Speaker 3: Mike drop back drop drop earners. What's going on?

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Speaker 6: Telling we got Yes twenty twenty three, we got a lot.

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Speaker 1: The biggest just got bigger.

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Speaker 7: Head over to e y l university dot com. That's

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Speaker 7: e y l U n i V E R s

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Speaker 7: i t y dot com. See you there,