Moneyflow towards the Dollar

[WillyAp]

It won't last long, US being the engine of the world would not last long, the US dollar is already losing its relevance. Other country are beginning to abandon it as their currency of exchange.

You don't get it do you?
The world's money, 30% flows into the US, a failed state if one listens to you.I don't live there, nor do I wish to do so.   
What drives your US dislikes, or the dislike towards its system.

Capital rides into the US even with troublesome mechanisms like CDO and CMOs as parts of the economic engine. The US Economy is built upon credit. That moves the economy.  Money flows into the US due to safety concerns, due to their fund being secured, a safer bet as BRICS so to say.  If China is so good capital, it would go there. 

[pooya87]

That moves the economy.  Money flows into the US due to safety concerns

If you follow the money you'd realize that's not true at all.

Money goes into hard assets like gold for security not another country. Specially at this time when the global tensions are rising and it's everyone for themselves.
Money goes into US for profit and profit only.

Interestingly enough the majority of the money that flew into US came from Europe (about 70% of it). The same Europe that started going through deindustrialization thanks to the war between US and Russia in the past 2+ years. More interesting is that it got even faster after US blew up the Nord Stream pipeline.
You may like to know that according to US department of commerce official data the largest increase of "foreign direct investment" came from Germany (the main beneficiary of Nord Stream) and UK.

All exactly for profit... the same money went elsewhere for profit as well... India and China

[stompix]

The US dollars is becoming a joke and so is their economy, the dollar isn't the strongest currency anymore as other currency are having more strength than the dollars but because the US is still the dominating country that's what is giving the dollar relevance.

Outrageous claims need some proof
So, to what currency is the USD losing power you can see in my previous message:

So let's see the last 10 years:
BRL to USD Chart -59.55% (10Y)
INR to USD Chart -27.99% (10Y)
RUB to USD Chart -62.17% (10Y)
CNY to USD Chart -14.29% (10Y)
ZAR to USD Chart -40.74% (10Y)

Much Brics currency, much devaluation, such garbage currency, wow!

it is absolutely raping every other currency on the market, especially those of Brics!
But if you're so sure everyone is dropping the USD, why not take part in my experiment:

In what currency other than the USD you know the price of Bitcoin by heart?

Oh, btw, the result is that nobody knows the price of BTC in anything else than USD, some even don't know it by heart in their local currency!

[WillyAp]

If you follow the money you'd realize that's not true at all.

Money goes into hard assets like gold for security not another country. Specially at this time when the global tensions are rising and it's everyone for themselves. Money goes into US for profit and profit only.

There is no black and white in any parts of the any society. Bipolar views are hardly ever accurate.

One third of all Investments end up in the US, more than 13 years ago when BRIC was born,

I suggest you read the Bloomberg Article on money-flow first and how a 3rd ended up in the US, https://archive.is/zg0XG

[WillyAp]

The 24 hour trading brings even more pressure on.

Interactive Brokers introduced overnight trading of US shares in 2022 because of demand from investors in Europe and Asia, according to Steve Sanders, executive vice president of marketing and product development. With about 85% of the firm’s new client applications coming from abroad, it has now ramped up its offering to more than 10,000 stocks and ETFs. The number of overnight trades in those securities has grown 308% this year through June and now represents about 2.2% of Interactive Brokers’ overall volume in US shares.

https://archive.is/rma35

Money people like to spread, Europe is under pressure due to the war.
Parts of European, Asian money ends up in those stock trades mentioned in the article.

[trendcoin]

...

When I try to make an objective observation, I think the US has some advantages and disadvantages.

They still get brain drain from all over the world. If they don't surrender America to the anti-immigration policies of the republicans and if they manage to have a truly democratic identity, their potential can extend their life for a few more centuries...

On the other hand, they are running for president with two candidates, one crazy and one senile. They haven't had a charismatic leader since Roosevelt. For me this is the biggest proof that they are in decline. Also, their fleeing from Afghanistan and their decreasing support for the terrorist organization PKK in Syria is also an important proof for me. Their influence in the world is weakening. So the dollar - which is purely fiat money - will also weaken...

[stompix]

On the other hand, they are running for president with two candidates, one crazy and one senile. They haven't had a charismatic leader since Roosevelt.

Roosevelt? And how charismatic was Roosevelt? 
How many interviews with him have you seen, like for real?
Kennedy?  Carter? Reagan? Clinton?

