General Discussion

gab13by13

(32,789 posts) Mon Mar 16, 2026, 09:06 PM Mar 16

I Have Been Criticized For Saying The Dollar Could Lose Its Status As The World's Currency

Krasnov has been trying to crash the dollar ever since he became president. His tariffs, his attacks on the Fed to lower interest rates.

This has been Krasnov's only economic goal. To crash the dollar and strengthen Crypto, cyber-currency.

Iran is making deals with China, Iran has been shipping oil to China ever since the war began, shipping more oil than before the war began.

Now Iran is making a deal with China, it will continue to ship oil to China if it is bought using the yuan as currency.

If this deal works out, it's another warning sign for the dollar.

The BRIC countries have been scheming on a basket currency to replace the dollar.

Just imagine what happens to the United States if the dollar loses its status, safe 401k's invested in cash will crater. It will take more dollars to buy groceries, to shop at Walmart.

The dollar is safe for now, but there are cracks.

6 replies

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I Have Been Criticized For Saying The Dollar Could Lose Its Status As The World's Currency (Original Post) gab13by13 Mar 16 OP

Yup. Very scary. Joinfortmill Mar 16 #1

To that I would never say never. RandySF Mar 16 #2

Why the criticism ?? What's their argument ? eppur_se_muova Mar 16 #3

Piss off enough people,.... magicarpet Mar 16 #4

This is all so Russia can take over the world. Initech Mar 16 #5

It is the goal of those who are pulling the strings. yellow dahlia Mar 16 #6

Joinfortmill

(21,679 posts)

1. Yup. Very scary.

Reply to gab13by13 (Original post)

Mon Mar 16, 2026, 09:08 PM

Mar 16

RandySF

(86,331 posts)

2. To that I would never say never.

Reply to gab13by13 (Original post)

Mon Mar 16, 2026, 09:10 PM

Mar 16

eppur_se_muova

(42,529 posts)

3. Why the criticism ?? What's their argument ?

Reply to gab13by13 (Original post)

Mon Mar 16, 2026, 09:16 PM

Mar 16

We've got a reckless psychopath in charge of monetary policy and he *enjoys* changing the rules at whim. He *enjoys* the uncertainty and chaos it creates. He *enjoys* the fear and uncertainty it raises in our erstwhile allies, and confuses it with "respect".

Our allies would be derelict in their various duties if they weren't seeking a Plan B to the USD. Uncertainty and chaos are exactly what is NOT needed in an international currency standard. If they have to sideline their biggest trading partner to secure their own economic stability, it will happen as soon as they can manage it. Trmp thinks he has unlimited power forever. Actually, it's not HIS power, it's the USA's, and he is hellbent on testing it to destruction. He has no idea what to do when his threats and bluster cease to have effect. He has no alternatives even partially thought out.

magicarpet

(19,425 posts)

4. Piss off enough people,....

Reply to gab13by13 (Original post)

Mon Mar 16, 2026, 09:22 PM

Mar 16

... indicate again and again that djt &
the USA can not be depended on or trusted,... then smart people make alternative arrangements. It forces people to diversify their portfolios and not put all their eggs in one basket.

But if you piss them off habitually, repeatedly, and vindictively - expect actions be taken out of spite to put you in your place and likely abandon you.

Initech

(109,274 posts)

5. This is all so Russia can take over the world.

Reply to gab13by13 (Original post)

Mon Mar 16, 2026, 09:25 PM

Mar 16

They're destroying us through propaganda.

yellow dahlia

(6,504 posts)

6. It is the goal of those who are pulling the strings.

Reply to gab13by13 (Original post)

Mon Mar 16, 2026, 09:55 PM

Mar 16

They have their puppet.

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