Anyone else tracking the growing # of countries leaving the US Dollar?

[actaeon277]

SWMBO voted for Bidet to get better health care. I recently asked her how that was working out. Her answer - "Not at all." But the damage is done.

CPI LOL. When they keep changing what's included and to what amount, they can get the result they want. "Torture the data long enough and it will confess to anything."

mmmm
A guy promises everything, and it's for FREE!!!!
Yup.
Nigerian Princes are waiting on their emails being answered.

 

[sixGuns]

Update from yesterday's post: Brazil’s Lula signs 15 new agreements with China, criticizes U.S. dollar’s dominance globally.

https://brazilreports.com/brazils-l...iticizes-u-s-dollars-dominance-globally/4565/

I'm guessing we're going to have some lithium troubles for the EV push.

Edit: also the $

 

[teddy12b]

I'm guessing we'll still be buying lithium in similar amounts to what we always have but we're going to have to use different currencies and have an exchange rate we probably won't like. At some point the concept of purchasing power will come into play with the masses of people in our nation and there's about to be a ruse awakening on the value of gold reserves that any nation should have.

 

[Ingomike]

I'm guessing we'll still be buying lithium in similar amounts to what we always have but we're going to have to use different currencies and have an exchange rate we probably won't like. At some point the concept of purchasing power will come into play with the masses of people in our nation and there's about to be a ruse awakening on the value of gold reserves that any nation should have.

That brings up a question, is there ANY gold reserves?

 

[teddy12b]

That brings up a question, is there ANY gold reserves?

Debatable. Plenty of conspiracy theories on what's gone on at Fort Knox over the years. Even if our government did an inventory, would you trust it?

Sort of like having the FBI do a study on their own performance. I'm sure it'll work out in their favor.

 

[Magyars]

That brings up a question, is there ANY gold reserves?

No one outside of a small group of government officials know the true answer

 

[smokingman]

India Signs Deal To Adopt Moscow’s SPFS System For Banking Payments To Russia - GreatGameIndia

According to a report from The New Indian Express, India has signed a deal to adopt Moscow's SPFS system for banking payments to Russia.

greatgameindia.com

Indonesia Follows BRICS' Lead, Ditches Dollar For Local Currency - GreatGameIndia

The country's central bank governor said that Indonesia is following the lead of BRICS countries in de-dollarization as it ditches the dollar in favor of its local currency.

greatgameindia.com

 

[BackFromDC]

I've been following it too. Yeah kinda scary, but you know they'll come back to it. It will be tough for us as our economy slows...actually it's already tough for us...it'll just get tougher. But other countries are hurting way more than us and their ditch dollar plan won't work. Eventually they'll have to buy more dollars in order to do business with us, our nation is still one of the largest consumer for many markets.

There's already trouble in paradise for the BRICS people as some members don't want to use other members money, or some members trying to scam other members...seems like a rather unscrupulous bunch.

 

[spencer rifle]

Time to resurrect the Latin Monetary Union!

 

[Sigblitz]

The news this morning said our rating was downgraded because fighting between the parties, and our needless obsession for gun rights.
So are we preventing liberals from getting a home loan?

 

[Alamo]

The news this morning said our rating was downgraded because fighting between the parties, and our needless obsession for gun rights.
So are we preventing liberals from getting a home loan?

How did they forget climate change?

 

[actaeon277]

The news this morning said our rating was downgraded because fighting between the parties, and our needless obsession for gun rights.
So are we preventing liberals from getting a home loan?

funny how the news guys are saying that, and not the place that actually did the downgrade.

 

[flyingsquirrel]

Just don't send them anymore foreign aid money?

 

[Frontiersman]

It seems like my alternative news feeds are a constant news update of new countries making agreements to buy & sell outside of the US dollar. It appears we're on the verge of the world deciding that the US dollar is no longer the global reserve currency. I've only heard nightmares of what that looks like when we hit that tipping point and our US dollar effectively becomes worthless.

Is anyone here tracking this? Am I the only one?

There is a lot of discussion about going to a digital dollar. I think that is a turn off for many. I have no doubt it will happen some day, but don't think our culture is ready for it at this time.

 

[smokingman]

Another Blow To The Petrodollar: India & The UAE Complete First Oil Sale In Rupees | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Ingomike]

There is a lot of discussion about going to a digital dollar. I think that is a turn off for many. I have no doubt it will happen some day, but don't think our culture is ready for it at this time.

Then you do not know young city/suburb people well…

 

[blain]

Then you do not know young city/suburb people well…

Most of the time, with age comes maturity and wisdom.
It's too bad it takes so long.

 

[firecadet613]

Most of the time, with age comes maturity and wisdom.
It's too bad it takes so long.

Exactly this. The young and dumb are asking for this.

I saw a short clip a few days ago of a young girl, thrilled she could pay for her groceries by waiving her hand (which had a chip in it)....

 

[smokingman]

‘A natural desire to diversify': Janet Yellen says Americans should anticipate a decline in the USD as the world's reserve currency — what you need to know and how to prepare

Long live the greenback.

finance.yahoo.com

"Janet Yellen now says Americans should anticipate a decline in the USD as the world's reserve currency"​

 

[blain]

‘A natural desire to diversify': Janet Yellen says Americans should anticipate a decline in the USD as the world's reserve currency — what you need to know and how to prepare

Long live the greenback.

finance.yahoo.com

"Janet Yellen now says Americans should anticipate a decline in the USD as the world's reserve currency"​

Well she couldn't have said anything earlier, she needed some time to reallocate her assets.