So the dollar - which is purely fiat money - will also weaken...

Weird, if the dollar is tweaking why is it gaining against every single damn BRICS currency then?
Do I have to post this every single reply ?
https://bitcointalk.org/index.php?topic=5500110.msg64246711#msg64246711

[pooya87]

...

When I try to make an objective observation, I think the US has some advantages and disadvantages.

They still get brain drain from all over the world. If they don't surrender America to the anti-immigration policies of the republicans and if they manage to have a truly democratic identity, their potential can extend their life for a few more centuries...

On the other hand, they are running for president with two candidates, one crazy and one senile. They haven't had a charismatic leader since Roosevelt. For me this is the biggest proof that they are in decline. Also, their fleeing from Afghanistan and their decreasing support for the terrorist organization PKK in Syria is also an important proof for me. Their influence in the world is weakening. So the dollar - which is purely fiat money - will also weaken...

Exactly. United States of America has a lot of advantages, it is a vast nation with a lot of resources and a big economy. One of the biggest problems is that the US regime has created a lot of expenses, useless expenses, that they can not cover. So they had to turn their economy into a Ponzi scheme to cover all those costs; which is the disadvantage.

Look at the most recent news from Africa for example. They were kicked out of Niger and yet they don't want to go back home (cut the extra expenses). Instead they want to spend billions of dollar to create new bases elsewhere and stay there in Côte d'Ivoire (Ivory coast) and Benin! Billions of dollars they don't have. An additional expense for an economy that can not even cover the existing expenses for a nation that is up to its neck in debt.

I don't think the problem is these two idiots the 350 million Americans are being forced to choose between. The problem is the whole system that is corrupt and broken which doesn't even allow someone who is capable of change to enter the system and climb the political ladder.
So they'll keep going down this path until dissolution.

Funny thing is that the solution is simple as well: stop the war against the rest of the world!

What's even funnier is that US military can not go to any serious wars anymore because of how messed up US economy is!
I was just listening to the former chief of staff to United States Secretary of State col. Wilkerson describe how that is impossible. They'll simply run out of all ammunition in a very short time and won't be able to produce any more because almost everything they have or their components are manufactured elsewhere. For example the electronics (chips and stuff) they need in a precision strike missiles is manufactured in places like China and Taiwan and in any war that supply chain will be cut off completely LOL

They won't be able to manufacture these things domestically either because to build factories and production lines and to train people who can manufacture these things takes a lot of time and worse of all the final product is going to cost a shitton of money.
What are they going to do, end up with a simple air-to-air missile that costs $100 million each?
Things they manufacture with imported cheap components are already ultra expensive like the useless SM2 to SM6 ABMs garbage Lockheed Martin produces for the Department of Defense that cost between $2 to $6 million each and are incapable of intercepting the cheap-ass BMs launched at them on a daily basis in the Red Sea each worth barely a grand!

[stompix]

What's even funnier is that US military can not go to any serious wars anymore because of how messed up US economy is!

Meanwhile in Iran:
https://www.middleeasteye.net/news/iran-warship-sinks-days-after-capsizing

The Iranian navy frigate Sahand sank on Tuesday in shallow waters in the southern port of Bandar Abbas, days after it had initially capsized, according to Iran's Nour News agency. On Sunday, the Irna state news agency said the 311-foot-long frigate "lost its balance" after water had leaked into its tanks while undergoing repairs.  Efforts had been made to rebalance the vessel, but it sank two days later.
"The Sahand warship, which was rebalanced on the water with great difficulty on Monday, has now sunk after the rope holding the ship broke," said Nour News, which is affiliated with Iran's supreme national security council.
The ship was first launched in 2018, and is equipped with a flight deck for helicopters, surface-to-surface missiles, surface-to-air missiles, anti-aircraft batteries and radar and radar-evading capabilities.

Their newest frigate capsized then when they tried to tow it they managed to sunk it for good.
Funny enough, it carried the same name as the frigate that was destroyed in the shortest marine war of all time when the US navy annihilated half of Iran navy in an hour!

But yeah, America bad!

Why was your beloved president flying an American helicopter from the 50's? 

[WillyAp]

I don't think the problem is these two idiots the 350 million Americans are being forced to choose between. The problem is the whole system that is corrupt and broken which doesn't even allow someone who is capable of change to enter the system and climb the political ladder.
So they'll keep going down this path until dissolution.

Funny thing is that the solution is simple as well: stop the war against the rest of the world!

