/biz/ - Business & Finance

The dollar is backed by the strongest military in world history

>>54443484
backed by bwc, all women world wide will have to pay in usd for it

>>54443505
which is backed by trannies

>>54443505
history being the operative word here, you tranny generals and no speako inglez grunts won't do dick.

>>54443505
thirdiebros... our response?

>>54443505
that's mot how it works. Economically speaking it HAS to be forced to be used in order to have any kind of actual "backing"

>>54443484
All Alternative are backed by?

>>54443484
The US dollar is not backed by a commodity like gold or silver, as it used to be in the past. Instead, it is backed by the trust and confidence of people and institutions in the United States government and its economy. The US dollar's value is maintained by the country's monetary policy, which is managed by the Federal Reserve System, and by the strength and stability of the US economy, which is one of the largest and most diversified in the world. The US dollar is also widely accepted as a reserve currency and a medium of exchange in international trade and finance, which further reinforces its value and stability.

>>54443531
Yeah but uhh I just don't feel like using it anymore lol!

>>54443484
It’s based on cum. Whenever a country uses the dollar it’s accepting US cum into its bussy and letting it artificially stimulate its economy but allowing it to dictate its country’s future

>>54443539
If the trust and confidence in the United States government and its economy were to significantly decline, it could potentially lead to a decrease in the value of the US dollar. This could happen due to a variety of factors, such as economic instability, political turmoil, or a loss of faith in the ability of the US government to manage its finances and debt.

If such a scenario were to occur, it could have significant consequences for the global economy, as the US dollar is a key currency in international trade and finance. A decline in the value of the US dollar could lead to higher inflation and interest rates, as well as reduced demand for US Treasury securities and other US financial assets.

However, it's worth noting that the US government and the Federal Reserve have taken steps in the past to maintain the value and stability of the US dollar, even in times of economic and financial stress. Additionally, the US economy has a long history of resilience and has been able to weather various economic and political challenges over the years.

>>54443531
BAHAHAHAH

>>54443552

>>54443561
I understand your frustration and concerns about the concept of a fiat currency system, where the value of a currency is not directly tied to a physical commodity. However, it's important to note that the trust and confidence in the government and the economy that back a fiat currency are not solely based on "feelings" or "hope and dreams".

Rather, the value of a fiat currency is underpinned by the perceived stability and strength of the issuing government and its economy. In the case of the US dollar, the country has a long history of political stability, strong institutions, and a diversified and innovative economy, which have contributed to the global trust and confidence in the US dollar as a reliable medium of exchange.

Moreover, the US government and the Federal Reserve have a range of tools at their disposal to manage the supply of US dollars and maintain the value of the currency in the face of economic challenges or uncertainty. These tools include monetary policy measures, such as adjusting interest rates or implementing quantitative easing, as well as fiscal policy measures, such as adjusting government spending and taxation.

While no currency system is perfect and all have their potential drawbacks and vulnerabilities, the US dollar has maintained its position as a dominant reserve currency and a key medium of exchange in global trade and finance for several decades, demonstrating the enduring confidence in its value and stability.

>>54443571
>>54443563
>>54443561

I wonder if there are some clever AI attacks in the future that will get an AI to 'doubt itself'
https://www.halopedia.org/Logic_plague

>>54443578
No you are a sperg and no one cares about contarian retards

>>54443531
>it is backed by the trust and confidence of people and institutions in the United States government and its economy
Trust which has and is being eroded everyday.
>country's monetary policy
Policy which is completely fucked up. BRRRRRRRRRRR!
>managed by the Federal Reserve System
Managed? Lol…
>strength and stability of the US economy, which is one of the largest and most diversified in the world
Right, so, this is kinda true. But for how long depends on the perception of others and on getting the right people/policy in charge (discounting the agenda of hidden hands etc for a moment).
>The US dollar is also widely accepted as a reserve currency and a medium of exchange in international trade and finance, which further reinforces its value and stability.
So, basically it is the reserve currency because it is the reserve currency.

Your post reeks of ChatGPT or similar.

>>54443531
>>54443552
holy shit, what jackass programmed this GPT bot?

>in their desperate action the USA jews will says dollar is backed by Jesus christ.
Screencap this

>>54443613
Lmao

We need to start a war fast Ameribros, else we're fucked

>>54443505
A military is backed not by technological supremacy but the will of the average foot soldier to fight and die for their country. What man in modern day america is willing to give their lives for trannies and faggots and jewish bankers. I'd rather be put in prison or to death than pick up a rifle in defense of the 'west'. It can all burn to a crisp as far as I am concerned.

>>54443505
>The dollar is backed by the strongest military in world history

so go and force India and Russia to use the dollar.

oh what's that, you can't?

>>54443571
The problem isn't fiat. Monero is fiat but it's a dame fine currency. The problem is Jews controlling and inflating away the currency as they like.

>>54443505
CIA is more of a nuisance than burgers' army. Only inside jobs can make governments fall. Armies only get short-lived victories these days, and if the conqueror is perceived as an invaader, in the long term it becomes a net loss (see Afghanistan, Iraq...)
You really think you'll bomb China from abroad and everything will be daijobou?

>>54443618
Too bad it’s almost impossible to gather enough people together, and it shpuld be a peaceful prtrdt. A war will lead to civil war

The dollar is unironically backed by global homosexuality

>>54443484
Based on access to the most valuable markets in the world.

>>54443505
and who backs the military you dumb nigger. who pays them?

>>54443505
>It's fucking nothing.jpg

>>54443518
the dollar is backed by niggers and trannies
i've never thought of it that way
no wonder it's losing demand

>>54443505
>*loses to illiterate goat herders with rusty AK-47s*
Ah, that army.

>>54443484
The dollar is backed by gold you fucking alt right nazi retard.
Comedy gold, I must say. The trannies, the radical feminists, the homos, the pink haired weirdos, the money printers they make up the soul of America and this very soul backs up THE HECKING DOLLARINOS.

>>54443871
>this guy controls the most funded military in the world
Case in point, pure 100% comedy gold backs the United Sharts of America

>>54443505
Evil always eventually gets destroyed. Your military has become a paper tiger.

