de-dollarization

goat said:
You refuse to accept the fact that the US has weaponized the dollar. It's over. The world is dumping the dollar as we type. All you do is post government propaganda. I've been telling you for 3 years that NYC and London are the only 2 places where the dollar will continue to be used. It has to be obvious how desperate the US is to remain relevant.
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I guess we'll just keep waiting for all of your bullshit to become true. 😉
 
Hawkeye10 said:
CCP fighters are flooding through the former southern border to upon orders take out Americas energy infrastructure....they will for instance take out the electricity grid which will stay down for many months, causing Americans to die in massive numbers.
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When exactly?
 
lol at the BRICS cult; they've been babbling about it for what, 2 decades now? The only countries that want in it are those that are so corrupt nobody wants their currencies at all, not even their own businesses and people. Meanwhile, foreign companies are opening factories here and investing in U.S. companies. Apple and the slave labor racketeers are moving out of Red China at a record pace, BRIC's largest economy can't even sell its currency as toilet paper.

Walmart only increased prices on about 10% of its goods, proving once again those evil tariffs weren't a source of inflation; retail price markups by importers were the main source of of price increases. And, once those countries with high duties on our exports lower their tariffs on our goods even those few increases will fade.
 
Hawkeye10 said:
Dont know about that but I do know that in the last few years the Brits have been sucking up large amounts of out debt, and I know that is ending as they head into financial crisis.
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This is from a quick search of the net.

In 2025, a substantial portion of U.S. debt, estimated to be around $9.2 trillion, was set to mature or be refinanced. This amount represented roughly one-third of the total outstanding marketable debt. This large volume of debt rolling over in a single year is referred to as a "maturity wall" and poses implications for financial markets and the U.S. Treasury's debt management strategies.
 
goat said:
By Yuefen Li

China, India and South Africa are among the countries that have started to internationalize their currencies.
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None of these nations are international currency.
Of international currencies:

* The SDR is not yet accepted (and likely won't be).
* Silver is convertible anywhere into local currency.
* Gold is convertible anywhere into local currency.

goat said:
Central bank digital currencies (CBDCs) have also been developed to help speed up settlements of cross-border transactions. According to the International Monetary Fund (IMF),8 as of July 2022, there were nearly 100 CBDCs in research or development stages, and two have been fully launched. Many countries are testing these digital currencies with the aim, among others, of using them in trade transactions in their own currencies. CBDCs can potentially reduce their countries’ reliance on the dollar in addition to digitalizing financing.

https://internationalbanker.com/fin...ominates-but-de-dollarization-is-unstoppable/

Hey Walt, what have I been telling you?
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A central bank is not required for a currency.
 
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