/biz/ - Business & Finance

>>54456851
Because they want to use their own currency in trades and the current system is capable of doing that
The dollar will always be in demand as long as the us is a power but China and Russia don’t need $ to do trade

>>54456851
all the currencies in the world pretty much look to me like they're going up so I don't think your statement is correct

>>54456851
Because the US dollar is a ponzi scheme.

the axis of evil will trade with saudi and the uae instead, with saudi/uae riyals which is pegged to the US dollar.

meanwhile the US is now the largest energy exporter to europe

>>54456851
imagine you're trying to trade a bite of big mac for some of your girlfriend's fries and some fat retard walks over to your table and screams NO, NO, YOU HAVE TO TRADE FOR MY MCNUGGETS FIRST, and he forcibly shoves nuggets into your hand, takes your burger, puts in her hand, then takes some of her fries and walks away. do you think you'd enjoy that happening every time you sat down to eat?

>>54456851
Because they can.

What are you gonna do about it?

>>54456851
Because Dollar was always strong with around 3% inflation at most, non volatile currencies are ideal and trustworthy.

With around 7% anual inflation it loses too much value overtime and people lose trust on it. Since the fed will keep printing to save banks it makes sense to use another currency.

>>54456851
Cause your funds aren't safe in a cancel culture currency.

>>54456851

Because there will be a huge scarcity of it very soon, as the FED keeps raising rates. They are forced to do this, otherwise with no dollars to trade there will be a collapse of their economies.

the united states invades any country that stops using the usd. americans brag that their dollar is "backed" by this threat of military force. but the other nations realized if they all jump ship together the us can't attack them all at once. these other nations are finally motivated enough to cooperate long enough on this issue to get it done.

>>54456851
Why do sharks and vultures circle?

A Currency War

>>54456851
All the above answers are wrong. It's because the US is being unfair. Imagine a scenario where you're a competent wagie but you're not playing into office politics, sticking to company rules, or didn't follow to boss' instructions even though everybody knows he's hypocritical and is in the wrong. Claims credit for your work, is lazy and spoils his fat children. Also your boss dislikes you and decides you're not in the inner circle because of your looks, skin color, family background, education background, etc. And decides that you're never getting invited into his parties, never getting recommended, never getting recognized for the work you put in. Would you still work in the same company? Or would you jump to another company with better prospects?

>>54456851
>Why are countries moving away from using the dollar?

>>54457225
Having a single countries currency as the world reserve currency is unfair.

Brics is finally doing something about it and its gonna lead to a War.

It's just marketing bs. No one ever forced anyone to use USD to conduct trade. It was just convenient.

Certain countries are making public statements that rabble rousers like to amplify. Brazil, China, Russia doing some piecemeal amount of trade in other currency isn't going to move the needle. No one actually wants Brazilians reals, or rubles and garbage currency like that

>>54456851
Because the dollar has continuously shown they will bail out mega rich corporations which makes the dollar weaker.

Imagine if bottle caps were a currency but some faggot kept making more bottle caps and giving them to friends. Why the fuck would anyone outside of that group of friends use it?

>>54457296
The government* not the dollar
But kek whatever that mistake still works

>>54456851
because most countries are betting on crypto nowadays, dollar and stables are literally the less used currencies where I live (third world fag but you get the idea)
We often buy a lot of shitcoins and alts to pay our bills and stuff, for me it's always VINU since it's the most exploitable dogcoin I know, saved my butt thrice

>>54457296
because if you use something other then bottlecaps they'll crush your head with a rock. so if you're going to dump the bottlecap system you need some allies who are also all going to dump bottlecaps at the same time. safety in numbers.

>>54457315
Problem is even shitholes have nukes now
Inb4
>Le nukes aren't real
We're about to find out in 2 more weeks. Either the dollar becomes a relic or someone starts firing

I'm starting to believe now that a BRICS vs. NATO world war is all-but inevitable at this point. Asian currencies are pumping right now (China, Singapore, Hong Kong) but American and Japanese currencies are dumping. Today will be a bloodbath economically.

>>54457353
who is fighting this war on natos side? not me, not you, not "the left"

>>54457368
Retards will reply Le drones, which implies 6 gorillion Chinks won't also have drones

>>54456851
because we don't have a legitimate government
https://www.bitchute.com/video/aXekJRez6DoT/

>>54457368
When things get dire enough and food insecurity becomes an absolute shared global daily reality for all but the ultra rich, that'll be when the soldiers sign up to fight (for food rations). That's usually is how it has worked in the past, it seems to me anyway. Russians in ww2, germans and japs too,

>>54456851
>Why are countries moving away from using the dollar?
Because US made the dollar the world currency and after recent events they totally froze Russia from using the USD they had as reserves. People pay attention to that, it's not much of a "reserve" if it can be frozen at will by the issuer. US sanctions and currency war is showing a lot of countries it might be safer not to ever be in that situation.

>>54457209
That is the funniest fcking cover holy shit

Also on the topic of war. How many Chinese in America? How many Americans in china?