>>54443634

Asian hands typed this

>>54443505
>it's another historical episode of "USA is a failure and start to shoot and bomb everyone"
nice jewish trick, shlomo. this time nobody is going to fight for you, you have a country full of apes, ogres, goblins, trannies and fags. it's even worse than a high-fantasy novel, ffs.
I'm more scared that you amerilards in a final desperate tantrum begin to nuclear bomb everyone while your country sinks in hell

Its actually happening bros, India is healing, latest news from economic times in India:

>Changes have been made in Class 10th and 11th textbooks as well, such as chapters on 'Democracy and Diversity', 'Popular Struggles and Movements', and 'Challenges of Democracy' have been removed from Class 10th book 'Democratic Politics-2'.

>>54443877
>>54443891
>The dollar is backed by gold you fucking alt right nazi retard
Please tell me this is bait. Holy SHIT

>>54443484
Regardless of what the dollar is backed by, what is bric backed by? Not enough gold in the world to represent global trade. No serious county will use crypto. Especially not Bitcoin. And still Bitcoin is backed by USD or are we pretending it doesn't crash every time a stable coin goes tits up? Do you think anyone trusts the Yuan, rubble, rupee, or real to hold value long enough to represent trade without being inflated away to nothing? I'm ready for a good laugh.

>>54443962
You're defending the dollar. That in itself is a good laugh. Also BRICS was one of the main pillars to the dollar. By saying "what is BRICs backed by", that's like saying "what was the dollar backed by"? Lmfao what a fucking retard
>Dollar is backed by BRICS!
>*no longer the case*
>BRICS is worthless!!!
The fucking COPE Gahahahahahaha

>>54443998
I don't care about the dollar. What is bric backed by that makes it better than the dollar? Is it another Fiat Jew scheme? This time run by the biggest Jews and shitskins on the planet? Please Chang and Pajeet, please take my life savings.

>>54443962
This is the most important post in this whole thread. The entire reason for this move is to desperately try and pump the value of 2nd-world toilet paper vs. tried and tested USD. There's a reason nobody trusts the yuan (authoritarian crony-infested government), rupee (backward and resource-strained country), or ruble (less value than tree bark, government facing imminent collapse).

>>54443484
Backed by the trust of Fellow Americans.

>>54444019
>What is bric backed by that makes it better than the dollar?
Do you even know what BRICS is?

>>54444067
Cope, nigger. The dumbass doesn't even know what BRICS is. You retards are in denial. Coping weaklings.

>>54444090
For the sake of argument let's say I don't. If I'm a Brazilian business and I want to buy 1 shipment of Chinese steel, what do I make the trade in? What currency is my balance tracked in if I can't pay immediately? What happens if my currency becomes a lot more valuable than theirs? Or vice versa?

>>54444100
Explain it. My understanding is it's a digital currency to hold trade between the member states. But that currency needs to be denoted in some real world value otherwise it's worth nothing. Do which bric member gets the peg?

>>54444100
Real, rupee, ruble, yuan = unstable garbage
What don't you understand? Russia may disintegrate this decade. India won't have potable water by 2050. China rounds ups its citizens in concentration camps and welds them into their homes to stop the spread of disease. Brazil lmao
What kind of fucking idiot would play around with these timebombs masquerading as countries?

>>54444121
>>54444142
Holy fuck, man. It's a boy's club that is leaving the u.s. in the dust with oil now. Oil is a big fucking deal. It used to need the dollar to buy oil from BRICS. It's no longer the case.

>>54444160
The dollar is going to shit even harder than it has. You're a fool for thinking it's immune to that shit. It's not uncommon Lmao. The fact that you think the dollar is still fine just shows how ignorant you are

>>54443505
The only thing maintaining the strongest military are the most hated people in the US, white people which is retarded

>>54444164
You didn't answer the question Anon. If you're Saudi Arabia and you want to sell China 20 million barrels of crude, what currency would you peg their debts to? Yuan? So they can go home and purposely inflate their own currency and pay you back in worthless paper? The same applies to all member countries.
I can't wait to watch this unfold.

>>54443505
the same way the roman denarius was backed by the most power military in the world right? the one that collapsed because the empire's economy was piece apart from the inside by money printing and lack of resources, right?

retard

>MUH POWERFUL MILITARY THAT GOT BEAT IN VIETNAM AND AFGHANISTAN

>>54444234
>Muh Roman empire

>>54444179
Imagine an economic partner that involves itself in unwinnable expeditionary wars that collapses its currency by 30% for almost a year. This is literally untenable for trading partners. The same thing will happen if China ever goes hot with Taiwan, which is looking inevitable. The BRICs boxed themselves into an unwinnable game.

>>54444218
> If you're Saudi Arabia and you want to sell China 20 million barrels of crude, what currency would you peg their debts to?
Try using google

>>54443932
Jewish hands typed this

>>54444240
>MUH NIGGER EMPIRE

kill yourself nigger

>>54443518
Trannies can push drone strike buttons

>>54444255
Oh so it will be Fiat. A Jew scheme. Very cool. So now tell me, why is the USD worth so much more than all other fiat currencies?
>Imagine betting against the US economy in favor of pajeet, huehuestan, changland, vatnigistan, and the southern Republic of tire necklaces.
What could go wrong?

>54443505
This was fine and dandy up until the 2000's but so many countries have attained escape velocity now that the US army isn't any kind of threat anymore.
By escape velocity I mean countries that aren't stronger than the US but are strong enough that a war against them would result in more losses than gains from an economical point of view.
This reminds me of an episode during the Albania USSR split : Krouchtchev was called a revisionist rat traitor by Albania's dictator in front of all world communist parties in Moscow. He got buttblasted and asked for every submarine and ship the USSR had given to Albania to be given back. Albania said "NO".
So the USSR sent their navy in front of the port to pressure them, but Albania still said "NO, come and take them if you dare pussy".
The USSR retreated. The reason given by Krouchtchev in his auto biography was double : they could easily beat Albania militarily, but there would be nothing to be recuperated and Albania was armed to the teeth back then, had bunkers all over and they were wiling to fight. So the USSR army would sustain some significative damage still. And the second reason was that it would be terrible PR, a communist country destroying another one.
The US is in the USSR's position now. They can't do shit against saudis, india, Brazil, etc. even if theoretically they could crush them.

