Breaking! 56 Countries Now Looking to Drop The Dollar -- Thanks Joe!

[otto105]

More expensive gas for sure, but there's nothing any president can do about that. Gas is a limited resource and even if the US wanted to drill baby drill, much of the industrialized world is going to alternative energy and many parts of the developing world want to capitalize on that switch.

It's also a monopoly.

 

[otto105]

If they take the dollar off of oil, we are done. It is the only thing shoring up the dollar. Our money can become worth nothing. And quickly.

Dude, the US dollar is backed by our GDP, not oil.

 

[multivita-man]

If they take the dollar off of oil, we are done. It is the only thing shoring up the dollar.

No, it's not. I'm not saying it won't have an impact, but again, the value of the dollar has as much to do with our exports as our market imports.

 

[multivita-man]

Dude, the US dollar is backed by our GDP, not oil.

Most of these posters are probably hiding out in a basement with bags of gold bars.

 

[Winco]

Debunk the story then, if you can!

Yawn…….. your Fake Fear mongering stories are old.

Like…… here we go again…… another Biden is bad thread.

Didn’t you get tired of the orange man bad Threads…… oh wait, you RWI’s started all those threads.

 

[Thunk]

More expensive gas for sure, but there's nothing any president can do about that.

Trump sure did...but that's beside the point. 56 countries LOOKING to drop the US dollar...18 HAVE DROPPED the US dollar already.

China bought LNG from UAE not in US dollars. France then bought LNG from china NOT in US dollars.

Japan just broke their agreement with us and bought oil from russia for more than the imposed "price cap".

This is serious shit! It's all falling apart. And it's gonna be painful!

 

[MAGA Macho Man]

Trump sure did...but that's beside the point. 56 countries LOOKING to drop the US dollar...18 HAVE DROPPED the US dollar already.

China bought LNG from UAE not in US dollars. France then bought LNG from china NOT in US dollars.

Japan just broke their agreement with us and bought oil from russia for more than the imposed "price cap".

This is serious shit! It's all falling apart. And it's gonna be painful!

Spot on!

 

[EvilCat Breath]

Here's a good story. When the Yuan replaces the dollar as the world's reserve currency, the USA becomes China's bitch, just like Biden is Xi Jinping's bitch.

Our economy collapses. Completely.

 

[Thunk]

Can you provide a date of this $20 per gallon?

I couldn't provide you with a date even if I paid an escort service.

 

[multivita-man]

Trump sure did...but that's beside the point. 56 countries LOOKING to drop the US dollar...18 HAVE DROPPED the US dollar already.

Becoming less dollar dependent? That makes sense, especially considering how strong the dollar was 6-10 months ago and caused inflation in many countries worldwide. Keep in mind that within the last year, the dollar surged, as the yen, pound, and Euro all significantly dropped. It makes sense that countries want to be less vulnerable to one central bank's policies. But that doesn't mean they're abandoning the dollar as a reserve currency. They can't just do that on a whim.

China bought LNG from UAE not in US dollars. France then bought LNG from china NOT in US dollars.

Guess which country has the most LNG? The US and it's not even fucken close. Like the US gives a fuck what France or UAE does with their LNG.

Japan just broke their agreement with us and bought oil from russia for more than the imposed "price cap".

Japan has no choice. They are highly dependent on external resources. Not the end of the world.

This is serious shit! It's all falling apart. And it's gonna be painful!

It may be falling apart but not for the reasons that you think.

Climate change, on the other hand, is a mother fucker. Europe is still in its worst drought in the last 500-1000 years with no signs of letting up, and we're now seeing ocean temperatures explode. We could be looking at major crop failures and water shortages. And these are the things that support the dollar.

 

[multivita-man]

Here's a good story. When the Yuan replaces the dollar as the world's reserve currency, the USA becomes China's bitch, just like Biden is Xi Jinping's bitch.

I want you to explain to me how the Yuan replaces the dollar. I agree with you that it could happen, but I want you to explain how it does.

 

[MAGA Macho Man]

More!

• Taking out the US dollar, BRICS by BRICS: A new world order comprising 40% of the world's population is cooperating to develop a new global currency to replace the USD​

Taking out the US dollar, BRICS by BRICS

Part of the great devolution of American power is not just related to depletion of military stores and the lack of enlistments for the service, but also our economic power. The latest monetary threat is coming from both East and West and m...

www.americanthinker.com

 

[multivita-man]

More!

