This is fine! The USD is worthless! Any day now, BRICS will take over!
(media.conspiracies.win)
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I agree on all counts.
It is useful to stay at top level:
Globally in demand, productive assets and materials (natural resources) will appreciate in value (against any fiat/de jure "money") on the long term, but short term dips and peaks will happen
The transition away from USD and USA lead dominance (SWIFT, USG debt) will continue, but slowly and with fits and starts and slowdowns. It won't be a "one day crash" event, it takes decades
CBs will turn paper cash into CBDCs (it is CBs liability, after all). They will first push it in eCommerce and person to person transactions. 2nd phase, they will push CBDCs for gov transactions (taxes, fines, etc) and physical store transactoins.
Gold will retain it's place, but it will also be tokenized and rehypocated and turned into all sorts of derivates. Price diff between LBA and Shanghai will diverge for physical settlement. Physical demand will always remain.
IMF and BIS will try to coordinate an alternative to USD's diminishing world reserve currency status by iinstuting a basket of currencies model, probably backed by physical natural resources, but US/UK/EU will want too much control/share of the basket and "the rest of the world" (let's call them BRICS+++) will say "FU, we have the people, we have the growth, we have the demographics, we have the natural resources, we have the real non-financial GDP growth" and go on their own. That, or they will just take over BIS/IMF and push their plan on it. The role of US/UK/EU/NZ/CAN/AUS (let's call them NATO++) will diminish, due to lack of resources/demographics/people/production capacity/non-financial GDP growth.
All this will take a long time and wars will be fought over it: currency wars, trade wars, trade barrier wars, information wars, tax wars and finally localized/controlled physical wars.
That's way things happen and have happened in history.
Of course, ANYTHING can happen, and there might be various "unforeseen factors X, Y and Z" that break down everything and it's jus total chaos.
But money and their controllers run this world, not US politicians or BIS/IMF officials.