Real World Event Discussions

The death of the dollar?

POSTED BY: SIGNYM
UPDATED: Sunday, August 23, 2026 15:35
VIEWED: 15891
PAGE 8 of 15

Thursday, November 24, 2022 3:20 AM

Quote:

Originally posted by SIGNYM:
The expanded BRICS (to include Iran and Argentina. Saudi Arabia also wants to join, along with another dozen or so nations https://www.silkroadbriefing.com/news/2022/11/09/the-new-candidate-cou
ntries-for-brics-expansion/and
) are working on a common currency. The dollar may, or may not, increase in value relative to other western currencies but its circulation will diminish.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake




Do a search for silkroadbriefing on Google and tell me what you notice about the first 4 results.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Thursday, November 24, 2022 5:58 AM

Well I pulled up the site itself. It seems very China-centric.

But the fact is that I've heard about the expanded BRICS and their new (potential) common currency from many sources bc of it's recent meeting in China, and plans for a non-dollar common currency

https://markets.businessinsider.com/news/currencies/dollar-dominance-r
ussia-china-rouble-yuan-brics-reserve-currency-imf-2022-6



There are just too many references in too many places for me to doubt the authenticity of the info. I just grabbed the article with the most comprehensive list of BRICS applicants and potential BRICS applicants.

If Saudi Arabia really joins it would certainly weaken the role of the US dollar in the oil trade, and therefore weaken the necessity of keeping USD as a reserve currency.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Thursday, November 24, 2022 10:25 AM

This is what I was referring to...

Hit #1

Silk Road Briefing: Business Intelligence, Legal, Tax ...
https://www.silkroadbriefing.com
7 hours ago — All Silk Road & OBOR related infrastructure and investment development news and commentary from across Eurasia from Dezan Shira & Associates.

Hit #2

Vietnam Briefing: Business, Legal, Tax, Investment ...
https://www.vietnam-briefing.com
12 hours ago — Vietnam Briefing is one of the few available sources for quality legal, tax and investment insights into Vietnam.

Hit #3


ASEAN Briefing: Business, Legal, Tax, Investment, Accounting ...
https://www.aseanbriefing.com
16 hours ago — ASEAN Briefing publishes business news, resources and publications concerning foreign direct investment into ASEAN, including the most important tax, ...

Hit #4

Middle East Briefing: Business, Legal, Tax, Accounting, HR ...
https://www.middleeastbriefing.com
14 hours ago — Asia Briefing · China Briefing · ASEAN Briefing · India Briefing · Vietnam Briefing · Silk Road Briefing · Russia Briefing · Middle East Briefing.


The only time I've seen copy/paste websites like this before are for scam products, which are almost always bought from Alibaba and then packaged under diffrent company names playing wack-a-mole and upselling cheap chinese shit products for 10 times what they actually cost.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Thursday, November 24, 2022 10:31 AM

Quote:

Originally posted by SIGNYM:
Well I pulled up the site itself. It seems very China-centric.

But the fact is that I've heard about the expanded BRICS and their new (potential) common currency from many sources bc of it's recent meeting in China, and plans for a non-dollar common currency

https://markets.businessinsider.com/news/currencies/dollar-dominance-r
ussia-china-rouble-yuan-brics-reserve-currency-imf-2022-6



There are just too many references in too many places for me to doubt the authenticity of the info. I just grabbed the article with the most comprehensive list of BRICS applicants and potential BRICS applicants.

If Saudi Arabia really joins it would certainly weaken the role of the US dollar in the oil trade, and therefore weaken the necessity of keeping USD as a reserve currency.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake




And as for this, I'll say the same thing to you about it that I say to Second when he claims that the American government has no say in prices or has any hand in our current inflation...

In Second's case, why weren't companies raping customers when Trump was President.

In your case, if it were as simple as you make it sound to get the rest of the world or a sizable portion of it off of the USD as the main currency, why haven't they done it before?

I have zero fear that this is a possibility. What these people ARE doing is trying to make Americans and others feel like the Dollar is in trouble and make people lose faith in the Dollar.

And that hurts EVERYBODY if it happens.

Besides... There will be war if somebody attempts it. And I don't mean the dumb bullshit fake war going on in Ukraine right now.

I mean the type of war that would wipe Ukraine off the face of the earth on the very first day.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Thursday, November 24, 2022 12:48 PM

Oh, somebody tried it, and there was a war. Two, in fact.

Why did we invade Iraq? We both know it had nothing to do with WMDs or democracy or freedom or terrorism. So we know what it wasn't about, but what was it FOR?

