Topic: Why the us dollar might crash significantly - page 3. (Read 471 times)

1. the assets of the central bank of the terrorist country are being seized not FOR WAR, but to help Ukraine suffering from terrorist aggression from Russia.
2. This will have no effect on the dollar or the euro. And I really hope that these funds, until the end of the war will be managed by an international organization, so that Ukraine will receive a regular % of these funds, which will go to pay the suppliers of weapons.
The main funds can work for the economy of the countries assisting Ukraine.

What is the point of such a scheme?
- it will allow lending to western companies
- Ukraine will receive a good amount of money on a regular basis, which will go directly to the needs of the AFU, bypassing the pockets of our corrupt officials.
- after defeating the country of terrorists, the main amount of money will be credited to reparations, for the reconstruction of Ukraine, which again will be beneficial for the economy of the countries involved in this process.

Accordingly, there are no risks for the dollar or the euro - they will work exclusively for the economy.

The pro-Russian media and "experts" are now trying to promote the narrative that if assets are seized, no other country will keep its funds in the US and EU. All normal countries WILL keep their assets in the US and EU because it is stability and guarantees. Only criminal regimes that realize that they will be held accountable for their crimes will not keep their funds in the US and EU

It will lead to collapse, but all countries will develop a contingency plan so that if their assets are banned, they will have enough cash to control their people. Unfortunately, it will return the world to economic and financial blocs that prevent international trade and lead to a rise in the prices of goods, services and products. It is also not difficult for the United States to Printing $300 billion, given that its debts exceed $30 trillion.

The world financial system has never really been stable. But there are a hundred other factors involved in terms of foreign currency rates. The US has done countless of blunders in the past. It even remains good in committing the same at present, but the US dollar remains the strong and coveted currency.

It won't stay like this forever, of course, but this seizure issue right now isn't a reason for a crash. The issue of currency performance isn't just about trust. It's more of factors that drive a country's economy.

If Trump were the current president of the United States, I would expect him to do this madness and more, but I do not expect that Biden would take this crazy, ill-considered step.

“Seizing $300 billion worth of Russian Central Bank assets to finance the war in Ukraine” is the fatal mistake a Biden administration could make because it would destabilize the world even more horribly than it already does.

No one can guarantee what reactions Russia will take in response to this crazy step and what the political, economic, and even military repercussions of this decision will be.

They seized the money since last year, and so far Russia is not backing down despite of those pressure and in fact they become aggressive. If the US is doing this to protect the interest of the public and the Ukraine people, then this can be good but if its for their personal interest as well, this might bring us into a more deadly conflict that we can’t ever afford to happen. Russia is a very powerful country and they can stand for years with War, let’s just hope for a more peaceful resolution and hope that no more war will ever happen to any country.

This does not make any sense at all, and I doubt that Biden would actually dare to do this. This is an event that will ignite the entire world.
The assets confiscated in American banks are not owned by those banks and will remain the property of their owners until a decision is issued to unfreeze them.
The Biden administration cannot do this solely under the pretext of financing the conflict in Ukraine (which it is supposed to have no direct income from and is content to support Ukraine with its own money), and freezing deposits is the most that can be done due to clear reasons: First, Russia can confiscate the assets for the United States and its allies. Secondly, Russia can use these assets for the same purpose, which is to finance its war in Ukraine. Third is the repercussions of this on all depositors in American banks, who will immediately demand the withdrawal of their assets, which could lead to a comprehensive collapse of the financial system.

So let me get something straight, the funds have been seized since 2022 and most of the funds are in European banks, so what do they want to do with those seized funds? Return it to Russia? I don't understand how seizing the funds did not make other countries realize that " today is Russia, tomorrow it will be us" but using the seized funds how they see fit is what would cause an uprising against the West.

One way or the other those funds will be used for something else, it's not going back to Russia. Even if it won't be used to help Ukraine in the war against Russia, it would be used for something else.

Permit to ask. Is there a thing for the dollar and euro? Both currencies are having a significant increase in value and so many countries local currencies are being affected. The world financial system is not confined to the dollar or euro. We should look at the benefit of the action Joe Biden has taken to resolve the war between the Russians and Ukrainians and not focus on the effect it has on the financial system. The lives matter more, the moneary system can come later. Let there be peace!

As joe Biden administration is planning to sieze the Russian central bank asset worth 300B us dollar to fund the war in Ukraine, it may sound logical but it is a move that will not only distabilize the world financial system, but it will also make almost all none western countries around the world to shift away from the dollar, euros currencies as foreign reserves, because no body will see such an event taking place and not taking actions to preserve it asset.
This to me is a very wrong move that will kill the trust that existed between the west and global south.
Major countries around the world will definitely interpret it this way, today it's Russia, tomorrow it will be us, and that action will crash the value of dollar and euros around the world.
https://www.businessinsider.com/us-eyes-using-300-russia-frozen-assets-help-ukraine-backfire-2023-12