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.

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 will be the consequences of the war?

2024-06-19 07:49:13

Europe will be left without resources. The collapse of the EU. The loss of U.S. influence. The Beginning of China's Growth

After the collapse of the USSR, Europe gained access to Russian resources for a song, actually selling goods made from Russian resources to Russia. Now, if Russia wins, relations with Europe will deteriorate, it will not receive resources, and China has already received the Russian market at no cost, European companies themselves left it without a fight. In addition, Europe will have to rebuild Ukraine, because it was Europe and the United States that pushed it to war. Many people in the EU will not like it, and they will start leaving the European Union. Becoming poorer, Europe will buy fewer goods, including American ones. Russia will begin to recover at the expense of the former Soviet republics. China will grow.

If Russia loses, it will be plundered.

When will the United States lose its leadership in the world?

2023-09-23 13:27:31

After the loss of the Navy and the loss of the dollar's status as the world's reserve currency.

By 2030, the United States will become the third economy in the world in terms of gross domestic product after China and India. China's dominance in the economic sphere does not in itself weaken the influence of the United States as a power. It is expected that by 2048, the dollar will cease to be the world's leading currency. And the US fleet can only be lost in the event of a protracted war with China and Russia in 2060.

If America faces economic collapse and abandonment of all military and diplomatic obligations, then the rest of the world will be plunged into anarchy, they say - there will be no one to intervene in the friction between South Korea and the DPRK, India and Pakistan, China and its neighbors.

That's the end of it: when will the dollar lose world domination and which currency will replace it

By 2030, the United States will become the third economy in the world in terms of gross domestic product after China and India. China's dominance in the economic sphere does not in itself weaken the influence of the United States as a power. It is expected that by 2048, the dollar will cease to be the world's leading currency. And the US fleet can only be lost in the event of a protracted war with China and Russia in 2060.