>>54444276
>why is the USD worth so much more than all other fiat currencies?
It's going to inflate to death. It's reign as king is done.

>>54444266
I'm not the one literally worshipping South African nigger bucks as the savior of global trade. Or maybe it's poo dollars that will save us. Brazilian favella bucks? Vodka coupons? Bug iou slips?
My sides are exploding.
>I'm a super redpilled white nationalist the at is tired of being ruled by niggers and Jews
>Let me put my future into the hand of literal niggers, and Jews
Kek

There's still a large demand for dollars globally to service existing debt. Lots of countries and international businesses borrow in USD because it is seen as more stable than their local currency. This existing debt needs to be paid back in USD, creating a demand for the dollar. This demand for the dollar creates a feedback loop that makes the dollar stay strong compared to other currencies, reinforcing the idea of it as a stable currency that people are willing to lend / borrow in.

>>54444295
It is true that the United States is not the dominant military power it once was, and there are many countries that have attained a level of economic and military strength that would make a war with them less attractive from an economic standpoint. However, it is important to note that the United States still possesses the most powerful military in the world and has a significant amount of influence in global affairs.

Furthermore, it is worth noting that military power is not the only factor in determining a country's strength or ability to exert influence. The United States has many other tools at its disposal, such as economic sanctions, diplomatic pressure, and alliances with other countries, that it can use to advance its interests.

Ultimately, the United States' ability to project power and influence in the world is a complex issue that is influenced by a multitude of factors, and it is difficult to make sweeping generalizations about the country's position in the world.

>>54444299
You didn't answer the question Anon. Try to pay attention. For the sake of argument let's assume you're right. Everyone loses faith in the USD tomorrow and it's worth nothing. What makes bric dollars safe from this?

Seems more countries are getting less and less interested in strangling their economic growth for the sake of Ukraine.
If the choice is between buying cheap and available energy from Russia and having the US weaponize the dollar against them versus simply abandoning the dollar, they are preferring the latter.
The Biden Administration is apparently delighted to see the dollar devalued by half if it means prolonging a proxy war where the US doesn't have anything to really gain. So we are fucked.

>>54444276
The value of a currency is determined by a variety of factors, including the economic stability of the country that issues it, the country's level of debt, its interest rates, the strength of its economy, its political stability, and its standing in the global market. The US dollar is widely accepted as a global reserve currency, meaning that it is held in significant quantities by central banks and other financial institutions around the world. The US economy is also the largest in the world, which gives the dollar a strong position in the global financial system. The US government has also historically maintained a relatively stable monetary policy, which has helped to instill confidence in the dollar as a reliable store of value. These factors, among others, have contributed to the US dollar's status as the world's dominant reserve currency, and its relative strength compared to other fiat currencies.

>>54444331
>>54444312
>>54444311
Why are people posting gpt content into threads?

>>54443484
Dollar will go back to being war based

>>54444325
It's important to note that there are many factors that influence the strength of a currency, including economic fundamentals, geopolitical stability, and global demand for the currency. While the US dollar has historically been a strong currency due to factors such as the strength of the US economy, its stability as a global reserve currency, and the widespread use of the dollar in international trade and finance, it is not immune to fluctuations in value.

In terms of Ukraine, the conflict and sanctions imposed by the US and other Western countries have had an impact on the country's economy, including its currency. However, it's also important to note that many countries continue to support Ukraine and its efforts to maintain its territorial integrity and sovereignty, and the situation remains complex and multifaceted.

As for the Biden administration's stance on the dollar, their economic policies and actions will likely continue to have an impact on the value of the currency, but it's difficult to predict the specific outcomes of these actions. The value of the dollar will continue to be influenced by a wide range of factors, and it's important for investors and policymakers to stay informed and make decisions based on a comprehensive understanding of these factors.

>>54444342
Because it’s never been more over, things are getting way worse before they are gonna get any better. Strap in anon

>>54443505
It's only the strongest military when there's enough funds to maintain it. Cut the funding, i.e. turn dollars into TP, lose monetary value, and the world's strongest military goes to 0.

>>54444342
I'm not a bot

>>54444365
And replace it with what exactly? Another Fiat currency head by niggers, monkey men, bug men, poos, and Slavs? Oh joy.

>>54444319
It will be backed by oil, you dumb nigger. Dollar used to be backed by oil aka needing the dollar to buy oil. Now you need the new currency. It's the same shit as in the past, only now they are replacing the dollar because they got tired of the games. YOU need to pay attention.

>>54444373
I didn't say you were a bot, ESL retard. I said you're posting gpt content.

>>54443505
Kek would like to see the us try to force brics to use their dollaroos with force, would be entertaining to watch

>>54444384
>Backed by oil
>Buy oil with oil
USD was never backed by oil. It was backed by the security of knowing we wouldn't hyper inflate our currency. It's stability that is needed for a global trade currency. The kind of stability none of the member states have.

>>54444160
Everything you mentioned, is happening in the US. What's your point?

>>54444463
The point is why would you move from the devil you know to the one you don't? Especially when the devil you don't know is made of 3 shitskins, a bug, and a slav?

>>54444494
>Especially when the devil you don't know is made of 3 shitskins, a bug, and a slav?
Of course I know him, he's me!

>>54444533
Poo in loo

>>54444397
>USD was never backed by oil.
You're a fucking idiot. Do you even know what it means to have something "backed"? It means to have it have a usage. You used to need USD to buy oil from BRICS. You actually have no idea what you're even talking about

>>54444544
>IT JUST IS OK
No. And I can't wait to watch the Saudis sell oil in bric dollars just to watch it devalue 30% in a year.

>>54444544
fyi for those that don't get it, forcing the need for USD for transactions gave DEMAND for the dollar

>>54444560
You don't know jack shit about anything. Never respond to me again

>>54443505
FPBP
/Thread

>>54444276
You are a fucking amerilard nigger with incredible amounts of high-grade COPE. The US is a 3rd world shithole for the most part, transforming in to a worse shithole day by day. BRICS are shitholes too, but they are transforming into 1st world countries (because they are not run by woke fag politicians and trannies and instead get shit done). Same for their population. The US is declining HARD, brics are in tough times aswell but they have a way out which is growth, the US is a shithole that still has far to fall.