What's even funnier is that US military can not go to any serious wars anymore because of how messed up US economy is!

Ridiculous the argument is.
The economy has little to do with military might. Those forces don't just order when employed, they use their material first.

From the article https://archive.is/zg0XG  so we can get into the money flow into the US phenomenon:

For all the angst over the dollar’s dominance, a run-up in US interest rates to the highest levels in decades proved a major draw for overseas investors. The US has also pulled in a fresh wave of foreign direct investment (FDI) thanks to billions of dollars worth of incentives under President Joe Biden’s initiatives to spur renewable energy and semiconductor production.

Investors of that magnitud are all for safety, likely the people who have money prefer their part in the US.
The US mobs up more investment so the article goes. Despite BRICS.

The biggest difference is that I can shop almost anywhere with a $. BRICS is miles away to bind in their own people.

 

[pooya87]

The economy has little to do with military might. Those forces don't just order when employed, they use their material first.

Economy has everything to do with military strength or weakness and I already explained why with reference.

Those troops also don't run on hot air or empty words like some capital is coming to America because interest rate is high and they want short lived profit. Specially for such an unreasonably expensive military.

You think keeping the US dollar artificially strong is a good thing but it is quite the opposite. It is the worst thing US government could have done. To put simply and keep it short, it is the reason why US has such a gigantic trade deficit that gets bigger every day that interest rates remain high.

Otherwise attracting money because you pay high interest rates is nothing to be proud of because the government is now printing a trillion dollar every 100 days to pay that interest.

[WillyAp]

You think keeping the US dollar artificially strong is a good thing but it is quite the opposite. It is the worst thing US government could have done. To put simply and keep it short, it is the reason why US has such a gigantic trade deficit that gets bigger every day that interest rates remain high.

There you are wrong.
My thinking has little impact on what the Thread is about.
Money flows into the US. That is a Statistic and is measured, counted if you will.
There is no artificial enhancement in place. 

The dollar is used by 11 countries. The US has the strongest buyer community there is, followed by the EU, that is the reason why so many people wish to sell their good there. BRICS is without buyer base if they'd try to exclude EU / USA buyers. 

[pooya87]

The US has the strongest buyer community there is, followed by the EU, that is the reason why so many people wish to sell their good there. BRICS is without buyer base if they'd try to exclude EU / USA buyers. 

Not really. For example China's import and export value to ASEAN is higher than their import and export to both USA and EU.
http://english.customs.gov.cn/Statics/33c8365f-2900-47ef-b09e-340fded9f156.html

Or Brazil's exports to China is about 3 times higher than their exports to US (51% of their exports is to Asia, 30% to America, 16% to Europe).
https://id.tradingeconomics.com/brazil/exports-by-country,exports-by-country

With the World Order changing, and with the establishment of multiple economic blocs and "cooperation" like BRICS, SCO, ASEAN, etc. there is a lot of emerging economies and this situation is going to change a lot more. In 5 to 10 years we could see the numbers above shift significantly. For example trades with ASEAN could be 10 times higher compared to trade with US and EU.

P.S. If Trump wins and starts his radical "Tariff War" this will change quickly and the "buyer base" you are talking about will be cut off from the world economy.

[trendcoin]

...

So the dollar - which is purely fiat money - will also weaken...

Weird, if the dollar is tweaking why is it gaining against every single damn BRICS currency then?
Do I have to post this every single reply ?
https://bitcointalk.org/index.php?topic=5500110.msg64246711#msg64246711

- The US has the highest foreign debt.
- All countries worldwide hoard gold in their central banks instead of dollars.
- The petrodollar system is also giving way to the Yuan market in China.

Today it looks like you have good statistics, but in the near future nobody will have to hoard dollars and when the US prints more dollars to pay its foreign debt the statistics will show us what the truth is.

On the other hand, they are running for president with two candidates, one crazy and one senile. They haven't had a charismatic leader since Roosevelt.

Roosevelt? And how charismatic was Roosevelt?  ;D
How many interviews with him have you seen, like for real?
Kennedy?  Carter? Reagan? Clinton?
...

I did not sit and drink tea with dinosaurs, but I know a lot about them. Anyway, I don't want to undermine the subject. First of all, I want to say that I am not an anti-American or a super-American and I think I have an objective assessment. I will summarize it for you one more time and at the end I will pose a question to you.

