Changing World Financial Systems
Dec 13, 2023 12:00 PM
Todd Heiman, Ely Rotary Treasurer.
Changing World Financial Systems
In this presentation, I plan to discuss a few things that are changing in world financial systems that affect the United States. I also plan to provide some history around each topic to give some context around the current changes. The topics that I'm thinking of include:
- What are Stablecoins? What are their uses and why have they become popular around the world? What problems do they solve? Historical context:
- How many currencies are there around the world
- What does a person in a typical third world country experience with their currency?
- What is BRICS? Why is it important? Why is it expanding? Historical context:
- When did the U.S. become the world reserve currency?
- What happened with gold backing currencies around the world including the U.S. Dollar?
- What does the term Petrodollar mean and why is it important?
- What is a FIAT currency?
These topics ought to be plenty for this presentation. I'll present others in the future if the audience finds this interesting.