Earlier quoted context omitted.
Hopes or morality do not strictly dictate power as much as we might wish it to be true.
The number of Trump apologists lunatics who do not seem to understand what MAD was about is staggering. Industrial scale warfare isn't some secret forgotten by accident. The current American power-trip fantasy delusion is rightfully scaring the shit out of people, and the scary thing is the people who aren't scared. It's reaching the point that I think the best thing is for Germany to detonate a nuke between the US a…
De-dollarization: Is the US dollar losing its dominance? (2025)
361–370 of 913 posts
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#362The US century is already over. It's just that a lot of US citizens don't see that. De-dollarization will happen when one is a traitor to it's allies
> US century is already over Maybe, maybe not. We're currently the Soviet Union in the 1970s. Gerontocratic. Sclerotic. Hyped up on a new mythology. And economically uncompetitive on several levels, with the future (then computers, now elecrification) sweeping past us to our applause. Unlike the Soviets, however, we can see it happening and debate it. If '26 and '28 change course, the damage will still be done. But t…
What's new is finally the federal government pushing back against locales that refuse to allow local police to cooperate with federal law enforcement by means of massive influxes of federal officers to offset the lack of local support.
Also ICE has widespread support for what they are actually doing. Only when you ask manipulative questions that presume something is happening that isn't, do you get poll results that support a widespread dislike for ICE.
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#363Earlier quoted context omitted.
> "Here's a bar of gold mate" Yeah, super convenient. Well worth it. I'll just go with gold bars on me to the market to buy lettuce.
Nobody is talking about using Bitcoin or gold for transactions. For which nobody does anyway. The whole discussion is about reserves.
By it sure does sound simpler to type some numbers that to cut up pieces of metal.
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#364Earlier quoted context omitted.
We were in a lockdown, and Congress voted for multiple trillion dollar stimulus' financed by debt. Refusing to "print money" in those circumstances is just asking for a worse Great Depression.
Our of curiosity as I know nothing about economics, how would not printing miney lead to a Great Depression?
The government can print money and inject into the system. Some people have money so they continue to buy stuff but maybe at a slower pace or less amount. Things also can get expensive but it is not a total collapse.
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#365Earlier quoted context omitted.
Does using the Renminbi require investing in securities? It's a very different thing to trust that China will maintain the value of its currency, than to trust that investment in Chinese companies will remain liquid and not be arbitrarily cut to a price of zero. I'm not saying you're wrong, but I also don't fully understand the need to have grander access to capital markets. Perhaps access to the equivalent of US Tre…
> I'm not saying you're wrong, but I also don't fully understand the need to have grander access to capital markets. Well if you use the renminbi or yuan as just a medium of exchange, well, why bother when you already have the dollar? To answer your question better, what is the point of access to capital markets of a country and how does that stabilize or strengthen its currency, or make it more highly sought after?
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#366Earlier quoted context omitted.
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I've been trying to read more about investing properly recently and this is such an annoying characteristic of most advice you read. Sometimes it's also "well, economic theory says this, and that doesn't follow the behavior of these markets, so decide for yourself".
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#367Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#368The ultimate check and balance was always supposed to be the US consumer. It seems any major disruption to purchasing power will result in a backlash large enough to undo any policy and administration. I’d still bet that any sudden movements in this direction will be checked
That assumes it can be undone. Reversing course and hoping the damage done heals isn't a sure bet. Especially with timing delays.
There is definitely real risk here
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#369Earlier quoted context omitted.
I am pretty sure the US has not 4.2 percent growth Source? I live in the US and I have lived in countries with 4-5 gdp growth
The latest US GDP print is the Q3 2025 Initial Estimate, showing real GDP grew at a 4.3% annual rate https://www.nbcnews.com/business/economy/us-economy-grew-thi...
Between Q1/2/3, US growth has been about 1.6%.
Wait until the whole year figures come out.
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#370The issue is that there isn't a great alternative. The euro is difficult to manage because of the diffuse control, pound an even smaller economy, RMB just not global enough (and tough argument to see that happening), gold/bitcoin/whatever not the same inherent stability. Indeed the dollar weakening, but nothing really to take it's place.
Literally cryptocurrencies are the single greatest alternative ever made. Opt out of the system where the government can just print money into thin air and old guys drawing dots on a plot set interest rates in closed meetings. If you want to hedge USD exposure just buy a Bitcoin ETF or if you really can't stomach cryptocurrencies b/c you don't want to be ostracized from the orange site, buy Gold. We are not going bac…