US Dollar may no longer be the global currency

What friends from Davos? Who are you talking about?

What friends from Davos? Who are you talking about? Originally Posted by HDGristle

You know. But hey, don’t take my word about your beloved Fed. Woodrow Wilson regretted signing it into law. He knew they were evil. They’re not Federal nor a reserve. Just some private central banking criminals.


“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”

Fear not Mr Gristle, the Fed, IRS and the USD will be gone. Maybe two weeks!!!!

You’re always on the wrong side of history.


Run along now.

Still lacking some good red meat on those bones

Still lacking some good red meat on those bones Originally Posted by HDGristle

If you say so. I debunked another TDS addled thread in one page. You couldn’t save your pal. Youre dismissed you from class.

Debunked what? He's questioning the viability of the fiat dollar and you're questioning the viability of the fiat dollar.

You haven't addressed CBDC's beyond the shallowest of soft takes.

Sigh.....

A dose of reality:

Japanese Yen is widely used for clearing transactions in the foreign exchange market.

Correct

Don't talk to MAGA about "a dose of reality".

Reality is their kryptonite.

Sigh.....

A dose of reality:

Japanese Yen is widely used for clearing transactions in the foreign exchange market. Originally Posted by Unique_Carpenter

The yen carry trade has been one of the quiet engines of global risk-taking for years. Investors borrowed in Japanese yen at very low rates, then recycled that funding into higher-yielding assets around the world. The trade worked best when two conditions stayed in place: wide interest-rate gaps and calm markets.

However, those conditions are changing. Today, the Bank of Japan (BoJ) has lifted its policy setting to around 0.75%, a clear step away from the ultra-loose era. The move matters because carry trades are often leveraged, and leverage turns "low" rate changes into "large" position swings when volatility rises.

At the same time, the US Federal Reserve has begun to ease, with the federal funds target range recently lowered to 3.5% to 3.75%. That combination narrows the rate gap that has kept shorting yen attractive.

The primary risk is not the existence of the carry trade, but rather the potential for a rapid unwinding, which can compel traders to buy yen while simultaneously selling risk assets.

But the cheap Yen is coming to an end.

This is to deep for the TDS crowd

Don't talk to MAGA about "a dose of reality".

Reality is their kryptonite. Originally Posted by jayzee43

This thread has nothing to do with MAGA.

Trump is always 10 steps ahead!
Project Vault EO…a stockpile of critical minerals! He’s prepping!

If banks default due to Force Majeure or assets seized…and the dollar collapses…Trump is prepared! ����


https://x.com/santasurfing/status/20...142936815?s=42

You do not want this cocksucker in charge of your money


BlackRock just sold $538,600,000 worth of Bitcoin...

That's a pump in dump if I've ever seen one.

Fink was promoting digital currency just weeks ago in Davos.

https://x.com/1776general_/status/20...468689502?s=42

But don’t worry, Trump won’t let it happen.

Who cares? trump sold $500,000,000 worth of Bitcoin to the United Arab Emirates 4 days before he got inaugurated for his second term. Where's your outrage over that? Are you saying that wasn't a pump and dump?

Oh wait, I forgot. Dear Leader is infallible.



https://www.theguardian.com/us-news/...ae-crypto-deal

Poland's central bank just approved plans to raise its gold reserves to 700 tonnes, positioning it among the elite top 10 holders globally.
Currently at 543 tonnes, Poland already holds more gold than the European Central Bank.
This isn't about price. It's about sovereignty, liquidity, and trust in a changing monetary order.

They know the USD is not for long.

Who cares? trump sold $500,000,000 worth of Bitcoin to the United Arab Emirates 4 days before he got inaugurated for his second term. Where's your outrage over that? Are you saying that wasn't a pump and dump?

Oh wait, I forgot. Dear Leader is infallible.



https://www.theguardian.com/us-news/...ae-crypto-deal Originally Posted by jayzee43

The point isn’t selling BTC, it’s about introducing CBDCs and a change to our monetary system. Settle down.