Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

jpmorgan.com

Post reply on HN
Print view View original

31–40 of 913 posts

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

#31

Post by throwaway5752 »

Yes, of fucking course it is. The US elected a convicted con artist who is incontrovertibly violating human rights law, breaking treaties with allies, militarily threatening neighbors, and in general making a global outcast of themselves.

The US is making an absolute mockery over the honor and responsibility granted to in the post-WW2 world. It has sophisticated rivals that are predictably and effectively making use of the self-inflicted crisis. So far the ruling class of the US has been happy enough to let this go, and has been too busy making rocket ships, fake computer currencies, and large estates in south Florida to deal with real world problems.

If you are in the US, buy some gold or a house so your savings aren't destroyed - utterly predictably - by the man who declared Chapter 11 bankrupcy at least 6 times.

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

#32

Post by mothballed »

mkoubaa wrote: post #25
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.

[flagged]

I don't know how you can say that about an institution that was formed by people using false identities on Jekyll Island and ramming it through congress as fast as possible because in their own words "if the people found out they would stop them" (paraphrased).

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

#33

Post by Eji1700 »

mkoubaa wrote: post #25
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.

[flagged]

It does have a strong economic reason to exist and be independent.

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

#35

Post by einpoklum »

mmaunder wrote: post #15

The dollar has lost 13% vs the South African Rand in the past year. Thats an interesting metric for me given how South Africa has decoupled from the US in favor of China and Russia, with a strong anti-Israel stance. And also taking into consideration how the country is still struggling with crime, corruption and uncertainty. It’s doing to be interesting to see how this plays out as the producers and makers of the wor…

But is the exchange rate really the right metric for the "weakening" due to de-dollarization? Especially since world states decoupling from the US would try avoiding both transactions which gain them USD and which require paying USD?

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

#36

Post by lovich »

mkoubaa wrote: post #25
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.

[flagged]

My local town doesn't have a Constitutional right to exist or be independent either.

This has very little to do with the price of tea in China.

Parties outside of the US who don't give a fuck all about the Constitution are involved in keeping us as a reserve currency, and they care that the fed is independent. We have kept it so to keep the economy stable and to reap the benefits of that stability.

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

#37

Post by RealityVoid »

mkoubaa wrote: post #25
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.

[flagged]

Ok? Trump doesn't have a constitutional right to do a bunch of crap but he's doing them anyway. This is the world we live in.

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

#38

Post by twh270 »

mkoubaa wrote: post #25
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.

[flagged]

It does exist, and it has been independent, and consequently global markets have priced that in. If that changes, markets will respond accordingly.
Post reply on HN