Part 4/7:
Drawing comparisons with other countries that experience strong, stable currencies—such as the US, Eurozone, Japan, and the UK—Bernard questions the desirability of putting trust in currencies like the Ruble or the Chinese Yuan. He positions the US dollar as the uncontested leader in global transactions, underlining that no other currencies, including the Ruble, hold any substantial importance on the global stage.
He further refers to historical examples like Zimbabwe and Venezuela, where economic collapse is closely tied to poor currency performance. This provides context for understanding why many perceive a weak Ruble as a sign of systemic economic failure.