You‘ll see in 10years max
>inb4 china shill
t. German born south pacific island tax evasion chad

Somehow some way we will still have chinese and indian immigrants infesting every corner of the west, despite their open hostility to us.

>>54444561
>Forcing
Ever consider that people prefer USD because it's the most stable currency because we don't let retarded communists set our monetary policy?

>>54444575
If "muh military" was an answer, the shit I mentioned in the op wouldn't have happened in the first place, lmao.

>>54444574
IT JUST IS. YOU JUST DON'T GET IT! I NEED NIGGERS AND POOS TO MAKE MY CURRENCY TO OWN THE AMERICAN NIGGERS
Guess the system was all niggers all the way down.

>>54443932
VJM said the same thing: https://www.bitchute.com/video/eWBErQS4sjEm/
Fact is, the Chinese Govt. probably hates white people less than Western Govts.

>>54444578
Didn't read. Cope seethe dilate

>>54444584
>IRAQ central bank is from 2004
>Lybia got ass raped by NATO members

What you gonna do shitskin? The US barks, NATO send zogbots. It's just not US army, it's the whole thing.

>>54443505
>strongest
In diversity and faggotry

>>54444581
You FUCKING MORON RETARD BITCH
To buy oil from BRICS, USD was MANDATORY. It wasn't a "choice". FUCK

YOU
ARE
A
FUCKING
RETARD
HOLY
FUCKING
SHIT

>>54444593
YOU DON'T KNOW ANYTHING. STOP RESPONDING TO ME. YOU ARE KILLING MY BRAIN CELLS

Absolute RETARD alert
>>54444599
Dumb nigger. Read again.

>>54444605
Uh oh. Pajeet are you mad that I'm about to redeem all over your dumb fuck currency? Don't worry. I genuinely want to see the shit show that is bric play out. Maybe it'll be as successful as the belt and road. Ie 25% default and growing.
Please put your life savings into bric.

>>54444614
REEEEE IT JUST IS ANON! STOP BULLYING ME AND INFEST INTO MY LITERAL SHIT COIN
No ranjeesh, I don't think I will. Enjoy your nigger-slav-poo-bug coop coin though.

Non Americans makes me laugh, they talk like they wouldn't be sent to the meat grinder if the US forced NATO to.

Lower your tone when you talk to us, cattle. You will fight for ZOG while we watch

>>54444627
>>54444631
didn't read. Done with your retard ass that can't comprehend the most basic shit.

>>54444634
I'm from the u.s., you retarded faggot. Thing is I have a logical brain. Not one driven by bias.

>>54444633
Oh you read it. And you're still seething. Maybe start a new thread with the same dumb bullshit. I'll be back to remind you.
Niggers
Poos
Bugs
Slavs
Monkey
Fucking kek

>>54443505
the taliban?

>>54444637
>From the US
Not American, just from the US. I hope your H1B gets cancelled Ramesh.

it's over

>>54443505

All the new recruits I see are busy on tik tok and look like they go Black Lives marches

You’re fucked in a real confrontation

India Russia Brazil Iran China NK new global shitskin alliance

>>54444648
Using what currency? They never say.

>>54444674
yuan
https://www.news.com.au/finance/markets/world-markets/brazil-china-ditch-us-dollar-for-trade-payments-favour-yuan/news-story/682a517c37ba14f306e65ad0e83f6307

>>54444646
Post IQ. Not even shitposting. I'm curious

>>54444685
HAHAHA HOLY SHIT LOL LMAO EVEN
Does Brazil know that China doesn't even want their own currency?

>>54444690
135. Why do you ask Pajeet?

>>54444716
oh no the glowie is having a copium overdose

>>54443962
This

>>54443998
Like an ex girlfriend argument

>>54444067
This

>>54444100
The open defecators currency ?

>>54444160
This

>>54444179
Like arguing with an ex girlfriend
All emotional N shit
NGMI

>>54444494
KEK

>>54444463
WRONG. source ?
muh confirmation bias, bro

>>54444738
>m-muh emotional
I talk shit to retards, but my views are not filled with a bias. If you were a man, you could brush off my insults and focus on the content

>>54444732
>China pays for LNG in Yuan
>Russia attempts to buy Chinese commodities with Yuan
>China refuses
Using your garbage currency to buy other things is not refuting that they don't want their own currency.

>>54444723
Oh in that case I'm 136. 135 my ass, Lmao

When will shitskins understand that burgers are the money, every single walking american is a bag of dollars, no China-brazil-russia-india alliance will change that. No USA money ? the whole world will die, its a huge amount of copium thirdworlders are breathing in to somehow feel good. As a europoor I've accepted that and you should too.

>>54444581
>dont let retarded communists set monetary policy

Weak bait

>>54444750
The content of your post reads like ESL slop. We all know you're Indian.

>>54444755
Such seething cope. Do you have anything else retarded to add to the thread? Brics is DOA. No amount of kvetching from you will change this.

>>54444773
This coming from the retard that didn't even know what BRICS was until I told you and thought the dollar wasn't backed by BRICS (aka needing USD to buy oil). Retard alert

>>54444752
I'm sure it was real in your mind

>>54444763
delusional lmao
keep chanting your hymnal though

>>54444767
Communists run our government but nobody has passed a real law in decades. The Fed is run by accounting nerds.

>>54444780
Read the thread again pajeet. I knew what it was and asked you to explain for the sake of argument. If you weren't a low IQ ESL retard you might have known what the Socratic method was.

>>54444782
Anyone buy anything in Yuan yet?

>>54444791
stop trying to save face for fucks sakes. You got fucked. You got bodied. Deal with it.

>>54444796
you can buy anything you want on this planet with yuan, china produces everything

>>54444805
So you're saying you don't understand what the Socratic method is because you're an ESL third world monkey. Got it. Well point is I knew what brics was because you retards have been chimping about it for years now.
Good luck with your shitskin bucks. I'm sure it won't go up in flames like everything you do.

>>54444805
Is this a chat bot ?

>>54444818
Vietnam, Mexico, and India have cheaper labor than China and manufacturing is moving there as a result.

>>54444847
still trying this cope that even the indians called bullshit on?
https://www.youtube.com/watch?v=2ca29Ej-bb0

>>54444836
Why the shit would you even think that?