Well, once Saddam was found to be in substantial compliance with getting rid of his chemical weapons- which he'd done- then oil embatgo would be lifted. And there was a contract all written up with France and ready to be signed, and the deal was oil for Euros and gold.

And we both know that Qaddafi wasn't "massacring his own people" and that Libyans had a much higher standard of living and education than any other nation in Africa, thanks to Libya's oil wealth being used to develop the nation. So waht was THAT all about? Well, it turns out that Qaddafi used a portion of Libya's oil wealth to build a store of gold. He was going to create a gold-based panAfrican currency called the African dinar. And look what happened to him. btw the gold disappeared and nobody knowss who stole it.

The USD has only one thing backing it: bullets.

Our deal with the Saudis, which made the dollar such an essential for the oil trade, went something like this: You only accept dollarz for oil, and use those dollars to buy USTs, and we'll protect you from your enemies. (.And if you don't, we'll bomb the snot out of you)

So what's changed?
Well, perceived USA military weakness.

The Saudis were none too pleased when one of their transfer facilities was struck and damaged a couple of years ago by practically homemade Yemeni drones. Despite having USA air defenses including Patriot missiles and fighter jets.

Then they, and everyone else, saw how the USA stole Russia's foreign reserves and kicked them out of the SWIFT, weaponizing the USD. A weaponized reserve currency is an unreliable reserve currency.

And finally, people do notice that Russia is kicking NATO's ass in Ukraine.

The only thing that will keep the dollar afloat is that too many nations have too many dollars. China has a trillion in USD and UST. Saudi Arabia and Japan and Europe also have a lot of US-denominated reserves, and nobody wants to see that value drop sudenly. But finance ministers ARE looking to get out from under the USAs ass a bit.

-----------
Pity would be no more,
If we did not MAKE someone poor - William Blake

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Thursday, November 24, 2022 7:42 PM

It's even more than that though.

We in America are beneficiaries to the fact that the REAL PTB based their whole empire off of the USD.

Now unless they have a particular gripe against the US that they find so irredeemably egregious that they have no choice but to switch currency, think of the logistics involved in that. TPTB wouldn't want to make a move so drastic and with such unpredictable results unless they knew full well that they had complete control over the outcome from the get go. And as you've illustrated above, any attempt at middle-management "leaders" trying to do so on their own ends up with their cities being turned to rubble.

People the world round can say all they want about the weakness of the US Military, but all that is is talk. Our military dwarfs the rest of the world's military and gets larger and larger cash infusions nearly every single year, and despite that fact it does practically nothing but "exist".

Incidentally... Screw NATO. If it weren't for the fact that it would trigger WWIII, the US Military could invade Russia today and turn Moscow to rubble by the end of the weekend if it were directed to. But TPTB have no interest in owning a world that is on fire.

Also incidentally... I believe this to be the big push against Russia right now when China clearly is the world's largest power guilty of the most egregious crimes against humanity and its own citizenry. Russia is a threat to nobody. But Russia also isn't easily bought off by TPTB like the US Government or fully on board with enslaving its people like China is.

Maybe this is the big push toward digital currency? Maybe this is why we currently have a white house press release hinting at the US switching toward a digital currency instead of cash?

If TPTB created digital currency and weened the world off of the USD and all other international currencies over the course of say, a few decades, they'd have complete control over it, and in turn practically over everyone on the planet. Nobody would be able to fight against it. Every single transaction you ever make will be logged. Do you like eating food? Well then, hop in the machine, Cog, and give thanks to your overlord for allowing you this opportunity. If you ever step out of line you will starve to death. Anybody found guilty of trying to feed, clothe or house somebody cut off from the digital currency will be found guilty of treason.

Hell... they could even make your currency have an expiration date so whatever you don't spend at the end of the month is lost and you can never save for a better future, both ensuring the "consumerism" economy chugs along until the sun explodes and essentially enslaving you to the whims of the system from the moment you're born until the day you die.

That's the only outcome I'm concerned about. Worrying about China and the Middle East making their own little currency to fight the Big Bad Dollar is cute.

--------------------------------------------------

Growing up in a Republic was nice... Shame we couldn't keep it.

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Thursday, November 24, 2022 9:16 PM

Quote:

Originally posted by 6IXSTRINGJACK:
It's even more than that though.

We in America are beneficiaries to the fact that the REAL PTB based their whole empire off of the USD.

Only true to a certain extent. Bill Gates for example has moved gisxwralth into more durable assets: farmland and the Svarlsbaard seed bank. Others have moved their assets into stocks. Others are in the Euro or the yen. USD makes up a large part of reserve currency but something else makes up the other 40-45pct.