• Taking out the US dollar, BRICS by BRICS: A new world order comprising 40% of the world's population is cooperating to develop a new global currency to replace the USD​

Taking out the US dollar, BRICS by BRICS

Part of the great devolution of American power is not just related to depletion of military stores and the lack of enlistments for the service, but also our economic power. The latest monetary threat is coming from both East and West and m...

www.americanthinker.com

"Taking out the dollar" means replacing it with a Yuan that is trying to dig its way out of a demographic catastrophe, a 5000-year drought, and a state-directed housing crisis.

The US has 99 problems, but a yuan ain't one.

 

[otto105]

More!

• Taking out the US dollar, BRICS by BRICS: A new world order comprising 40% of the world's population is cooperating to develop a new global currency to replace the USD​

Taking out the US dollar, BRICS by BRICS

Part of the great devolution of American power is not just related to depletion of military stores and the lack of enlistments for the service, but also our economic power. The latest monetary threat is coming from both East and West and m...

www.americanthinker.com

Russia? California has 3x the size economy.

 

[Thunk]

Rupee closer to replacing dollar as 18 nations agree to trade in INR

The process of SRVAs started last year in the month of July when the RBI issued detailed guidelines on cross-border trade transactions in the Indian rupees (INR)

Rupee closer to replacing dollar as 18 nations agree to trade in INR

Trading in India Rupies:
1 – Russia
2 – Singapore
3 – Sri Lanka
4 – Botswana
5 – Fiji
6 – Germany
7 – Guyana
8 – Israel
9 – Kenya
10 – Malaysia
11 – Mauritius
12 – Myanmar
13 – New Zealand
14 – Oman
15 – Seychelles
16 – Tanzania
17 – Uganda
18 – United Kingdom.

 

[two_iron]

The party of millionaires that likes to fuck kids is losing favor with the so-called civilized nations. They've printed us back to the Stone Age. They want Caracas, and we're not far from it. Paper currency becomes worthless trash in the streets.

 

[multivita-man]

Rupee closer to replacing dollar as 18 nations agree to trade in INR

The process of SRVAs started last year in the month of July when the RBI issued detailed guidelines on cross-border trade transactions in the Indian rupees (INR)

Rupee closer to replacing dollar as 18 nations agree to trade in INR

Trading in India Rupies:
1 – Russia
2 – Singapore
3 – Sri Lanka
4 – Botswana
5 – Fiji
6 – Germany
7 – Guyana
8 – Israel
9 – Kenya
10 – Malaysia
11 – Mauritius
12 – Myanmar
13 – New Zealand
14 – Oman
15 – Seychelles
16 – Tanzania
17 – Uganda
18 – United Kingdom.

Agreeing to trade in a currency doesn't mean that it replaces the existing currency.

I won't disagree that there are threats/vulnerabilities in the dollar, but it's not for the reasons you think

 

[MAGA Macho Man]

Update!

End of Dollar: India Uses Rupees Rather Than US Dollars for International Trade – 18 Countries Agree to Trade in INR​

End of the Dollar: India Uses Rupees Rather Than US Dollars for International Trade - 18 Countries Agree to Trade in INR

www.thegatewaypundit.com

Following the US Federal Reserve’s sharpest tightening in monetary policy in decades, India has offered its currency as an alternative for trade to nations that are experiencing a shortage of dollars, Bloomberg reported.

As a result of Joe Biden’s disastrous economic policies, there are now coordinated efforts to weaken the global reliance on the U.S. dollar

India’s new foreign trade policy took effect on April 1, according to Reuters.

The outlet reported:

 

[The Irish Ram]

Dude, the US dollar is backed by our GDP, not oil.

Not a dude. The world's oil is bought and sold with the US dollar. We are about to lose that. And our GDP has tanked since the Trump administration...

 

[The Irish Ram]

No, it's not. I'm not saying it won't have an impact, but again, the value of the dollar has as much to do with our exports as our market imports.

We export almost nothing anymore. China exports everything now. And the more we build up the entire Pacific Rim, the less we will be exporting...