>>54443527
it has dude. thats why its wild that Russia and India are trading oil without the dollar right now. we killed Gadaffi for even thinking about doing this

>>54444859
If you don't poop inside lower your tone when talking to me.

t. chat robot

>>54443505
https://es.wikipedia.org/wiki/Caracalla

https://en.wikipedia.org/wiki/Crisis_of_the_Third_Century

You got it wrong, the strongest military is backed by it's currency.

Caracalla fucking up saying what you said is proof of it.

>>54444857
See you in a few years. Mexico is already mogging China on new factories being built there.

>>54444870
Le Meditations
Le Stoic

>>54443484
>Retards like Elizabeth Warren say the dollar is backed.

By the barrel of a gun.

>>54444906
>just a few more years
LOL
https://www.scmp.com/comment/opinion/article/3213475/india-ready-take-chinas-place-global-economy-thats-just-wishful-thinking
>India’s FDI inflows, as a share of the global total, fall from 3.4 per cent to 2.8 per cent between 2019 and 2021, whereas China’s share has have risen from 14.5 per cent to 20.3 per cent
>b-b-but mexico
LOOOOOOOOOOL
it's just usa factories moving to mexico, no one is moving from china to mexico LMAO

>>54443932
Are you retarded? Middle class is defined as $65000 or more a year before this inflation shit. That's 65% of the population living under middle class, 11% of people in poverty.

If you're fighting for America it means you're fighting for black lives matter, diversity quota hires, fags, decrease in quality of life.

Who the fuck is going to run into hell fire to make sure their children have a worse life?

>>54444796
>35pbtid
You're a kike right?

>>54444932
probably a glowie running damage control, there's lots of them nowadays

>>54444906
Buddy, a rising Mexico is the last thing you want.
They have strong and legit historical and demographic claims to half the US and share a border with you.
I hope you create your next archnemesis like you did China to fuck over the soviets back in the 70's. The US keeps shooting its feet it's hilarious.

>>54444923
Cope how you like

>>54444932
>A kike
Yes. You guessed it. Own the kikes by investing in a nigger poo slav bug monkey coin. Brown pride world wide.

>>54443484
>Backed by what
infinite debt and homosexuality

>>54444634
nato exists so america can be europes army, not the other way around

>>54444946
>Historical claim to half the US
They lost that claim to the US when we matched an army to Mexico City and decided we didn't want it.

>>54444578
>they are not run by woke fag politicians and trannies and instead get shit done
Imagine believing this retarded nonsense

>t. German born
Oh I see, I'm so sorry I didn't know

>>54443505
the Space Nazis? Based.
highground.lol you stupid chuds

>>54443505
>credible threat

>>54443877
>The dollar is backed by gold you fucking alt right nazi retard.
>Comedy gold, I must say
Is comedy gold a new euphamism for tungsten now?

>>54443505
Cope. We have the gayest military in history.

>>54445129
they shaved so many pennies the foundations are now rotten

Its "backed" by nothing except the fact others will accept it for goods and services. So if your military exerts influence overseas, then the military can lead to adoption of the currency, it can strengthen the currency, At the same time the military cost a lot of money and so it weakens the currency because the gov has to spend the currency to fund it.

But the dollar is not "backed" by oil or the military or anything else. The dollar isn't a representation of the value of some oil reserves or the military, you can't redeem your dollar for oil or ammo or something. Even under bretton woods, when the dollar was pegged to gold, it wasn't really even backed because the US had no where near enough gold to back it.

Its all just about what currency actors in the economy want to use, that adoption is what makes a currency valuable, not what a few govs claim oil should be settled with.

>>54443513
the us dollar is a kike shit coin and its backed by niggers that riot when the jews change the social media to be about some nigger that was mistreated by racist white "supremacies".

Its a fucking meme, the fed is a private company operating to enrich jews.

Its backed by the threat of violence like a protection racket. Let the dollar die.

>the absolute nanosecond the US becomes merely a white majority rather than supermajority everything goes to shit all at once
kek

>>54445255
How many times do we need to watch empires and cultures disintegrate to learn how to remedy it?

>>54444634
>He thinks any med over 18+ is going to get a weapon and fight for the ZOG.
Nigger your fucking country ruined 50M people future here on europe by cheap unpayable nigger love giving free money to monkeys and then making us all pay for your mistakes, we now know how you operate, every single southern european youth hates you from our very deep gut.
We would rather kill our own armies than to fight for another country's sake, we do care about our family well being unlike on your shitty unmoral country.

>>54444397
>the security of knowing we wouldn't hyper inflate our currency

It’s backed by white power and white people. That means all minorities immediately worship it and love it. Hitler said so, so it’s definitely true, r-right Europeans? Right????

>>54443962
>Not enough gold in the world to represent global trade
Lol wut? Of course there is, gold just becomes more valuable until it is. The real issue for BRICs is that no one is going to trust them with gold not to run some fractional reserve bullshit like bretton woods. If international trade switches to gold it will be in actual gold not paper or digital digits.

>>54445002
Yeah and they can take it back just the same.
>Inb4 México is an absolut shithole that is toothless
True, but 1970's China was on par with Africa, far worse than México, and look at you know, sharting the floor because chinks scare you that much.
Developing México is the last thing that's in the interest of the US, you would lose your "uninvadable" status and get eventually buttfucked by people that will be smarter, younger and more educated than you in a few decades (catholic beaners > degenerate trannies where 1/5 people is a nigger) that also hate you, with good reason too.

>>54444796

>>54445311
>Mexico will annex America
Most retarded cope I've seen all thread. I await my 4 foot 9 invaders.

>>54443505
>loses against ricefarmers in Vietnam
>loses against goat herders in Aghanistan
Why are mutts so delusional?

Your military is a big fat joke

>>54445277
Bet against the USD. Post it here so I can laugh at you.

>>54445326
That's what boomers used to say about China rivaling you some years ago.
You're so addicted to the stock market you can only think short term.
Fucking apes.

>>54445322
You misunderstand. They bought stuff with their own Yuan. That's not the question. The question is has China completed a trade of steel in Yuan?
Giving other countries your worthless currency in exchange for energy if not the same as selling your commodity to them in exchange for your worthless currency.

>>54443505
False

It's Nukes.

