Earlier quoted context omitted.
> My current hypothesis is that the growth in the _price_ of the US Stock market (eg S&P 500) is actually devaluation of the dollar. You mean devaluation is causing the growth of SP500, or the other way around?
the S&P is only growing when the denominator is USD. Not Euro or Gold. It's kinda like saying during "My bread appreciated!" during hyper inflation. IMO we're in one of the cases where "Number go up" is actually bad.
De-dollarization: Is the US dollar losing its dominance? (2025)
661–670 of 913 posts
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#662Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#663Earlier quoted context omitted.
Nobody is cheering for inflation to get worse, they are celebrating it being held down to 2.7% after higher inflation a few years ago. The U.S. is a net exporter of oil and food and self-sufficent for majority of its mineral needs as well. There is no need for U.S. to crash its currency to incentivize domestic production, it can just impose tariffs on imports to do so.
> Nobody is cheering for inflation to get worse, they are celebrating it being held down to 2.7% after higher inflation a few years ago. Trump is actively fighting the federal reserve to drop the interest rate to 0%. Members of his team regularly do interviews where they say "it's going to get worse before it gets better". Inflation is being held down despite this administration's best efforts. > The U.S. is a net ex…
The interest rate was near 0 for years, it did not cause inflation. Fighting for low interest is not same as being pro-inflation.
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#664It's no secret that our current US administration is envious of China. So in no small part they probably want to model the US Dollar after the Renminbi. Drop the value internationally to incentivize American exports, and manipulate the hell out of it. (Hence why they have dropped inflation as a political issue - some in the administration are essentially rooting for inflation to get much, much worse). It should go wi…
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#665Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#666Earlier quoted context omitted.
> the current administration blew up our nascent new energy industry. Which industry is that?
Solar, wind, and grid-attached battery. In the late teens, China was dominating all of these industries. Under policies of the Biden administration, these industries were growing domestically in the US and we were increasing our share of the global market. Over the last year those domestic industries have been destroyed. They are barely surviving and have stopped rapidly expanding. All gains made against China's domi…
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#667Interesting the wikipedia article of the Mar-a-Lago Accord has been deleted https://en.wikipedia.org/wiki/Mar-a-Lago_Accord Last archival I've found https://web.archive.org/web/20251110042359/https://en.wikipe...
> This appears to be an AI-generated draft with severe hallucination problems bordering on WP:HOAX. For one, it calls it the "Margo Largo Accord" -- a name that is not and never was real. The draft also claims the accord was already introduced, and goes into detail about its supposed contents, effects, and reactions to it; the problem is, no actual accord was introduced at the time (or now), so pretty much all of tha…
It's the first time in my internet life (20y+) that I go find a wiki article to share to a friend because the US keeps weakening and I found it gone.
Didn't know it was that easy to remove a wikipedia article by just hinting it was AI generated.
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#668Earlier quoted context omitted.
Germany is a non-nuclear-weapon state. Our bombs are there yes, but if you use one of our bombs without our approval there will be hell to pay. An invasion of Greenland will be all but guaranteed. Whether Germany will retain its military the next day is questionable.
I see you don't want to understand my point. Why exactly do you think Germany is a non-nuclear weapon state?
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#669The 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
The reverse is true: people who say things like "The US century is over" almost always dislike the US or wish its global influence would decline. Their commentary is wishful thinking. There is some probability that US global influence does significantly decline but I wouldn't hold my breath.
https://www.readtheline.ca/p/matt-gurney-we-will-never-fucki...
Re: De-dollarization: Is the US dollar losing its dominance? (2025)
#670I remember studying pre-WWI history, and particularly how carefully Bismarck arranged German foreign policy like he was the diplomatic equivalent of Bobby Fischer. Everything was situated perfectly and Germany was totally content. Then along came the absolute moron Wilhelm, and he managed to Leroy Jenkins Germany's beautifully arranged relationships into an aggressive, tactless nightmare where all Germany's allies we…
The British Empire actually reached its greatest territorial extent in the 1920s and 30s, but it was overextended, policymaking was becoming increasingly erratic and in hindsight we can see the writing was already on the wall