Topic: Moneyflow towards the Dollar - page 2. (Read 701 times)

Outrageous claims need some proof
So, to what currency is the USD losing power you can see in my previous message:


it is absolutely raping every other currency on the market, especially those of Brics!
But if you're so sure everyone is dropping the USD, why not take part in my experiment:

In what currency other than the USD you know the price of Bitcoin by heart?

Oh, btw, the result is that nobody knows the price of BTC in anything else than USD, some even don't know it by heart in their local currency!

If you follow the money you'd realize that's not true at all.

Money goes into hard assets like gold for security not another country. Specially at this time when the global tensions are rising and it's everyone for themselves.
Money goes into US for profit and profit only.

Interestingly enough the majority of the money that flew into US came from Europe (about 70% of it). The same Europe that started going through deindustrialization thanks to the war between US and Russia in the past 2+ years. More interesting is that it got even faster after US blew up the Nord Stream pipeline.
You may like to know that according to US department of commerce official data the largest increase of "foreign direct investment" came from Germany (the main beneficiary of Nord Stream) and UK.

All exactly for profit... the same money went elsewhere for profit as well... India and China

You don't get it do you?
The world's money, 30% flows into the US, a failed state if one listens to you.I don't live there, nor do I wish to do so.   
What drives your US dislikes, or the dislike towards its system.

Capital rides into the US even with troublesome mechanisms like CDO and CMOs as parts of the economic engine. The US Economy is built upon credit. That moves the economy.  Money flows into the US due to safety concerns, due to their fund being secured, a safer bet as BRICS so to say.  If China is so good capital, it would go there. 

It won't last long, US being the engine of the world would not last long, the US dollar is already losing its relevance. Other country are beginning to abandon it as their currency of exchange. Without the US mingling in the affair of other countries and having a leverage, they would not have being the world power by now. Money doesn't flow towards the dollars technically but it flow towards the dominant currency which currently it's the US dollars but as I said it wouldn't last long. The US dollars is becoming a joke and so is their economy, the dollar isn't the strongest currency anymore as other currency are having more strength than the dollars but because the US is still the dominating country that's what is giving the dollar relevance.

China is on the path of overtaking the US as world power and by then the money flow will be towards the Chinese Yuan. China's economy is predicted to be the largest economy in world by 2050 because of the rate at which the economy is growing. When that happens, the dollars won't stand a chance to compete against the Chinese Yuan.

I think that grip you're talking about is probably going to last much longer, pretty sure that an economic collapse wouldn't mean that US would suddenly lose it's capability to influence using it's fiat and I don't believe that's ever going to be the case and it would be really difficult for a country that has their currency being used as a global currency to be going down and then suddenly losing their influence, that collapse isn't going to be happening in a decade, it's a really slow process that's going to get slower because the US are taking measures in slowing that collapse even just a little.

Do you have a data that supports the population growth of US is slowing because with all the stories of illegal immigration and asylum seekers due to wars, I think that population of US isn't going down anytime soon not to mention that they're not really the kind of country like China that controls their population and are now facing the consequences of their action.

America's grip on the world could surely last a couple more decades for sure. We could see it remaining the same op economy and the dollar as the top currency however it's also imported to consider that there is something interesting about this dynamic.

The us population growth has been slowing and likely within a few years will be below replacement rate. At the same time wage purchasing power is dropping and the poor in America are becoming poorer. Unless there is a significant change in how things work then I think other world powers are going to surpass the empire America has been trying to build. my prediction is that inequality will be it's downfall.

if you read the main press not only those.
Many people believe war is an adventure. Like a video game, remember the volunteers in Ukraine?

Dedollarisation is not something that happens over night. It is a long process and that process has already started.

Only psychopaths and arms dealers like a war!

Not any more, 2 $ pay for a coffee in a coffee shop. On street level its $0.5.
The way the legal investment is done only makes people turn towards the illegal investment.
Who wishes to appear in front of "law" Enforcement and declare that you are an investor?

Even the legal investment is full with inconsistencies.  


Also a fabric you can't just build a canon. You need weapon-graded metals, The tooling to form weapon grade metals is not easy to come by. 

But the entire economy status of Venezuela is what investors pushing them away aside from legal constraints. While you can live like a king there if your money is in dollars and you won't be spending bolivares or you want to convert it there, you'll be holding piles of cash for every coffee you will buy outside. I think that they're trying to rebuild their economy and have slashed a lot of zeroes to their money and the impact of it, I don't know. Maybe with better policies, government regime, they might be able to lessen that impact of hyperinflation in their country.

