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 video cards fall in price?

2022-06-12 09:32:01

Video cards will appear in July 2021 and prices will start to fall in autumn 2021

China bans mining, Chinese miners start selling video cards, Ethereum bans mining on video cards

In the global market, changes can begin at different times. In some countries, changes may start Q3 2021, in other countries Q1 2022 may start. Changes can occur within 2 years

Ethereum will begin to wipe out mining on graphics cards in the coming months

Crackdown on cryptocurrencies in China leads to an exodus of miners

Crypto miners in China are selling off their graphics cards amid crackdown

Accuracy 70

2021-10-01

Did the British change India's caste system?

2023-10-10 11:57:38

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.

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.

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.

Point of view: how the British changed India's caste system

Who will become President of Russia in 2036?

2023-01-28 12:12:59

Alexey Dyumin

Vladimir Putin will appoint his successor, who will be the main candidate of the presidential elections

In 2024, the terms of the current president will be reset. Putin will not give his victory to anyone.

Who will replace Vladimir Putin as President of the Russian Federation. In the opinions of experts, very unexpected names sound.

Who will replace Putin: the opinion of Russian and Western experts

Accuracy 20