- After the collapse of the Bretton Woods system, the petro-dollar system is coming to an end. Example: MBS (https://metalsedge.com/the-prince-of-saudi-arabia-decides-not-to-renew-the-petrodollar-agreement/).

- The US is fleeing from its colonial territories. Example: Afghanistan (https://en.wikipedia.org/wiki/2020%E2%80%932021_U.S._troop_withdrawal_from_Afghanistan).

- The US is still a center of attraction thanks to the Hollywood effect, so it has brain drain, but the rising fascist movements with Trump's populist policies may end this potential.

Now I would like to ask you, if there was a coin with a fundamental analysis like this, would you buy it?

[stompix]

Today it looks like you have good statistics, but in the near future nobody will have to hoard dollars and when the US prints more dollars to pay its foreign debt the statistics will show us what the truth is.

So what you say is the USD is basically trashing every single BRICS currency right now but things will change because...you hate the USD!
Got it!

I did not sit and drink tea with dinosaurs, but I know a lot about them.

Can you tell me the favorite book of Aachenosaurus and the favorite tv show of Bambiraptor? Hint it's not Bambi!

After the collapse of the Bretton Woods system, the petro-dollar system is coming to an end. Example: MBS (https://metalsedge.com/the-prince-of-saudi-arabia-decides-not-to-renew-the-petrodollar-agreement/).

Yeah, you're forgetting one thing again.
The Saudi riyal is pegged to the USD! So trading in riyal is the same as trading in USD!

- The US is fleeing from its colonial territories. Example: Afghanistan (https://en.wikipedia.org/wiki/2020%E2%80%932021_U.S._troop_withdrawal_from_Afghanistan).

Fleeing its colonies? Seriously, what the fuck are you smoking?
Afghanistan was a colony, did they conquer that from the USSR or what?  
Bruh, the US returned control of the Panama Canal in 1979!!!! And you talk to be about colonies!

The US is still a center of attraction thanks to the Hollywood effect

Exactly 60 000 Chinese citizens cross the world and then try to sneak in via the worst region in the world in terms of survival because...Hollywood!
https://www.csmonitor.com/USA/2024/0521/chinese-migrants-why-border-crossing

And you say you're not biased!!!!! Not even an ounce!

[trendcoin]

Today it looks like you have good statistics, but in the near future nobody will have to hoard dollars and when the US prints more dollars to pay its foreign debt the statistics will show us what the truth is.

So what you say is the USD is basically trashing every single BRICS currency right now but things will change because...you hate the USD!
Got it!

I did not sit and drink tea with dinosaurs, but I know a lot about them.

Can you tell me the favorite book of Aachenosaurus and the favorite tv show of Bambiraptor? Hint it's not Bambi!
...

Trying to shift the meaning by evaluating a part of the message instead of evaluating the whole message is the kind of thing sophists would do. 2500 years ago when the sophists took over the streets of Athens in numbers they brought out Socrates (Sophists have also contributed to human history)...

You chose to use sarcasm in response to my arguments because you know best that you cannot win if you don't take the discussion into a personal space...


1- All countries in the world stocked dollars in their central banks for a while because the dollar was indexed to gold. When the dollar and gold index broke, the petro-dollar system came into play, but today the petro-dollar system is also collapsing. In other words, central banks will not stockpile dollars, meaning that the dollar in circulation will increase, meaning that real inflation data for the US dollar will start to emerge.

2- The US has the highest foreign debt in the world. Read point 1 again. If nobody has to hoard their money in the central bank, the US will have to print more dollars to pay its foreign debt. That's when real inflation data will start to emerge for the US.

3- The US military is no longer the world's policeman. They fled Afghanistan. They cannot feed the PKK terrorist organization in Syria. They are getting unsuccessful results all over the world.

I am using logical arguments instead of getting into a personal debate with you and I hope you will do the same because I am not a fixed-minded person. If you give me logical rational arguments, I may change my mind.


In conclusion, I would like to add that if I had such a coin in front of me, I would never invest in it... Thank you and I wish you a good day...

[WillyAp]

1- All countries in the world stocked dollars in their central banks for a while because the dollar was indexed to gold. When the dollar and gold index broke, the petro-dollar system came into play, but today the petro-dollar system is also collapsing. In other words, central banks will not stockpile dollars, meaning that the dollar in circulation will increase, meaning that real inflation data for the US dollar will start to emerge.