>>54457353
NAFO is just the US
Who the fuck else in the so called alliance has military capabilities? Definitely not faggot goy slave Europeans

So what sort of world war are you proposing here?
You think the same cucked goy cattle will suddenly 360 and put on military uniforms?
The war is already over
No contest
The west already lost when Jewish boomers threw away their future stability for shekels today
Whoops? Who knew that poisoning and retarding your population would lead to destruction
Oh well, time to try for the 110th time, surely those pranksters will get it right THIS time

>>54457315
>so if you're going to dump the bottlecap system you need some allies who are also all going to dump bottlecaps at the same time. safety in numbers.

>>54457406
Yeah bro those niggers will surely sign up to go fight for uncle Sam when the EBT runs out

Or the most likely scenario is that most people would just burn down the US and start looting because
>IM HUNGRY TODAY NIGGA

Really didn't think this one through did ya shekelstein

>>54457406
in ww2 they could still larp that they were fighting a just war that they never started against an enemy that was pure evil. wasn't true, but back then they could sell it. and convince decent men to put real effort into it for ideological reasons. your food argument has merit but i don't think food alone will get people to the level of willing to fight a world war. if your soldiers are just there to do the bare minimum to collect their rations you're going to have an army about as loyal as the iraqi army that fled the moment the us attacked it.

>>54456851
Because the USA weaponized It when they took all the money Russia had in western banks after kicking them out of SWIFT.
This act spooked many countries including Saudi Arabia who had all their money earned from their oil trade in western banks, so they feared that something similar could happen to them. This is why they opened the Pandoras box of currency diversification with China, Russia and BRICS, which has set an example for other countries that It's possible to get away from the dollar and the risk of having your money taken away from you by the USA if you some day do something they don't like.

>>54457507

Biden must really scare the Saudis.

They got away with having zero issues after 9/11 but they're sweating now?

The USA is a tranny country run by election-stealing 80 IQ silverspoon retards and disgusting leftists, the entire eastern and western seaboards need to be nuked.

>>54457518
They're not "scared"
They're just confused when they're with talks with Americans asking about the state of dollars and economy their reply is some fag trying to suck them off

Americans and their administration are mentally ill
Would you do business with a hobo on the street who is ranting and raving and has aids?

>>54457522

US government sees a lot of churn and is actually beholden to elections even if you don't believe it.

I find it funny that the people that post this kind of dumb shit are more charitable to literal autocracies like Saudi Arabia, China, and Russia where you get insane madmen at the helm who after a certain point are beholden to no one.

If you actually care (you don't), watch for 6 minutes, and read both pic related and the below text.
https://www.youtube.com/watch?v=iFDe5kUUyT0&t=1102s
Fiat currency is a method through which jews extract wealth from subservient goyim imperceptibly. They do this by devaluing the currency they force the simple goy to use, while getting first dibs any time the money printers turn on to inflate the supply of fiat currency. The net result is a scarcely perceptible form of slavery where the slave believes themselves free, unable to grasp the economic levers pulled around him to guide him onto a treadmill that he must forever walk down, because each day his "money" buys him less and requires more of him to acquire.

Other countries are tired of allowing the United States to inflate the value of ink and paper and forcing them all to acquire portions of those papers so as to acquire items of real value, one famous such example being the petrodollar where other countries were forced to hold reserves of united states federal reserve notes if they wanted to acquire oil, since oil producing countries would (due to US influence) require the exchange be made for united states federal reserve notes.

TLDR: The jews dug too greedily and too deep.

>>54457518
It was seeing how the USA took the money, yachts & football clubs from Russian oligarchs just because they were Russian what really spooked the Saudis, since they have a shit ton of money invested in the west that could be taken away someday because your country doesn't accept gay marriage and mutilating kids

>>54457560
>believes elections are real
the means and the motive to rig elections exist and we're always given a choice between two puppets and nothing ever changes, figure it out buddy, it's fake. why would it be real?

insane madmen at the helm? well maybe i'd say at least they know who is at the helm. who is really behind the puppet politicians in the west? maybe some world economic forum/davos elite of megacorporate types and government insiders or maybe its literally aliens we have no clue.

>>54457522
Fuck you redneck for cutting taxes to the rich and making the world suffer. Blame whoever the fuck you want, we aren't putting up with your nazi bullshit anymore.

>Russia under embargo from all of NATO+
>Why are they doing so much business in Chinese Yuan?

You're hearing about it because of combined Russian and Chinese psy-ops to spin this as Russia's economy not being taken over by the Chinese.

The American society is turning into something unpredictable

- From WASP to a Christian society with a lot of Catholoics.. and now LGBT, woke (it's a religion), Islam and all kind of cults rising

- Migration is out of control

- A lot of people on drugs, social media

- People vote for more entitlement and the genuine workforce is shrinking

The reasons you would choose the US over China are still abundant but the number of reasons is shrinking

>>54457560
>the people who caused the war in ukraine so that joe biden could get his son a job making millions of dollars in slush money would NEVER steal an election
You should kill yourself, you are the kind of 103 IQ midwit dipshit overeducated underthinking mongoloid that has ruined this country. Pretentious redditor filth.

>>54457631
Seems like they're doing business with a lot of different countries
Maybe uh LGBT+ and allies aren't as influencial as you think?