The END GAME for the Dollar: China vs the U.S. | Grant Williams and Luke Gromen

In this episode of On The Margin Mike is joined by returning guests Grant Williams & Luke Gromen. We welcome back two financial market veterans for a special episode exploring the fracturing geopolitical landscape between the east and the west. Grant and Luke share their insight surrounding China’s declaration of war on the U.S, how the current monetary system could collapse China’s economy, the consequences of globalization, what the end game is for the dollar & how to prepare for the changing world order as two global superpowers collide.



00:55 ・ The great power competition: China vs U.S

08:39 ・ Is it ethical to be in business with China?

18:44 ・ The consequences of globalization

20:11 ・ A battle of ideologies between the east and the west

24:51 ・ The current structure of the monetary system

31:30 ・ Inflation is the only way out of a sovereign debt crisis

31:30 ・ Emblematic of moral decay

49:38 ・ Understanding the financial oppression

55:06 ・ Opinion on how Bitcoin plays in all this



Charlie Rose Interview with Sir James Goldsmith on Trade, 1994

Goldsmith warned elites about the dangers of free trade.




00:55・The great power competition: China vs U.S

08:37・The difference in financial markets between China & the U.S

18:42・The consequences of globalization

20:08・A battle of ideologies between the east and the west

24:48・The current structure of the monetary system

28:45・Coinbase Prime Ad

30:02・Ledger Ad

31:26・Inflation is the only way out of a sovereign debt crisis

36:52・The end of an empire

41:15・Financial repression

49:32・What assets to buy during financial repression

54:58・Grant & Luke’s framework for Bitcoin

Luke Gromen – Oil Cartel Siding With China Can Destabilize the Petrodollar

Sept 2018 prediction: early 2020 US Will have to monetize the debt

SBTV picks the mind of Luke Gromen, founder of Forest For The Trees LLC, about an impending dollar crisis and what likely scenarios can destabilize the petrodollar in the coming years. We also asked him what his ideal monetary system would be if he got to choose it. Forest For The Trees website:

Discussed in this interview:

05:08 Why a dollar crisis is coming?

12:14 US dollar still the center of the world?

13:07 Gold is wanted as a global neutral reserve asset.

14:35 Saudis’ view of the Petro-dollar: conflicted

23:10 A world where oil is priced in multiple currencies

28:33 No credible reserve currency alternatives to the dollar?

31:29 Bancor: A suitable replacement for the dollar standard?

34:08 How should investors navigate the impending dollar crisis?