{"id":3439,"date":"2026-07-11T13:36:26","date_gmt":"2026-07-11T17:36:26","guid":{"rendered":"https:\/\/blog.lufamily.ca\/kang\/?p=3439"},"modified":"2026-07-11T13:36:30","modified_gmt":"2026-07-11T17:36:30","slug":"global-currency","status":"publish","type":"post","link":"https:\/\/blog.lufamily.ca\/kang\/2026\/07\/11\/global-currency\/","title":{"rendered":"Global Currency"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">In recent years, I find myself closely following geopolitical topics, such as global conflicts, trade disputes and wars, and international trade. I want to explore not just the what and how, but also the why certain things happen and the parties\u2019 motivation behind their actions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The journey of trying to understand the above helps to frame my own mind so that I can properly make my own judgements on how effective a government is in managing its resources and assets, to either positively or negatively impact the lives of its constituents, the quality of life of an average citizen.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">I have discovered certain YouTube channels that in my view continue to educate me on these matters. On this post, I like to share two YouTube videos that I find very educational.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The first one describes the underlying financial mechanism that allows global trade of goods can be settled and respective currencies can be transferred and the excess stored.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"840\" height=\"473\" src=\"https:\/\/www.youtube.com\/embed\/V3uGNl3qreE?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-CA&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span>\n<\/div><figcaption class=\"wp-element-caption\">The Hidden Machine Keeping the Dollar Alive Is Breaking<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The second one is a discussion with Louis-Vincent Gave (CEO, Gavekal). They explore today&#8217;s conflict in the Strait of Hormuz and how it impacts oil prices, and the secondary and tertiary  impacts to global economy. LVG has been a favourite of mind. He runs a consulting and investment company head quartered in Hong Kong and has a very informative view on the financial activities inside China and its neighbours.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"840\" height=\"473\" src=\"https:\/\/www.youtube.com\/embed\/jIZjKqeVdck?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-CA&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span>\n<\/div><figcaption class=\"wp-element-caption\">Louis-Vincent Gave: Inside China&#8217;s Plan to Kill the Dollar&#8217;s Dominance<br><\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">If you share similar interests, enjoy the above videos.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In recent years, I find myself closely following geopolitical topics, such as global conflicts, trade disputes and wars, and international trade. I want to explore not just the what and how, but also the why certain things happen and the parties\u2019 motivation behind their actions. The journey of trying to understand the above helps to &hellip; <a href=\"https:\/\/blog.lufamily.ca\/kang\/2026\/07\/11\/global-currency\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Global Currency&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[149,209,207,163,208,210],"class_list":["post-3439","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-china","tag-currency","tag-economics","tag-geopolitics","tag-global-finance","tag-global-trade"],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p7V6i8-Tt","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/blog.lufamily.ca\/kang\/wp-json\/wp\/v2\/posts\/3439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.lufamily.ca\/kang\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lufamily.ca\/kang\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lufamily.ca\/kang\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lufamily.ca\/kang\/wp-json\/wp\/v2\/comments?post=3439"}],"version-history":[{"count":2,"href":"https:\/\/blog.lufamily.ca\/kang\/wp-json\/wp\/v2\/posts\/3439\/revisions"}],"predecessor-version":[{"id":3441,"href":"https:\/\/blog.lufamily.ca\/kang\/wp-json\/wp\/v2\/posts\/3439\/revisions\/3441"}],"wp:attachment":[{"href":"https:\/\/blog.lufamily.ca\/kang\/wp-json\/wp\/v2\/media?parent=3439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lufamily.ca\/kang\/wp-json\/wp\/v2\/categories?post=3439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lufamily.ca\/kang\/wp-json\/wp\/v2\/tags?post=3439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}