>>54445364
And they're still right, Chang. Step up and do something already? Manufacturing is moving out of China to Vietnam and Mexico.

>>54445342
I did.
I bought gold.

>>54445371
I'm french. I have no horse in this race, I hope you both get your teeth kicked in.

>>54444975
I'll cope with real articles talking about the reality while you cope with retarded delusions from 5 years ago that never came to fruition

>>54445342
We already have by going into crypto and metals dumb faggot

>>54443855
The don't call it a buck for nothing

>>54445322
>>54445366
Yeah it doesn't really matter unless you know what prices are being denominated in. They can settle with Yuan through Chinese banks to avoid US sanctions. But if the price is still dollars, just converted to Yuan whenever the settlement is made, it still strengthens the dollar. Or if they use the Yuan, but with some heavy inflation and interest adjustments, then that's still shitty for the Yuan. In the end actual market participants have to want to have exposure to the value of the Yuan over the Dollar. If you had to hold a currency for a year for example, you aren't picking the Yuan over USD, lol. Even if you think USD is shitty.

>>54444847
Hello Peter

>>54443505
>laughing_vietnamese.jpg
>laughing_afghans.jpg
>laughing_iraqis.jpg
>laughing_syrians.jpg

>>54445391
tfw your cult took over italy, france, spain, duetschland, great britain but you can still run afoul of mafiosos

>>54445386
>Checks price chart
Fucking kek
>>54445391
A fate worse then death. Your existence is punishment enough, frog.
>>54445403
You'd have made more money buying us stocks then crypto.
>>54445420
The only intelligent poster in this entire thread.

Well this thread was fun. Have fun being third world monkeys.

>>54444860
They smelled weakness when you failed to kill Assad. It only takes one.

>>54443634
considering that the west(or we europeans and americans) are like this is honestly very frightening for the future
also considering that both russians and chinese people are far more comfortable with their leaders than we are

>>54445439
>laughs at the gold chart
I see, you're trolling.

Well at least we elected a president that the world respects instead of a president that made Mexicans and trannies uncomfortable. Right bros?

its backed by tithes to israel, you know buying/using the us dollar a portion of the value always goes to israel.

OH NO NO NO MOSHE BROS WE GOT TOO COCKY

>>54445469
>20% in a decade
You ok Anon?
>>54445576
>Own the Jews by buying South African poo dollars
If you say

>>54443484
>>54443505
>>54445370
Oh no, have we actually reached the, "You can't do this we will NUKE YOUUUU!!!!1" part of imperial decline already? I thought I would have had 5 more years to prepare

>>54445715
Nukes aren't real

>>54443484
The US dollar is backed by niggers and trannies.

>>54446085
BRICS is literally backed by niggers and poos. Is this supposed to be better?

>>54443728
>muh scawy gey

>>54445426
>laughing corpses

>>54446196
By niggers and poos with 80% of the world's oil and rare earth metals. I'll take it.

>>54446263
>Laughs in foreign ownership
They don't own their own resources and it still doesn't answer the question of which brics country will be the pegged currency
>It's digital
Still needs a pegged value. What is it?

>>54444364
>>>/trash/ tier Photoshop.

>>54443505
US doesn't have the strongest army almost a decade now.
China is number one in every metric except investment.

>>54443728
I am now bullish on USD.

>>54446227
Imagine simping for anal sex

>usd backed by military
>military backed by usd

this is some Terra/Luna type bullshit desu

>>54445466
central bank of Syria is still owned and everything else is just theatre so long as its actions are aligned with US banking interests

>>54443484
Tokenomics of this shitcoin just rugged. It's over.

>>54443505
Better pray for AI killer bots

>>54446476
Care to put that to the test?

Laughed in Goat Fucker and Rice Farmer voice.

>>54445370
Nukes are not real, anon.

>>54445725
Nuke is real

>>54448389
Nukes are fake and gay

>>54444946
To this day I don't get why there are so many spics in Chicago

>>54443505

>>54448560
wamen stronk

>>54443505
The absolute cope in your (you)s. The world needs another Iraq so every subhuman non-American remembers his place.

>>54443561
Based AI

>>54448560
the state of amerimutts KEK

>>54445371
Not sure where you're getting that idea from, but it does not reflect reality.

https://www.bloomberg.com/news/articles/2023-02-07/us-china-trade-climbs-to-record-in-2022-despite-efforts-to-split

>>54444295
"Lol", said the US, "Lmao."

>>54443484
>Dollar is backed by..?
*checks notes*
FREEDOM
GUNS
NUKES
DRUGS

>>54444275
Now that 250 billions has been spent to ensure all buttons have been upgraded to new woman friendly buttons a lighter press and fatigue resistant springs and all painted a non racists brown to honor black history month, you’re right.

>>54443524
the US military is a paper tiger. it's only militaryvictories since WWII have been Panama and Iraq, both tiny countries with no air power or military capability to speak of.

The US Army is a joke. it lost in Korea, Vietnam, and Afghanistan. it cries of traumatic brain injuries when dune goblins with drones hurt their occupying feefees.
If the US dollar is backed by lmao the US army then the dollar is backed by nothing. the US is a clown country with tranny generals with a military tradition of getting its shit pushed in by rice farmers and goat herders.

>>54448992
>It don't real
Plug up your ears if you like Chang. Fact of the matter is Mexican labor is cheaper and they're less hostile. Mexico Vietnam and India are going to take away Chinese jobs. Fact
https://fortune.com/2022/11/02/mexico-manufacturing-growth-us-nearshoring-bank-of-america-invest-opportunity/amp/

>>54450536
Step up then.

>>54443484
BRICS is such a meme, it may as well be called RC at this point. I'm South African and have never seen any benefits from this ""alliance"" in my entire life. There's two world powers in BRICS and the rest of us have to tag along with their political choices.
By the way, I can understand the sheer resourceful potential of a continental nation like Brazil, but WHAT does India have to offer? Weapons-grade faeces?

If btc takes 1% of foreign exchange per year it's worth around 1.5M in current USD.

>>54451055
One btc ~ $1.5M USD(2023)

>>54443505
kek Hardly any white men still want to fight for the (((united states of cultural marxism and globohomo.))) America is a paper tiger that resembles the late roman empire more each day.

