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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)

#601

Post by throwaway132448 »

JumpCrisscross wrote: post #310
touwer wrote: post #51

The 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…

> Unlike the Soviets, however, we can see it happening and debate it.

I think you’re severely underestimating how much public discourse has already been chilled. There are a lot of things leaders across business or government won’t say any more for fear of being targeted. And let’s be honest the people who rise to the top in America aren’t the selfless kind.

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

#602

Post by jazzyjackson »

mlindner wrote: post #556
mythical_39 wrote: post #407

Earlier quoted context omitted.

> ICE has widespread support for what they are actually doing Minnesota would like to have a chat with you.

[flagged]

Thanks for sharing your perspective.

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

#603

Post by jazzyjackson »

renewiltord wrote: post #270
silasjohnson123 wrote: post #218

Earlier quoted context omitted.

This is a self fulfilling prophecy. It may only be over because the administration is actively trying to create the multi-polar world. It could absolutely be fixed by Congress re-asserting its power.

Something that is “already over” cannot be “un-over”. That’s not how “is already over” works. It means it’s done, finito, not a prophecy but a historical fact. We have to move on. And that means less interference in internal European affairs like Ukraine-Russia and more protection of our interests like consolidation of power over the Atlantic, the Arctic, and the Americas.

We already have power over greenland tho :/

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

#604

Post by throwaway132448 »

jazzyjackson wrote: post #597
JumpCrisscross wrote: post #310

Earlier quoted context omitted.

> 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…

How do you suppose we change the minds of the third of Americans who like having a Gestapo

Most people aren’t empathetic enough to learn from other people’s mistakes. So the answer is, you don’t. Hard luck. At least you had it good for a while.

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

#606

Post by tdb7893 »

znnajdla wrote: post #131
IshKebab wrote: post #97

Earlier quoted context omitted.

Gold is not "real money", come on.

A goat or a sheep cost roughly the same in gold today as it cost 2000 years ago during the Roman Empire. Gold is the only “real money” in the sense that it is the only stable measure of the value of basic needs over centuries. https://chatgpt.com/share/696fb3e8-91d4-800a-9b2b-32eacdadeb...

Goat production is overall much cheaper now so wouldn't we expect the "real" price to be less? That it tracks the price of goats and sheep makes me think it's not a particularly stable unit of value since I don't expect goat or sheep to be valued in a stable way, especially across millenia.

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

#607

Post by jyounker »

terminalshort wrote: post #567
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

I would argue that not only is it not the most likely outcome, but that it's practically impossible. When the colonies united they all spoke the same language and shared the same culture as the descendants of recent British colonists. Furthermore, they had just fought and won a war of independence together. The first presidential election was unanimous with every single electoral vote backing George Washington. Do yo…

There are still, to this day, massive wealth disparities between US states.

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

#608

Post by evklein »

I would imagine U.S. foreign policy, particularly the prolific use of sanctions contributes to this wane as well. There was some discussion about this a while ago - effectively as the U.S. continues to rely on a strategy of imposing sanctions against foreign adversaries, those adversaries increasingly reorient their economy towards non-U.S. economies such as Russia or China. The more the U.S. utilizes sanctions, the less effective they become.

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

#610

Post by gowld »

lpcvoid wrote: post #543
comonoid wrote: post #515

Earlier quoted context omitted.

... such as usa?

I have many moral problems with that scenario. I used to live in the US a long time ago. The US is sick; there's a mad king at the top who doesn't have the well being of the nation in his interest, and he is driving the world towards war with every passing day while dividing his own people. War with the US isn't a clear cut "good vs evil" situation as the EU vs russia would be, it would be a utter tragedy, not wanted…

I don't know why you believe that a decades-long strict dictatorship like Russia has more democratic support for its "evil" government than a country whose leader was elected just 1 year ago with approximately 50% of the vote.
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