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Print Link Copy Time 2023-10-14 07:58:37

What will become of the dollar when it ceases to be a reserve currency?

The same thing will happen to the dollar that is now happening to all other currencies that are now devalued against the dollar

Reason

If the US dollar ceases to be the world's reserve currency, this will lead to a total collapse and collapse of the US economy, which is not far from the collapse of the country.

The same thing will happen to the dollar that is now happening to all other currencies that are now devalued against the dollar

Why is the status of the world reserve currency so important for the United States? This allows them to print dollars almost uncontrollably – if it causes currency devaluation in other powers, then everything is OK. Every time a state or a person buys a dollar, he takes on part of the US government debt.

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Print Link Copy Time 2023-10-10 11:57:38

Did the British change India's caste system?

Yes, the social categories of religion and caste, as they are perceived in modern India, developed during the British colonial rule, at a time when information was scarce and the colonizer's power over information was absolute.

Reason

This was originally done in the early 19th century by elevating selected and convenient Brahmin-Sanskrit texts such as Manusmriti to canonical status; the alleged caste origin in the Rig Veda (the oldest religious text) was most likely added retroactively after it was translated into English decades later. These categories were institutionalized in the mid- to late 19th century through the census. These were acts of convenience and simplification. The colonialists established an acceptable list of local religions in India - Hinduism, Sikhism, Jainism - and their boundaries and laws by reading what they claimed were the definitive texts of India.

Yes, the social categories of religion and caste, as they are perceived in modern India, developed during the British colonial rule, at a time when information was scarce and the colonizer's power over information was absolute.

Officially, castes are prohibited by law in India, but changing the caste division of Indian society, which has been cultivated in the minds of Indians for centuries, is not so easy.

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Print Link Copy Time 2024-03-09 06:03:32

Will US banks fall after a 0.25 rate hike?

No

Reason

The Fed would not raise rates for no reason. They're saving the dollar. As they said, the US financial system is stable, which means that even if small banks go bankrupt, they will be bought by larger banks.

No

The increase in rates and the export of gold from the United States does not speak about the stability of the American financial system. But in the short term, everything is stable and under control.

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Print Link Copy Time 2025-08-07 15:18:34

What will Putin and Trump talk about at the meeting?

About the conditions of peace

Reason

The United States has signed an agreement with Ukraine on the use of its mineral resources. These territories are already partially under Russian control. Most likely, the United States and Russia have agreed that Russia will cede these territories to the United States in exchange for guarantees of non-aggression. But the question is what to offer Ukraine for the territories currently occupied by Russia, as this effectively means the loss of sovereignty.

About the conditions of peace

Most likely, Ukraine will be offered EU membership, and these are the concessions that Russia will have to make.

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