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How to speed up dedollarization?

Link Copy 2023-05-08 07:42:30

Prediction

Trade resources for local currencies, tie prices to gold or rare metals, trade only your own securities on the market, make the currency freely convertible

Reason

If Beijing wants to make the yuan the world's reserve currency, then it will have to first go for financial liberalization. In theory, the dollar can also be replaced by a system that is not based on a specific national currency. In this case, gold or cryptocurrencies can become a universal means of payment.

Trade resources for local currencies, tie prices to gold or rare metals, trade only your own securities on the market, make the currency freely convertible

If investors begin to massively get rid of dollar assets and return the American currency to their homeland, this will provoke a surge in inflation in the United States and a potential debt crisis. The problems of the USA will spread to the financial markets, which are still dependent on the dollar, and will cause a new round of the global economic crisis.

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Comments 0

Are Apple and Google the monopolists in the mobile ecosystem market?

Link Copy 2022-12-11 12:00:10

Prediction

Yes.

Reason

Only these two companies control the entire market. The proof of monopoly is that they set prices in the market.

Yes.

Both companies use aggressive methods against competitors and potential competitors.

References

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Can a PCR test detect coronavirus?

Link Copy 2023-04-14 14:37:03

Prediction

Yes, a PCR test detects the presence of viral material in the body, but does not determine how contagious a person who has the virus is

Reason

In general, there are a number of factors that can cause PCR tests to be less accurate than under ideal conditions. Also, the accuracy depends on the PCR test itself - its design and quality. Therefore, of course, false positive and false negative results can occur. But if the test is given in a professional laboratory, this rarely happens. And, of course, the clinical picture of the patient is also important and is always taken into account. Doctors don't rely solely on test results. PCR tests are not perfect, but they are considered the gold standard in diagnosing many viruses. Together with an antibody test, this is the best that humanity has so far.

Yes, a PCR test detects the presence of viral material in the body, but does not determine how contagious a person who has the virus is

Everywhere they talk about PCR tests, but nowhere does it say what happened to the DNA samples taken during the PCR tests.

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Who will win the 2024 European Football Championship?

Link Copy 2024-06-15 14:02:57

Prediction

France or Portugal

Reason

At the World Cup, France lost to Argentina on penalties. Argentina is not participating in EURO 2024, and France has almost the same composition. Portugal is also a strong team with Ronaldo at the helm. The rest are playing with new lineups.

France or Portugal

Chance will decide everything.

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