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To: BusterDog
So we're seeing the end of the dollar of THE reserve currency.

So who is gaining by this demolition?

7 posted on 06/17/2022 8:27:46 AM PDT by Tench_Coxe
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To: Tench_Coxe

“So who is gaining by this demolition?”

*****

They get to cancel their debts, keep their assets, and institute a digital currency that they can completely control.

They will monitor how much beef you buy with your digital currency, cut you off at a certain amount, stuff like that.


13 posted on 06/17/2022 8:32:05 AM PDT by BusterDog
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To: Tench_Coxe

“So who is gaining by this demolition?”

BRICS.

But the economic turmoil may burn the world down.


28 posted on 06/17/2022 8:39:10 AM PDT by Mariner (War Criminal #18)
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To: Tench_Coxe

“So we’re seeing the end of the dollar of THE reserve currency“

Apparently what happens next is not pretty. All the trillions of dollars get sold off to US interests (no one else buys them) then find their way back to US soil and inflation goes boom. It might be a gradual proces, or catastrophic. Much is unknown.

I’m suspecting this is already happening. But slo Joe is trying to hide behind Putin.


110 posted on 06/17/2022 10:12:35 AM PDT by ReaganGeneration2
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To: Tench_Coxe

The usual suspects: China, Russia, Iran, Venezuela, maybe North Korea, and the rest of the sycophants nations that run in that circle. OPEC countries may move to the Chinese yuan as we throw them under the bus for their human rights issues.
Actions like the Washington DC council renaming the street in front of the Saudi consulate after Jamal Khashoggi is not a way to impress and keep friends or a working relationship.


126 posted on 06/17/2022 10:59:31 AM PDT by Liaison (TANSTAAFL)
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To: Tench_Coxe

I’ve been posting about this in connection with our Ukraine proxy war. The people who can’t get their minds out of the Cold War didn’t want to hear it. People have no idea how bad this will be, but it is deserved. We have managed the Dollar and foreign relations irresponsibly. I don’t know if Powell has the intelligence and courage to pull the Dollar back from the brink. The Euro is already a dead currency walking and the Yen isn’t far behind. The Ruble, on the other hand, thanks to Dementia Joe and the neocons, is stronger than ever.


138 posted on 06/17/2022 12:04:33 PM PDT by achilles2000 ("I'll agree to save the whales as long as we can deport the liberals")
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To: Tench_Coxe

“So who is gaining by this demolition?”

1. Anti-Capitalists, who infest the US government.

2. WEF, and other Central Planning Control Freak types.

3. Anyone who HATES Freedom. Like those with a D in their party.

4. China.


150 posted on 06/17/2022 1:22:46 PM PDT by Basket_of_Deplorables (Putin is behaving rationally.The war is on Biden and Obama. )
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