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Nicholas Begich: “Reserve currency status is a historical privilege that's…”

Featuring: Nicholas Begich, Republican | U.S. House Alaska At-large District

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Live with Nick Begich for U.S. Congress

Published | Video Starts at 08:39

The average distance of Jupiter's orbit and back five and a half times. Oh, my gosh. All right. That's just absurd. It's gotten to be totally absurd. And what people need to understand is that Reserve currency status is a historical privilege that's granted to a nation that the rest of the world trusts with storing value on their behalf. Correct. It's been Spain, it's been Portugal, it's been France, it's been the UK, and right now it's the United States. Correct. (08:39–08:50)

CLAIM

Asserts that reserve currency status is based on global trust.

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