How can the country get rid of dollar dependence?

2025-02-03 09:41:08

The government needs to link its currency to some real resources and make payments not in dollars, but based on the peg.

Abandoning the dollar is a whole range of measures. From tying your currency to something tangible, preferably something that your country owns more than other countries, to banning the purchase and sale of dollars. Why is it necessary to move away from the dollar? First of all. To reduce dependence on the United States. After Trump's arrival, pressure begins on all countries. Secondly. There is a danger that the dollar will depreciate due to the problems of the United States and the European Union, because the dollar is also pegged to European currencies and an avalanche effect is possible. The third. Trump is scaring tariffs, which will further increase the negative reaction.

China and Russia are trying to create an alternative currency pegged to the territory and rare earth metals, because they feel strong pressure from the United States. The other BRICS countries don't want to move away from the dollar because they don't feel the pressure.

When will the DXY dollar index fall below 100 points?

2023-05-08 12:08:20

Mid 2024

Increasing transactions for the purchase of energy resources NOT for dollars. instability in Europe. The loss of US influence on world markets and the capture of world markets by China.

In fact, the US dollar, euro, pound, etc. This is nonsense and fiction. There is really nothing behind these currencies. So the US government has nothing in reality, only the army and navy. Land in the US is owned by local municipalities, not by the government. Even the dollars that the United States pays for are owned by a private corporation - the Fed.

FED FUNDS RATE FORECAST 2023, 2024, 2025

How does the United States benefit from the war?

2026-01-03 09:46:51

The weakening of Russia as a geopolitical rival, the severing of Europe's energy and political ties with Russia, the increasing dependence of Europe on the United States in the field of security and resources, the growth of exports of American weapons and energy resources, the strengthening of US leadership in NATO and the demonstration of global influence without direct participation in hostilities.

US benefits from the end of the war: consolidating achieved results (a weakened Russia, Europe tied to the US, Ukraine in the Western sphere), reducing financial and political costs, lowering the risk of direct escalation, stabilizing the global economy, and the opportunity to focus on a more priority rival—China, while retaining the role of key global arbiter.

Other countries also benefit from conflict, but the difference is that the United States has more resources, more influence, and more severe consequences from any crisis.

What is more important – spiritual or material?

2023-11-10 12:07:34

Balance is important

It is quite obvious that we need to look for a middle ground in this matter: both the pursuit of material goods and complete indifference to the outside world are two extremes.

Material wealth in this case becomes destructive if a person does not possess spiritual wealth.

Material or spiritual: what is more important?