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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)

#631

Post by ffsm8 »

yodsanklai wrote: post #619
lpcvoid wrote: post #463

Earlier quoted context omitted.

German here: I'd go to war (and likely will, with how it's looking currently) for any country that shares our values and is an ally or friend, that's being attacked by an evil force such as russia. And that of course includes my french brothers to the west.

Thanks German brother :) I think our main issue in Europe is the lack of a common language. It makes it harder to build strong ties and realize how close our values are.

Agreed, there is always this little story to remind us of our unity - at least from the perspective of the draftees/workers back in ww1, where everyone was basically forced to fight each other by the elites

https://en.wikipedia.org/wiki/Christmas_truce

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

#632

Post by jollyllama »

Betteridge's Law strikes again. As of Q2 2025 (roughly the time that TFA was published) there is more dollar-denominated debt than ever before [0]. And its value relative to other currencies (as of this month), while subject to cyclical fluctuations, is on par for the post-Covid cycles and higher than pre-2020 levels [1].

[0] https://fred.stlouisfed.org/series/FDHBFIN [1] https://fred.stlouisfed.org/series/DTWEXBGS

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

#633

Post by irishcoffee »

KaiserPro wrote: post #356
selectodude wrote: post #230

Earlier quoted context omitted.

Paying Chinese companies in RMB isn’t the issue. If I sell something and a Chinese company pays me in RMB, I can’t really do anything with a billion yuan. Can’t buy a company (limitations on foreign ownership), can’t buy property (99-year lease that can be canceled on the whims of the government at any time), can’t buy Chinese debt (terrible yields, very small foreign market access, incredibly opaque laws and account…

Thats a feature not a bug. The Chinese government spend a lot of money keeping the value of the RMB low.

This is actually an interesting point. Wouldn't it be bad for China if the US isn't the reserve currency/the RMB gains a lot more in value relative to the USD? It would proportionally, negatively, affect their export profits, no?

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

#634

Post by pizlonator »

kmeisthax wrote: post #504
chrisco255 wrote: post #167

Earlier quoted context omitted.

The U.S. is as stable as it gets. It has been one continuous republic and has 250 years of legal stability and a history of paying its debts. It has 4.2% GDP growth, with the largest economy in the world and growing.

> 250 years of legal stability America was never a stable country. That 250 years includes: * A decade of chaos under the impotent Articles of Confederation. * The deliberately engineered election of George Washington to create the illusion of political stability, a reign which only ended because George stepped down voluntarily. * An immediate constitutional crisis the moment a competitive election happened, causing…

That's not as bad as what a lot of nations have dealt with

Consider the turbulence that China experienced over the same 250 years, for example

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

#635

Post by yodsanklai »

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…

> War with the US isn't a clear cut "good vs evil" situation as the EU vs russia would be

I don't think EU vs Russia would be a "good vs evil" situation. Russia/US seem pretty similar to me, dictatorship/propaganda with a majority of the population being regular people not in favor of any war, and 30% of indoctrinated people.

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

#636

Post by mothballed »

ubertaco wrote: post #624
lpcvoid wrote: post #614

Earlier quoted context omitted.

Russians are lining up to go to war under the promise of money, around 30k a month last time I checked. Americans not so much, in particular not against Europeans. It's different in my view.

As an American, a sizable number of Americans are lining up to join ICE under the promise of money. And also, our whole military recruitment strategy here outside of drafts has been "the GI bill" – paid tuition in exchange for lining up to go to war. I don't know that the gap in morals is as wide as you think.

Americans don't need money to fight. I was paid $0 with the YPG and had to bankroll my own time. Lots of Americans there. I met a lot of them that didn't even really give a shit about the sides of the war, they just needed to fight something. We're a savage people.

Which historically has worked more for us, than against us.

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

#637

Post by lpcvoid »

yodsanklai wrote: post #619
lpcvoid wrote: post #463

Earlier quoted context omitted.

German here: I'd go to war (and likely will, with how it's looking currently) for any country that shares our values and is an ally or friend, that's being attacked by an evil force such as russia. And that of course includes my french brothers to the west.

Thanks German brother :) I think our main issue in Europe is the lack of a common language. It makes it harder to build strong ties and realize how close our values are.

Which is why I long for the day where a European federation supersedes the weak and fragmented national states we have now.

Adopting English as legal secondary language in every EU member state would maybe be a good first step.

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

#638

Post by scelerat »

stuffn wrote: post #341
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…

This is quite obviously written by someone with no intelligence experience. > On the face of it the Greenland situation makes no sense on a national security level regarding a non-existent, fabricated Chinese or Russian threat, nor related to the fantastical grift of the "Golden Dome" that is even more useless against what Russia has recently developed, than it was for things prior to about 3 years ago. Power project…

>> Yes, Canada, you are indeed in danger as well as Mexico.

> No evidence. Unless you're arguing while NAFTA was around this was a way to create a "United America".

Trump recently posted an image on Truth Social of a White House meeting in which a map is displayed, of north america with the US flag superimposed on Canada, Greenland, and Venezuela. [1] He has repeatedly suggested that Canada is the 51st American state. [2]

[1] https://www.wsj.com/livecoverage/greenland-trump-tariffs-tra...

[2] https://www.pbs.org/newshour/politics/trumps-remarks-on-cana...

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

#639

Post by nish__ »

tclancy wrote: post #377
nish__ wrote: post #52

Earlier quoted context omitted.

True. Good way to pay employees less. Edit: to the downvoters, did I lie?

You seem to be talking about an alternative universe where employers are being paid in a different currency.

It's a conspiracy!

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

#640

Post by bastardoperator »

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.

Unusual? That's one way of putting it. I think unpredictable, erratic and criminal paint a more a realistic picture. The fact we're threatening Greenland is absolutely insane.

If the goal of this administration is to destroy America, they're doing a fine job.

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