Quote:

Now unless they have a particular gripe against the US that they find so irredeemably egregious that they have no choice but to switch currency, think of the logistics involved in that. TPTB wouldn't want to make a move so drastic and with such unpredictable results unless they knew full well that they had complete control over the outcome from the get go. And as you've illustrated above, any attempt at middle-management "leaders" trying to do so on their own ends up with their cities being turned to rubble.

People the world round can say all they want about the weakness of the US Military, but all that is is talk. Our military dwarfs the rest of the world's military and gets larger and larger cash infusions nearly every single year, and despite that fact it does practically nothing but "exist".

Incidentally... Screw NATO. If it weren't for the fact that it would trigger WWIII, the US Military could invade Russia today and turn Moscow to rubble by the end of the weekend if it were directed to. But TPTB have no interest in owning a world that is on fire.

I can't imagine how. The first thing any invading nation does is wipe out the target's air defenses: radar stations, air bases, air fleets, communications, satellites and AWACS-tyoe planes, anti-aircraft batteries. Then they can go to town with command centers, fuel depots, military bases, munitions, etc and, finally, send in the troops.

But Russia has powerful air defenses. And where does the USA launch this attack from?? Yes, we have bases across Europe, but the total number of USA troops in Europe is about 90,000. https://news.yahoo.com/explainer-how-many-american-troops-are-in-europ
e-134927726.html
it would take a lot more than that to invade Russia. And Europe is already scraping the bottom of the barrel in terms of weapons to send to Ukraine.

It took GWB six months to assemble the 500,000 men he thought necessary to invade Iraq. We wouldn't be allowed the time -or the convoys necessary - to invade Russia, since Russia has very capable anti-ship missiles. So unless we're willing to go nuclear, the idea of conquering Moscow is just a dream.

Quote:

Also incidentally... I believe this to be the big push against Russia right now when China clearly is the world's largest power guilty of the most egregious crimes against humanity and its own citizenry. Russia is a threat to nobody. But Russia also isn't easily bought off by TPTB like the US Government or fully on board with enslaving its people like China is.

Maybe this is the big push toward digital currency? Maybe this is why we currently have a white house press release hinting at the US switching toward a digital currency instead of cash?

If TPTB created digital currency and weened the world off of the USD and all other international currencies over the course of say, a few decades, they'd have complete control over it, and in turn practically over everyone on the planet. Nobody would be able to fight against it. Every single transaction you ever make will be logged. Do you like eating food? Well then, hop in the machine, Cog, and give thanks to your overlord for allowing you this opportunity. If you ever step out of line you will starve to death. Anybody found guilty of trying to feed, clothe or house somebody cut off from the digital currency will be found guilty of treason.

Hell... they could even make your currency have an expiration date so whatever you don't spend at t

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Thursday, November 24, 2022 9:17 PM

The dratted dbl

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Thursday, November 24, 2022 9:49 PM

Quote:

Originally posted by SIGNYM:
Quote:

Originally posted by 6IXSTRINGJACK:
It's even more than that though.

We in America are beneficiaries to the fact that the REAL PTB based their whole empire off of the USD.

Only true to a certain extent. Bill Gates for example has moved gisxwralth into more durable assets: farmland and the Svarlsbaard seed bank. Others have moved their assets into stocks. Others are in the Euro or the yen. USD makes up a large part of reserve currency but something else makes up the other 40-45pct.



Yes. But it's still the base, and even amid the current volatility of everything, it's still the most reliable asset to hold onto. This is by design.

In other words, it's not a Bug that the rest of the world is suffering from inflation, recession and financial turmoil at the same time that America is. It's a Feature.

Quote:

Quote:

Now unless they have a particular gripe against the US that they find so irredeemably egregious that they have no choice but to switch currency, think of the logistics involved in that. TPTB wouldn't want to make a move so drastic and with such unpredictable results unless they knew full well that they had complete control over the outcome from the get go. And as you've illustrated above, any attempt at middle-management "leaders" trying to do so on their own ends up with their cities being turned to rubble.

People the world round can say all they want about the weakness of the US Military, but all that is is talk. Our military dwarfs the rest of the world's military and gets larger and larger cash infusions nearly every single year, and despite that fact it does practically nothing but "exist".

Incidentally... Screw NATO. If it weren't for the fact that it would trigger WWIII, the US Military could invade Russia today and turn Moscow to rubble by the end of the weekend if it were directed to. But TPTB have no interest in owning a world that is on fire.

I can't imagine how. The first thing any invading nation does is wipe out the target's air defenses: radar stations, air bases, air fleets, communications, satellites and AWACS-tyoe planes, anti-aircraft batteries. Then they can go to town with command centers, fuel depots, military bases, munitions, etc and, finally, send in the troops.

