I don’t think the bankers would allow this if they didn’t want this. It’s the engineered destruction of the US dollar and consequently the rest of the fiat currencies, which will usher in CBDC. IMO.
well the value of the dollar is definitely going to tank, does anyone think it's going to become worthless? assuming it doesn't get printed into Oblivion, which is kind of a big assumption a
I'll grant, wouldn't it just go the way of the Euro or the ruble or the rupee? wearing it gets used locally and for international trades it gets traded for whatever the reserve currency becomes?
Dollar dumped? India just bought 1 million barrels of oil from the UAE using rupees instead of USD for the first time — why this could mean doom for the greenback
There's a lot to unpack here.
"UAE for the first time trusts India in business deal without Reputable Third Party involvement -- why this could mean doom for the reputable third party"
There has always been a neutral reputable third party because of the way business tends to devolve into piracy with that particular geolocation. Who's doom?
I don’t think the bankers would allow this if they didn’t want this. It’s the engineered destruction of the US dollar and consequently the rest of the fiat currencies, which will usher in CBDC. IMO.
Yeah, it happens in increments. I think they would lose control in a sudden crash.
Short term, this shit sucks
Long term woo hoo! Better start learning what we can eat from the forest. We are going to get to that.
Education is key. Educate yourself now because they will cut the flow of information right before they bring the hammer down
That's already in process I think.
Agreed, printed materials such as books will be important
Inflation gonna skyrocket.
Without a doubt. Particularly, if all of OPEC abandons the dollar. Of course, that will likely bring WW3.
well the value of the dollar is definitely going to tank, does anyone think it's going to become worthless? assuming it doesn't get printed into Oblivion, which is kind of a big assumption a I'll grant, wouldn't it just go the way of the Euro or the ruble or the rupee? wearing it gets used locally and for international trades it gets traded for whatever the reserve currency becomes?
War resets currency
Worth less, but not worthless
There's a lot to unpack here.
"UAE for the first time trusts India in business deal without Reputable Third Party involvement -- why this could mean doom for the reputable third party"
There has always been a neutral reputable third party because of the way business tends to devolve into piracy with that particular geolocation. Who's doom?
The British are best at this mediation role. For some reason they are the most skilled at helping parties come to an agreement.
New king, new £. I'm for it.
Kek.
Chaos, anarchy. Let it roll:p