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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)

#911
post #651

Earlier quoted context omitted.

> 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.

Russians were and are pro war by all reports.

Propaganda never sleeps.

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

#912

Earlier quoted context omitted.

I agree the dollar is uniquely successful, but the Pound ended convertibility in 1931, and limped as a reserve currency into the 70s. While not a reserve currency, another example is Chinese currencies like the second zhiyuanchao going off silver convertibility, which lasted for a bit over 50 years.[1] When the Dutch for example did try to go off a metallic standard it was essentially a last ditch effort as they were…

Thanks for a good reply with lots of interesting historical examples. I think your conclusion is sound. I suppose this is a likely counter scenario to my assertion that nothing will replace the dollar, but rather that it will be partially replaced by a little bit of everything over the course of decades.

Likewise, it's always good to think through different perspectives. For what it's worth there are definitely people who think it will take much longer than most expect, due to for example the creation and growth of US Stablecoins, China wanting to be an exporter more than wanting the Yuan to be a reserve currency, or greater relative weakness in other countries for example.

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

#913
post #830

Earlier quoted context omitted.

if you wanna cheer for fascism, you should do so openly. no one is fooled anymore, and no one will think any higher of you for being in denial about it

https://en.wikipedia.org/wiki/Trumpism 3rd sentence. I guess take it up with the "fascists" who wrote the article? lol

i’m confused now. if he’s a serial child rapist sending mexican goons into american cities to murder white nurses, does that mean he’s more of a populist, or less? figured i’d check with the expert.
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