In terms of investment Venezuela is flooded with the adventurous investor type.
Even so its not easy made legal they buy entire apartment blocks, houses, urbanizations and much more. All over middlemen

I see, if they've got more experience doing that with Russia then they might just wait until they won't need to produce for themselves anymore but for the sales that they might do. Other than that, there might be some other manufacturers that they're going to ask for it or they will be offered to. Knowing that it is going to be Saudi Arabia, they'll surely want to do business with them. They prolly don't need to find one but the manufacturers are the ones that are going to get close to them and do business whatever they are in need of and lack of. Anyway, there's so much things that are happening globally, only the rich are the ones that are looking to expand and do a lot on their country because they've got a lot of funds.

You got a point. I wasn't even aware.


Weapon system is not that you ditch your Chrysler and buy a Toyota. There is tooling, replacement parts, ammunition sizes, stocked and needed.
I think Saudi Arabia and much of the east had their experience with Russian weaponry. Going Chinese?
So far only a few countries were allowed to buy. One is Venezuela. (No money for medicines, but weaponry?)  

https://chinapower.csis.org/china-global-arms-trade/  

BRICS is indeed a political instrument. No question about that. That's the design. However, it might not matter much whether it is supported by capital investors or not. If you take a look at the member countries of BRICS, you can easily notice how there's a strong presence of authoritarianism in their states. If you talk of investments, the organization could bring in much money not coming from private companies or investors but from the states themselves. China could entice a country to join BRICS not necessarily because it brings with it a big body of private investors but because it can itself shower the country with grants and projects.

But, yeah, countries are trapped not because they are forced to be in that situation but because they willingly and selfishly sell their nations. Mine included.

They might or they will source it out from other manufacturers that will allow them to pay in whatever currency they want to. But I guess since their alliance with BRICS is at hand and has been vulgar, are they going to purchase it from any of those participating countries that are also into arms manufacturing?

Aside from that, they're also known as suppliers and have one of the biggest shares globally. If my research is right, it's about 16% or so as per the global share that they're doing for the entire world. That's a lot of share coming from them.

Good, now please do the graph for the BRICS countries, the yuan, the ruble, the rupee, the rand and the real.
To save you some pain, the ruble went through redenominations in the last decades so  we need to add some extra 3 zeros to that.

So let's see the last 10 years:
BRL to USD Chart -59.55% (10Y)
https://www.xe.com/currencycharts/?from=BRL&to=USD&view=10Y
INR to USD Chart -27.99% (10Y)
RUB to USD Chart -62.17% (10Y)
CNY to USD Chart -14.29% (10Y)
ZAR to USD Chart -40.74% (10Y)

Much Brics currency, much devaluation, such garbage currency, wow!


17 million green cards rejected in 2023 alone might be one of the reasons!

I didn't say that either.
The world won't dedollarize in the next 50 Years.
Maybe a ww3 makes a global dedollarisation happen, but most likely the Dollar Enemigos would not like that. 

I think more country will use the dollar as a national currency, now there are 11.
Only 2 use Bitcoin, and bitcoin is pretty unsuitable as it is.

Litecoin is much better for fast and inexpensive transfers. But that is a different matter. 

Considering how almost all the weapons Saudi family buys is from US, it is not much of a bet to say they pay in dollar
Besides this family has been ordered to invest all the money they had in United States all these years, which means all their money that is in dollar is also tied up in the US.

That still doesn't mean they aren't joining the global dedollarisation movement though...

A lot of anti US feeling here.
It's so strong that people see conspiracy around every corner.
To create a virus who then is declared Pandemic by an ineffective acting World organism is not so easily predictable, but for conspiracy artists making the US an all powerful extraterrestrial body that is no issue.

To an extend, the COVID happened to be stipulated program to crumble the economy in a global factorization while the US as the world power had already made an hedge abscond the disasterous economy outbreak.
So obviously the US government intentionally launched that program after covering its economy systems up while other countries economy suffers COVID outcome with the crumbling of the economy.
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I also suspect that COVID-19 is allegedly a deliberate program to generate profitable insecurity globally and that the United States has a big role to play in dealing with its effects. and also America's fear of the growth of other countries' profits which could implicitly shift its position, giving rise to a global profit conflict that would be detrimental to other countries. In these conditions, it appears that the US and other countries face complex dynamics of global advantage, as the saying goes "Where there is strength, there is resistance." This shows that profitable global competition often involves fundamentals of power and conflict. In my country, Indonesia, even though it is not directly involved in the global debate as has been discussed, Indonesia is also feeling the beneficial impact of global events, including the COVID-19 epidemic. Indonesia as a developing country has its own challenges in maintaining profitable stability and competing in global demands without ignoring concern for the welfare of its people. In dealing with the flow of money towards the dollar, Indonesia needs to strengthen the domestic economy, increase competitiveness and maintain national economic balance without being too affected by external dynamics that might affect the country's currency exchange rate.