Topic: Best way to understood our world economy here is the example - page 2. (Read 251 times)

The world economy does in fact depend on a single economy, the reserve currency of the world is the US dollar, if it were to fail then the savings most governments have accumulated for decades will evaporate with nothing to show for it, as they would have exchanged their products and other raw materials for something that at the end turned into useless pieces of paper and numbers on a screen which mean nothing, so if the US economy were to fall you can be sure the whole economy of the world will follow it.

The best way to understand the world economy is to spend more time for this and the world economy doesn’t depend on one country only, you have to look for other good sources when it comes to the world’s finances. With regards to the dominance of BTC over the stablecoins, I believe this can’t be changed since Bitcoin is still the basis and its decentralized while the stablecoins are not and they slowly becoming volatile as well. Worlds finances issues are still there, and it affects many especially with the current issues of the bank financial system, this is a broad topic and its not easy to understand.

Thank god someone's words making sense to me because all the words of OP goes above my head. Maybe I have to read it third time too. But now I don't wanted to. Because go some extent I understand that he just saying whales are manipulating our economy and trying to inflate more by using artificial methods ( which probably are like with covid-19 situations).

And best way is to consider "Shit coin" to what? I mean that where I am confused. But according to the title and few lines I did understand the assignment 80% and this members has answered it well to and I also had the same points.

Like why we should compare it like a shit coin, because anything either it is shit coin or not can be manipulated by whales. BTC can be manipulated by whales. So you should make a more lenient example.

Well every people has different ideas and definition of economy, but for sure they know the basic like how it works. Like for example the inflation rate, most people know how commonly happen inflation, most of the time it's about the supply and demand of the products, where we could say due to economic issue that could be experienced worldwide. And every issues in the world affects the economic status of the country for example, war, climate change and etc. For me, when economy are mentioned, the first thing that comes to my mind is just "it runs by money" those circulation of money what makes the economy standing like the USD that dominating around the world. And the ugly truth is that mostly rich people are the one who's benefits and taking advantage of the economy.

There's nothing bad if you can be one of those that will enjoy the sporadic rise of these currencies when they are fast moving up if you ave taken the risk to invested on them in time past, we are just too being focused on many shitcoins around the cryptocurrency markets but the real fact is that there are genuine ones as well which we can make something tangible out of if we really took the risk involved earlier before they surges and once they rise, we shouldn't be also too greedy to want to continue holding till they keep rising, in most cases they may start falling, all these are the mysteries behind a financial and successful economy system.

Even for people who don't know much about economic operation and we want them to see it in general, I don't think introducing new and specialized concepts will help them to understand better. My view is quite simple when it comes to economics that maintain life balance and can also govern our lives, from micro to macro actually they are different in terms of scale but does not seem to be much different.
I still remember a story about a tree, they are created from a seed, over time with many influences, it becomes a big tree, and maybe from a small tree creates a forest, In terms of economic nature, I see it as similar to that forest, in each different field, but overall it is a common thing.

To understand the course of the world economy requires a careful analysis of monetary policy, the banking system and financial institutions. The volatile "Shit coin" pump is just as tempting as it may seem to some, but it oversimplifies the complexities of global finance.  I think we also have to understand how economic indicators work, historical data, and analyze several references from a team of experts to gain insight into their function. What for? Making decisions based on reliable information and avoiding panic action is key. Remember, long term stability and growth requires a deep understanding of the global economic landscape.

BTC Dominance of the total fiat market represents: 0.46%, and if we assume that Bitcoin represents 1%, then USDT and USDC are definitely considered a drop in this sea and will not affect the economies of companies, not to mention countries.

USD circulating supply is about 24 trillion dollars. This represents 807 million bitcoins, while all that exists is 21 million dollars. the cryptocurrency market will not affect the global economy in any way, and if bitcoin now has a price of zero dollars, it will not cause a global financial nation.
It is true that these estimates may vary over the coming years, but currently it is wrong to read macroeconomics from the perspective of the cryptocurrency market.

https://fiatmarketcap.com

To not get Lost in this world and keep your head cool.
The best way to understood world economy is to compare world moneytary policy banking and financial system with some sht coin pump....it keeps going up like 30% 50% 70% 100% 200%+ even higher...everybody start short but it keeping going up more and more until at some point some big correction Will be happening.

The debt ceiling and fed central banks been avoided collapse since 2008 but every sht coin Will have the huge crash and collapse one day and so Will be with our economy wich is exacly like some shtcoin been just pumped up by whales.
This year many will bet for long term correction but it will be just the short time correction the pump is not over yet and the next few months a lot short positions will get liqudated.
Many people now Also panic and selling but now it's not time to panic selling but buying.
Off course only whales knows when the sht coin pump will be over and Will crash but it's smart to be alert and don't get fooled don't fomo... becouse now this shtcoin called,"world finances and economy" is high and it will crash becouse longer the coin will pump the bigger the crash Will be and then those who FOMO in they Will lose everything.

To know when will the sht coin fall at some point comes the resistance and rejection... It was covid19 it was time for big whales and financial players to sell most of their assets it was short term correction.
The world financial system is like one big coin.
The big guys the whales the financial players have sold by now most of their assets covid 19 times they sold 75% of their assets now they wait for another pmp from the whales to sell the rest of the 25% of their asssets just before the Stablecoins along with Cbdc-s Will coming in in this case fednow in USA Will be either USDT or USDC the rest of the world busd as binance Will control europe asia and russia economy in future so on USA Will be coinbase and circle and rest of the world financial field will be under the binance control.