But Russia has powerful air defenses. And where does the USA launch this attack from?? Yes, we have bases across Europe, but the total number of USA troops in Europe is about 90,000. https://news.yahoo.com/explainer-how-many-american-troops-are-in-europ
e-134927726.html
it would take a lot more than that to invade Russia. And Europe is already scraping the bottom of the barrel in terms of weapons to send to Ukraine.

It took GWB six months to assemble the 500,000 men he thought necessary to invade Iraq. We wouldn't be allowed the time -or the convoys necessary - to invade Russia, since Russia has very capable anti-ship missiles. So unless we're willing to go nuclear, the idea of conquering Moscow is just a dream.



None of these were/are real wars. I mean REAL wars that have large amounts of human casualties on both sides.

Most people living today have not seen the actual might of the US Military. All we've been witness to is theatrics.

Quote:

Quote:

Also incidentally... I believe this to be the big push against Russia right now when China clearly is the world's largest power guilty of the most egregious crimes against humanity and its own citizenry. Russia is a threat to nobody. But Russia also isn't easily bought off by TPTB like the US Government or fully on board with enslaving its people like China is.

Maybe this is the big push toward digital currency? Maybe this is why we currently have a white house press release hinting at the US switching toward a digital currency instead of cash?

If TPTB created digital currency and weened the world off of the USD and all other international currencies ov

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Friday, November 25, 2022 2:42 AM

Quote:

6IXSTRINGJACK:
It's even more than that though.
We in America are beneficiaries to the fact that the REAL PTB based their whole empire off of the USD.

SIGNY: Only true to a certain extent. Bill Gates for example has moved his wealth into more durable assets: farmland and the Svarlsbaard seed bank. Others have moved their assets into stocks. Others are in the Euro or the yen. USD makes up a large part of reserve currency but something else makes up the other 40-45pct.

SIX: Yes. But it's still the base, and even amid the current volatility of everything, it's still the most reliable asset to hold onto. This is by design.

In other words, it's not a Bug that the rest of the world is suffering from inflation, recession and financial turmoil at the same time that America is. It's a Feature.

Now unless they have a particular gripe against the US that they find so irredeemably egregious that they have no choice but to switch currency, think of the logistics involved in that. TPTB wouldn't want to make a move so drastic and with such unpredictable results unless they knew full well that they had complete control over the outcome from the get go. And as you've illustrated above, any attempt at middle-management "leaders" trying to do so on their own ends up with their cities being turned to rubble.

People the world round can say all they want about the weakness of the US Military, but all that is is talk. Our military dwarfs the rest of the world's military and gets larger and larger cash infusions nearly every single year, and despite that fact it does practically nothing but "exist".

Incidentally... Screw NATO. If it weren't for the fact that it would trigger WWIII, the US Military could invade Russia today and turn Moscow to rubble by the end of the weekend if it were directed to. But TPTB have no interest in owning a world that is on fire.

SIGNY: I can't imagine how. The first thing any invading nation does is wipe out the target's air defenses: radar stations, air bases, air fleets, communications, satellites and AWACS-tyoe planes, anti-aircraft batteries. Then they can go to town with command centers, fuel depots, military bases, munitions, etc and, finally, send in the troops.

But Russia has powerful air defenses. And where does the USA launch this attack from?? Yes, we have bases across Europe, but the total number of USA troops in Europe is about 90,000. https://news.yahoo.com/explainer-how-many-american-troops-are-in-europ
e-134927726.html
it would take a lot more than that to invade Russia. And Europe is already scraping the bottom of the barrel in terms of weapons to send to Ukraine.

It took GWB six months to assemble the 500,000 men he thought necessary to invade Iraq. We wouldn't be allowed the time -or the convoys necessary - to invade Russia, since Russia has very capable anti-ship missiles. So unless we're willing to go nuclear, the idea of conquering Moscow is just a dream.

SIX: None of these were/are real wars. I mean REAL wars that have large amounts of human casualties on both sides.

There were massive casualties in Iraq and Libya. To them, they were real wars.

Quote:

SIX: Most people living today have not seen the actual might of the US Military. All we've been witness to is theatrics.

WE haven't seen a real war since the Civil War, since none of the other wars were fought on our soil.

Quote:

SIX: Also incidentally... I believe this to be the big push against Russia right now when China clearly is the world's largest power guilty of the most egregious crimes against humanity and its own citizenry. Russia is a threat to nobody. But Russia also isn't easily bought off by TPTB like the US Government or fully on board with enslaving its people like China is.

Maybe this is the big push toward digital currency? Maybe this is why we currently have a white house press release hinting at the US switching toward a digital currency inste

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