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

jpmorgan.com

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

#61
post #25

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]

Something tells me you aren't exactly steelmanning your opponents here.

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

#62
post #25

Earlier quoted context omitted.

[flagged]

Their stability has worked to benefit a lot of rich and powerful people, so I would question the motives of this sect of billionaires who are trying to destabilize it. They must believe they can extract something from the ashes.

Almost Hanlon's razor. "Don't try to find logic in actions of monkey brain."

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

#65
post #25

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]

This is a non-sequitor.

Google has no constitutional right to exist or have accurate search results either. However, it's value depends on the quality of their search results.

People outside the US don't care about the particulars of the US constitution like it's a holy document, but rather the US governance as a whole and whether it's well-ordered, lawful, and predictable.

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

#66
post #25

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 isn't prohibited by the constitution and was created as an independent body. You are correct that it wasn't specifically outlined by the constitution but that's an empty statement - the constitution included the allowance of the creation of agencies and laws outside of itself... that's the main power and strength of the constitution.

Your statement was equivalent to saying that Hacker News has no constitutional right to exist - it is equally vapid.

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

#67
post #25

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]

And I sure Trump would be a great steward of our fiscal policy and wouldn't wildly throw the levers back and forth every Friday as his whims change

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

#68
post #44

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'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)

#69

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.

Currencies fundamentally relate to some trust.

I believe that the near-term de-dollarization isn't as much trust erosion as it is a tool to provide monetary penalty for behaving in unpredictable ways.

However it will provide incentive to move away from the dollar in the long-term, ie as Fareed Zakaria says "recent actions are accelerating the world to the multipolar future".

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

#70

Compromised people and useful idiots within the Trump administration are being persuaded by Russia to destroy the dollar and break up NATO.

Are you certain inflating the money supply with trillions of dollars by prior administrations did not have an effect?

How exactly is QE related to all this bullshit? You’re going to need some sources before you start randomly claiming that QE is leading to the collapse of NATO.
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