>>54451069
I bring this up because in a world without a reserve currency btc will be attractive, especially for weak developing world economies.

>still no currency backed by anime tiddies

>>54451050
India is probably better situated than Brazil in terms of demographics and geography. A lot of pharmaceuticals come out of India.

>>54451168
What would BTC be priced in? What is BTC priced in now? What are stable coins priced in?
The answer might shock you.

>>54443484
It's the least shitty currency in the world. It is backed by the best economy in the world, as shitty as it is. The United States is still the world hegemon even if it is significantly worse than it used to be. All of the other countries like China and Russia are 10x worse.

>>54444379
Gold

>>54451460
There isn't enough gold in the world for that to work.

>>54443578
"Logic is a wreath of pretty flowers, that smell bad."

>>54451469
>boomer rocks cant be used as money they are worthless
>gold is too valuable to be used as money
pick one schlomo

>>54451588
When did I say either of those. All of the gold in the world is worth about 13 trillion. Global markets are like 94 trillion. That's not counting debts. There simply is not enough gold to represent the current value of global trade and assets.

>>54443505
and throughout history they eventually fall. look at the roman empire, alexander the great, genghis khan, and countless others that conquered most of the world during their era with the most advanced technology at the time. technology and advancements are always changing, but the common factor is always human

>>54451653
So it's scarce? That makes me want it more

>>54451667
Buy as much gold as you like. Just telling you it's not going to be a global currency backer ever again. Also don't cry when astroid mining makes your bags heavy.

>>54443484
>small dick chinks and russian niggers making another USA fud thread

keep seething about America's dominance in the decades to come

>>54449740
LMFAO

>>54451232
My problem with India is more societal, but yeah, true. Brazil has lots of oil and lots of untouched land, but what's the point when you get hit by a thousand environmental fees.

>>54443505
And it's falling apart due to lack of maintenance, lack of willpower, lack of leadership, lack of purpose. Nobody wants to die for these scum anymore.

>>54444777
Bro why are you defending America you dumb degenerate kike puke? I hope China and Russia end your decadent pit.

>>54451805
Step up to the us military in a uniform if you really think that's true.

>>54451811
>If you don't shill for Russia and China you're a ki,
Oh no no no

>>54451821
Why would he want to die for Israel?

Test

>>54451837
You're going to die for Israel one way or another.

>>54444847
America has been defeated no obfuscation will fix this jew boy

>>54451850
By whom?

>>54444932
Of course he is. Probably some lgbt spastic filth too.

>>54445715
>>54445725
Duke Nukem

>>54443962
>And still Bitcoin is backed by USD
bitcoin is "backed" by its orderbook, retard
same thing with any currency
go back to school

>>54451881
>If you don't shill for vatniggers you're a gay kike
Cope how you want
>>54451906
Bitcoin is backed by the value. Or did I hallucinate the pink wojack posting when it fell below 20k USD
>USD
>UNITED STATES DOLLARS
Doing a big think here.

>>54451821
I literally got released for not injecting myself with an experimental gene therapy, find another zogbot

>>54443505
>lost to ricefarmers
>lost to towelhead living in caves
>full of trannies and furries
I'm not feeling too good...

>>54451941
>Was prepared to take a bullet for Israel but drew the line at a vaccine designed for the elderly and children
You're a fucking retard then. Two more weeks until the die off right?

>>54451926
You post incessantly you either live in an ivory tower or just some govt cunt with no better priorities.. everything about America is horrible this isn't conjecture its not opinion based. America is in a death spiral. But it won't matter to a kike lover like you fed boy. America is a mostly brown ugly place. Europe still has actual whites. The world would rejoice if America got blown away.

>>54451959
In a uniformed conflict do you honestly think we would lose to any of those forces?

>>54452009
Didn't read.
If you hate America so much then short America. Short the dollar, spy, American media, American exports. You hate us right? Wanna get rich. Short us on leverage. Post it too. I want to laugh.

>>54445371
Market is literally propped up by fed QE. Bro your a mental midget. China owns muttland.

>>54452013
Yeah
Most of your armed forces took the jab and their immune systems are ticking timebombs

>>54452032
Because you probably are a fed. Just kill yourself vapid fallacious retard. America is basically a large hispanic dumping ground. Kek

>>54452013
>do you honestly think we would lose to any of those forces?
already did no matter how much you want to mingle words around as a form of cope
the age of army men carrying the world on their backs ended with WW2

>>54451992
>haha this pointless pharama racket I submitted to was literally pointless at best but most people who took it didn't die HAHAHA don't you feel silly chud?
Pathetic.

>>54452056
2 more weeks

>>54452056
Us military is done for. Hence they won't send troops to Ukraine by they will get btfo. Us is such a shit hole. It's actually tragic.

>>54452060
If you hate America so much why aren't you making money on the demise? It's a no brainier right??

>>54452079
>He doesn't know about article 5.

>>54452077
Plenty are sick and infertile. That us poster is some biden bootlicker. I know zero Americans who are happy with their country.

>>54452070
Ok. Step up then. Topple the American paper tiger. Free the world. Do it. I'm begging you. I'm bored of nothing happening.

>>54452077
>It's deadly
>Ok it's not deadly but it's pointless
Two more weeks. I hope losing your benefits was worth it.

>>54452101
Refute me. All you have is whiny reddit tier comments. You have defended the banking cabal like its your newborn and lie about everything. Definitely jewish scum.

>>54451246
Btc is digital gold.
Block chain makes settlement easy in low trust transactions. No sketchy banks and shaky foreign currencies to worry about. You can watch the tx hit your address.

>>54450951
Indian labor is 10x cheaper than Chinese. And it has been that way for the past decade, yet US still buys from China in record numbers.

>>54443962
brics are backed by the labor of 4 billion wageslaves

>>54446299
>laughs in nationalisation of foreign owned industry
what little joey gon do?

>>54452363
>Gets hacked

>>54452363
Yeah it only takes 10 confirmations to actually get it. Meanwhile you wait for hours while the price plummets because some whale decides he wants you to baghold.

The absolute STATE of cryptocucks LOL

>>54452452
>What is start up capitol
Robots cost nothing but electricity and yet McDonald's still hires wagies. The cost of Chinese labor needs to climb to a point where building a new factory in India would be worth the opportunity cost. We're approaching that. Also consider the technical ability of the work force. Mexican labor is both cheap and educated. India labor is only cheap.

