Posted by henry888 > 2022-12-19 07:09 | Report Abuse

To reaps the benefits of the above-mentioned status, US must keep her currency stronger than any other currencies at any time and so is the excessive printing of the US dollars without commensurable placements of tangibles.

Posted by speakup > 2022-12-19 11:09 | Report Abuse

US has turned into an evil empire

Posted by Musang King > 2022-12-19 16:47 | Report Abuse

BECAUSE OF PRIDE, EGO AND THE HEGEMONIC CHARACTERISTICS OF THE US, USD MUST STAY STRONG. BUT UNTIL A TIME, USA GOES BANKRUPT HAVING NO MONEY TO PAY ALL THEIR CREDITORS WHO BOUGHT THEIR TREASURY BILLS, USA HAS TO LET GO. USD WAS NOT BACK BY GOLD SINCE 1971 AND THEY WANTED SAUDI OIL TO BACK THE USD SINCE. BUT RECENTLY, SAUDI ARABIA SEEMS MOVING AWAY FROM THE US CONTROL. THERE COMES A TIME FOR A CHANGE. AT PRESENT, ALL CURRENCIES IN THE WORLD ARE USING FIAT CURRENCIES WITH ONLY THE GOVT STRENGTH AS THEIR TRUST AND BACKINGS. BUT WHEN USA INFLUENCES GO DOWNWARDS, USD WILL LOSE ITS STRENGTH IN DUE COURSE. THOSE COUNTRIES THAT USE GOLD RESERVE AS THEIR CURRENCIES BACKING WILL PERFORM BETTER IN THE FUTURE. FIAT CURRENCIES WILL SLOWLY GO DOWN THE DRAINS AS USELESS CURRENCIES UNLESS THEIR OWN COUNTRIES POSSESS STRONG GOLD RESERVES IN THEIR TREASURY.

Posted by Musang King > 2022-12-19 17:00 | Report Abuse

CURRENTLY USA IS PRACTICING A VERY BAISED MONETARY POLICY. THEY USE TO PRINT NEW CURRENCIES WHENEVER THEY WANT TO RESOLVE THEIR OWN FINANCIAL CRISIS SUCH AS FINANCIAL CRISIS 2007-2009, COVID-19 PANDEMIC AND THE CURRENT INFLATION.

Posted by Musang King > 2022-12-19 17:03 |

Post removed.Why?

Posted by speakup > 2022-12-19 22:48 | Report Abuse

ever since the collapse of the Soviet Union, the US has turned from being the good guy to the bad guy.
Sad!

Posted by vespa > 2022-12-22 17:41 | Report Abuse

KYY - the mouth piece of Beijing