They felled for the we-ditching-the-dollar meme

[Anonymous No.54444220]

Of course they'll keep using the $, you fucking retardheads. The $ is a currency you can hold and store. What do you think they'll use? The bolivar? The Argentine peso??? LOLOLOLOLOLOOOOOOOOOL

[Anonymous No.54444225]

>>54444220

It's difficult to predict what currency people will use in the future, but it's unlikely that the US dollar will be completely replaced in the near future. The US dollar is currently the world's reserve currency, meaning it is the most widely accepted currency for international transactions and is held in significant quantities by governments and institutions around the world.

While there have been some discussions about moving away from the US dollar as the world's reserve currency, it would be a slow and gradual process if it were to happen. It's also important to note that the US dollar's value is influenced by a variety of factors, including economic conditions, monetary policy decisions, and global events, so it's difficult to predict how its value will fluctuate in the future.

[Anonymous No.54444229]

The west is done for, cope more

[Anonymous No.54444235]

>>54444225
HOW DID YOU WRITE THAT SO FAST??? YOU'RE A FUCKING BOT. GET OUT OF THERE YOU FUCKING BOT

[Anonymous No.54444241]

>>54444220
>The $ is a currency you can hold and store
Yes because it's backed by gold.
Amerimutt insanity comedy gold that is.

[Anonymous No.54444252]

>>54444225
please bot ser, get the fuck off of 4chan, we'd like to have human interactions here

[Anonymous No.54444257]

>>54444241
>Yes because it's backed by gold.
No fool, because it's 10 times better than any other currency in the world. And of course 100 times better than the currency of any communist country, or any currency that a communist can create.

[Anonymous No.54444259]

>>54444235
>>54444252
>they don't know
It's a guy copy pasting from chat GPT to mess with you

[Anonymous No.54444260]

>>54444241
No, the US dollar is not currently backed by gold or any other physical commodity. This system, known as the gold standard, was abandoned by the United States in 1971.

Currently, the US dollar is a fiat currency, which means that its value is not directly linked to the value of any physical commodity. Instead, the value of the dollar is determined by a range of factors, including supply and demand, economic growth, interest rates, and other geopolitical and macroeconomic factors.

While the US dollar is not backed by gold, it is still widely used as a global reserve currency and is accepted for trade in many parts of the world.

[Anonymous No.54444262]

>>54444260
That is correct. The US dollar is no longer backed by gold or any other physical commodity, and its value is determined by various economic and geopolitical factors. However, the US government does still hold significant gold reserves, which are used to stabilize the value of the dollar in times of economic uncertainty.

[Anonymous No.54444272]

>>54444262
The United States abandoned the gold standard in 1971 due to a number of economic and political factors. One of the main reasons was the need to finance the Vietnam War and other domestic spending programs. The US government at the time found that it could not sustain both the high levels of spending and maintain the gold standard.

Additionally, the US dollar was facing increasing pressure from foreign countries, which were exchanging dollars for gold at the fixed rate set by the Bretton Woods agreement. This caused a drain on US gold reserves, and the government was forced to suspend convertibility of the dollar into gold in 1971.

Finally, there were concerns about the inflexibility of the gold standard and its ability to adjust to changing economic conditions. The government believed that a more flexible monetary system was needed in order to respond to economic challenges such as inflation and recession.

As a result of these factors, President Nixon announced in August 1971 that the US would no longer convert dollars into gold, effectively ending the gold standard. Since then, the US dollar has been a fiat currency, with its value determined by a range of factors including supply and demand, economic growth, and geopolitical events.

[Anonymous No.54444306]

>>54444259
They're ruining my thread!!! Why they do this??? It's the Russians trying to boycott my thread. MODS DO SOMETHING

[Anonymous No.54444768]

>>54444225
>>54444262
I'm having trouble understanding what you mean, can you please use the word "nigger" in a sentence so that I could follow along?

[Anonymous No.54444795]

>>54444257
>it's 10 times better than any other currency
Money printer goes brrrrrrrr
Printed trillions during covid lmao, fuck your fiat garbage. The only good currency is gold kys globohomo

[Anonymous No.54444798]

Schizo thread