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De-dollarization: Is the US dollar losing its dominance? (2025)

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Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#581

Post by throwaway132448 »

krupan wrote: post #404
throwaway132448 wrote: post #355

Earlier quoted context omitted.

It’s dumb because it requires uninterrupted access to an incredibly complex system. The cognitive dissonance of people who see bitcoin as resilient is hilarious.

It's a peer to peer system that has had 100% uptime since around 2009. I think maybe you have cognitive dissonance?

Because it’s geopolitically irrelevant, not because it’s robust.

Split the user base along geopolitical axes and see how long the consensus algorithm lasts.

Gold bars don’t have this problem.

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#582

Post by kaffekaka »

pendenthistory wrote: post #408
parsimo2010 wrote: post #138

Earlier quoted context omitted.

As time goes on, fewer people are alive that predate the EU and more people will perceive it as a lasting institution. Additionally, we've now seen the EU survive the departure of a major economic power (the UK). More people are certainly willing to believe in the stability of the EU now. Another major currency is the Yuan, and some countries may be as willing to trade in Yuan to improve relations with China, so perh…

Interestingly, there seems to be more good will and amiable vibes between EU nationalities than within the US even. Even being enemies for a thousand years, I don't doubt that Swedish and Danish men would go to war for one another, or French and German. It's complicated yes, but the continent is more unified in spirit than it may seem to an outsider.

Absolutely. "Finlands sak är vår." Finland's problem is our problem, same for Denmark and Norway. We must stand together, we have no choice.

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#583

Post by hopelite »

KaiserPro wrote: post #395
hopelite wrote: post #284

Earlier quoted context omitted.

That is true, but it also goes well beyond that. Much of the "US Gov't behavior" is largely related to trashing and panicked frantic moves because the consequences of its prior and long tailed actions over decades has now not only started bearing rotten fruit, but a previous strategy of world domination through "globalism" has also turned against those who control the Wizard of the USA from behind the curtain. On the…

I'm struggling to understand what you are trying to say? That biden wanted to grow the USA to 600 million people? That trump is also trying to do that?

It seems you are clearly understanding? You are likely just confused because you do not understand that the overarching objectives of the "uni-party" or "deep state" system hold fast, it's just that each political sporty ball team has to play things different and tell different lies in different ways to different cohorts in order to keep the system operating. So, e.g., Biden says we need 300M more immigrants and his team fans cheer because they support it, wile deporting more people than Trump; while Trump tells his team fans that he will deport people and does this whole theatrical ICE stuff to give the impression of deporting people to drive down costs and retain their support, but in fact barely moves the needle on deportations and committing to 600,000 more Chinese students and wanting to "staple citizenships to diplomas" for millions of Indians, etc.

You have to understand that there is the theater of the political sport ball arena where the different sides are set against each other like WWE/Football, etc. but in the background it's just actually all more or less rigged and the truth is written in policy and strategic papers that are implemented over 20+ years, across presidents and their wrangling and herding of their constituents in this charade called "democracy".

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#584

Post by terminalshort »

zarzavat wrote: post #500
pegasus wrote: post #474

Earlier quoted context omitted.

I wouldn't describe integrating further to the point of becoming more like the US as "unstable". And that's the most likely outcome, which should make the EU more trustworthy as a partner, not less. EDIT: by "like the US" I mean federalization. This video explains it well: https://www.youtube.com/watch?v=HnarX3HPruA

> And that's the most likely outcome The recent electoral success of AfD in Germany and the National Front in France seem to point in the other direction.

Yeah, there are already major opposition parties advocating EU exit in many countries already. Try to centralize further and their support will increase. Contrast that with the US when it unified. George Washington won the election 69-0 in the electoral college. And that's not even getting into any of the other massive problems with EU unification.

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#585

Post by jazzyjackson »

GoldenMonkey wrote: post #508
snovymgodym wrote: post #3

The international value of the dollar as a reserve and trade currency is inherently tied to the behavior of the US Government and the Federal Reserve. The behavior of the US Government has been very unusual lately, and the independence of the Federal Reserve is actively being challenged. So draw from that whatever conclusions you wish.

Why is the independence of the Federal Reserve sacrosanct? For one, they should have oversight and they should have accountability. Not ever passing an audit of any kind. And the FED chairman spending $2.5B on renovations to an office complex. While misleading congress about the kinds of renovations. There should be less 'independence', if it means zero accountability.

It's not sacrosanct, it's just a 14 year term for the Fed chair so that they don't give in to political pressure to be re-appointed.

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#586

Post by tick_tock_tick »

pavlov wrote: post #217
lostlogin wrote: post #185

Earlier quoted context omitted.

> Additionally, we've now seen the EU survive the departure of a major economic power (the UK). I don’t really understand the impact of Brexit on the euro, as Britain wasn’t on it. But clearly they were a key part of the EU. It’ll be interesting to see which side regrets the move more.

The answer is already clear: Britain regrets the move more. In June 2025, 56% of people in Great Britain thought it was the wrong decision: https://www.statista.com/statistics/987347/brexit-opinion-po... It's hard to imagine this number would be going down after recent events like USA suddenly threatening arbitrary new tariffs on the UK.

That's crazy it's not even moved 10% from the vote guess by and large people are pretty happy with their vote.

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#587

Post by imadierich »

m00dy wrote: post #418
thehumanmeat wrote: post #228

Earlier quoted context omitted.

The Fed and largely US policy has absolutely no effect on the real reserve currency: https://en.wikipedia.org/wiki/Eurodollar

Few people actually know how Eurodollar system works under the hood.

[dead]

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#588

Post by imadierich »

russdill wrote: post #374
legitster wrote: post #175

It's no secret that our current US administration is envious of China. So in no small part they probably want to model the US Dollar after the Renminbi. Drop the value internationally to incentivize American exports, and manipulate the hell out of it. (Hence why they have dropped inflation as a political issue - some in the administration are essentially rooting for inflation to get much, much worse). It should go wi…

We print money, send it around the world, and the world sends us goods. It was a great thing.

[dead]

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#589

Post by mullingitover »

arbuge wrote: post #574
mullingitover wrote: post #383

I remember studying pre-WWI history, and particularly how carefully Bismarck arranged German foreign policy like he was the diplomatic equivalent of Bobby Fischer. Everything was situated perfectly and Germany was totally content. Then along came the absolute moron Wilhelm, and he managed to Leroy Jenkins Germany's beautifully arranged relationships into an aggressive, tactless nightmare where all Germany's allies we…

Who would you say the Bismarck equivalent for the USA is/was?

I wouldn't put it on one person, it was basically everyone between Roosevelt and Obama. Not that any of them were exactly geniuses, but we've gone from mostly sober drivers to someone blowing a 0.5 BAC.

Re: De-dollarization: Is the US dollar losing its dominance? (2025)

#590

Post by snikeris »

arbuge wrote: post #574
mullingitover wrote: post #383

I remember studying pre-WWI history, and particularly how carefully Bismarck arranged German foreign policy like he was the diplomatic equivalent of Bobby Fischer. Everything was situated perfectly and Germany was totally content. Then along came the absolute moron Wilhelm, and he managed to Leroy Jenkins Germany's beautifully arranged relationships into an aggressive, tactless nightmare where all Germany's allies we…

Who would you say the Bismarck equivalent for the USA is/was?

Joe Biden.
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