>>54452585
That's why America won't invest in Africa and why China is going to eat crow when they find the African nations take the infrastructure projects and refuse to pay.

>>54443484
BRICS is backed by.. ?

>>54452712
>btc
>getting hacked

>>54452712
If math stops working we have bigger problems.

>>54452734
Lightning is instant and infinite throughput.

>>54452838
>>54452842
>Exchanges don't exist
>Thinks the national bank of a country is going to have a single crypto wallet on chain with a password that can be cracked with a 5 dollar crowbar
Actually retarded. They'll never use Bitcoin but if they used any kind of crypto it's going to be a globohomo bank running the show. But at that point swift is faster and more secure.

>>54444240

>>54452737
>Robots cost nothing but electricity and yet McDonald's still hires wagies.
Shit is so off topic, but they cost more than just electricity. The fuck. Also AI is taking over as we speak. In texas for instance, there's already an automatic mcdonalds. Silicon valley also has a self driving truck for walmart

>>54452868
>>Exchanges don't exist
absolutely retarded
>single crypto wallet
Why would they only have one?
>>on chain with a password that can be cracked with a 5 dollar crowbar
Hack my wallet then :)
Fucking dumbass monkey retard baboon idiot talking out of their ass

Just... LMAO

>>54452903
>Why would they have just one
Why would they have any? ESG money says crypto bad. That alone kills adoption.
>He doesn't know what the 5 dollar crowbar hack is
Don't worry, your skull will learn soon enough.

>>54443484
its backed by the full faith and credit of the us government, technically, a fairly meaningless platitute

however it has value based on demand factors, of which oil trading is only one. the biggest one is the amount of dollar denominated debt in global commerce, which people need dollars to repay

>>54452919
$5 wrench doesn't apply to central banks, lol. And you do realize someone can $5 wrench your bank account right? They can force you to send a wire and then detain you, hold your family hostage, etc. until it can settle. Once you lose your physical security all bets are kind of out the window.

>>54452990
Difference is my bank account is FDIC insured so I'd get the money bank. All transactions on chain are final.

>>54451992
>You're a fucking retard then. Two more weeks until the die off right?
I don't think you realized how much you hurt the military with this, but that is a good thing.

>>54453007
Two more weeks until the die off right? I'm tired of waiting. When is it?

>>54453006
FDIC doesn't cover theft, lol, its for bank failures.

>>54444444

>>54452966
Its not that trade is done "in" dollars, but that some future payment is denominated in dollars. It doesn't actually matter what currency or bank is used to make the actual payment, but that there is a dollar asset and liability created for a certain duration which creates stability for the currency. For example, one person may sell oil for $80/barrel. It may take weeks or months to complete the trade. And in the end the buyer might pay with $80 worth of CNY without ever touching the dollar. But the stability is still created for the dollar.

>>54453022
Not FDIC but they're still covered.

>>54443484
the dollar is backed by people around me agreeing to provide goods and services in exchange for green rectangles with zero supply cap, as opposed to my labor, time, or scarce assets

thats a good deal for me but one day they may wise up

>>54443484
Dollar was backed by oil and violence
But both of those are not looking so good at the moment

>>54453128
No, they're not. Covered by who? A wire settles as soon as it processes. The money is gone, being routed to some international bank that doesn't give a fuck about helping you get your money back in time before whoever stole it cashes out. This is how all the scam call bank scams work.

>>54443634
soldiers are the dumbest humans. they will do it just like russians are doing right now

>>54445414
Carlos!

>>54453168
Small charges can be contested and credit cards just give it back. Large charges like a wire transfer take several days in which case you can just call the bank and they'll cancel it. What's the recourse in crypto? Nothing? Weird

>>54452919
you're tech illiterate and it's hilarious

>>54444544
only Russia has relevant amounts of oil in BRICS and most settlements with EU were done in euro.

China and India are energy hungry as fuck.

>>54453308
Why would I need to understand technology to bash your skull in until you give me your password? Why would banks subject themselves to a system they didn't build that wouldn't allow them to pull the fuckery that underlies all (((banking)))? There's not a single good reason for banks companies or countries to use Bitcoin for international trade. If they ever use a Blockchain it's going to be one of their own design that they control completely so they can undo transactions at will.

>>54453282
Lmao, no. You're an idiot. Look up how wires work. Completely different than a credit card which you can only pay merchants with. The other bank has the money as soon as the wire settles. There is no reversal unless the other bank plays ball, if they ever do it won't be in time for a scammer or kidnapper to have withdrawn the funds. If you or your family are kidnapped for money it doesn't matter if they want your fiat or crypto you are fucked at that point.

>>54443484
wtf happen in this tread?

>>54453337
>unless the other bank plays ball
>Video of criminals breaking into my home at the exact moment a wire transfer goes out
>Unless
Ok retard.

>>54453282
>>54453337
just to be clear, with wire fraud, you do not get compensated if they can't get the money back. The bank is out the money and will not front the money, its not like a credit card where they can withhold settlement from the merchant.

>>54453343
Vatniggers seethed for a while about their new fiat currency being worthless and now we're discussing why crypto isn't feasible to back international trade.

>>54453355
see >>54453355
They won't be able to recover the funds to give to you, just like crypto, wires are final. This is how scam callers are able to scam money out of people's banks.

>>54453366
Who do you think I am? A fucking Rothschild? I don't have enough money to be worth scamming for a wire. If I get scammed it's going to be from a credit card reader. Easily reversed. Thanks for playing.

>>54453385
we were talking about $5 wrench. you can't get your crypto stolen by a reader because crytpo is send by signing a transaction not just a single 16 digit number that can easily be copied and reused by anyone.

>>54453343
Low IQ retards are salty the dollar is dying so they turned this into nationalism.

>>54453492
>Dollar is dying
By what metric?

>>54454048
well, since it isn't backed by anything, there isn't any metric that matters aside from the trust it supposedly trades for.

>>54454221
What are alternative currencies backed by?

>>54444544
>Do you even know what it means to have something "backed"? It means to have it have a usage.
token not sneeded sar?
do not redeem the oil benchode DO NOT REDEEM

>>54454048
DXY for starters