I am using logical arguments instead of getting into a personal debate with you and I hope you will do the same because I am not a fixed-minded person. If you give me logical rational arguments, I may change my mind.

you don't use logic at all.
In logic happens when emotions drop off.
Your definition of the petro dollar is way off:

   

• Petrodollars are U.S. dollars paid to an oil-exporting country.
• Petrodollars are the primary source of revenue for many OPEC members and other oil exporters.
• Oil exporters settle sales in U.S. dollars because the dollar is the most widely used currency, making it easier for them to invest export proceeds.
• Some crude exporters implicated in human rights violations have suggested they may accept payment in other currencies.

Source:  https://www.investopedia.com/terms/p/petrodollars.asp

I would never invest in it... Thank you and I wish you a good day...

People and institutions investing in the US are not visiting bitcointalk.org. Their sons maybe.
Still they are from a different legue.  

[stompix]

1- All countries in the world stocked dollars in their central banks for a while because the dollar was indexed to gold. When the dollar and gold index broke, the petro-dollar system came into play, but today the petro-dollar system is also collapsing.

Asumtion with no basis.
Besides, Apple sells more iPhones and Nvidia more video cards a year than all the oil sold by Saudi Arabia so...

2- The US has the highest foreign debt in the world. Read point 1 again.

The US has a debt in dollars. China has a debt in dollars! See the problem?
Besides, in relevance to GDP, the US has a way lower debt than China, because China fakes its inner government debt when talking about it:
https://asia.nikkei.com/Spotlight/Caixin/China-s-debt-to-GDP-ratio-climbs-to-record-287.8-in-2023

That's when real inflation data will start to emerge for the US.

Oh yeah, so why is inflation going down? And why is inflation higher in Brics Countries?

3- The US military is no longer the world's policeman. They fled Afghanistan.

The US retreated from Afghanistan as it was anestablished plan 7 years before.
The retreat was planned from 2011:
https://www.nytimes.com/2011/06/23/world/asia/23prexy.html
The US trashed the Taliban in 4 days and destroyed Saddam in 28 days, Russia can't move faster than a snail in Ukraine!
The only ones that fled Afghanistan were the USSR!

They are getting unsuccessful results all over the world.

I have some news from you:
https://www.voanews.com/a/us-aircraft-carrier-arrives-in-vietnam-/7151970.html
https://www.army.mil/article/275612/us_and_philippine_armies_pursue_joint_force_communications
https://ipdefenseforum.com/2024/05/indonesian-u-s-military-leaders-deepen-security-cooperation/

But if you only regurgitate RT propaganda, well, who's to blame!

If you give me logical rational arguments, I may change my mind.

When your argument is that The US fled its colony in Afghanistan....what am I supposed to do?
Go read a history book and come back when I call you! It might take a while!

[Cryptoprincess101]

US being the engine of the world would not last long, the US dollar is already losing its relevance. Other country are beginning to abandon it as their currency of exchange. Without the US mingling in the affair of other countries and having a leverage, they would not have being the world power by now. Money doesn't flow towards the dollars technically but it flow towards the dominant currency which currently it's the US dollars but as I said it wouldn't last long. The US dollars is becoming a joke and so is their economy, the dollar isn't the strongest currency anymore as other currency are having more strength than the dollars but because the US is still the dominating country that's what is giving the dollar relevance.

I don't think the USD is losing relevance but just that some countries are trying to move away from using the USD as their reserves due to reasons best known to them while some countries are doing so due to the fact that the United States have placed sanctions on some countries from trading with the United States dollars. United States of America becoming the world power was due to their influence in the world economy and even till date they still maintain the world leading nation in economy according to the Forbes and even China that is rising very fast in their economy is no where close to USA.
            Talking about United States mingling in the affairs of other countries that is basically because they are the world power and have the liberty to interfere in the affairs of other nations because those are some of the things that makes them superior to others. The United States dollars will continue to gain relevance in the international trade exchange market no matter how many countries decides to dump the dollars as their reserve currency but if any other currency will overcome the dollars they must first of all surpass the United States of America in terms of their economy and for now there's no country. As days goes by that's how the US is increasing in their intelligence and technology and these are the reasons why their economy keeps blooming.

[trendcoin]

1- All countries in the world stocked dollars in their central banks for a while because the dollar was indexed to gold. When the dollar and gold index broke, the petro-dollar system came into play, but today the petro-dollar system is also collapsing.

Asumtion with no basis.
Besides, Apple sells more iPhones and Nvidia more video cards a year than all the oil sold by Saudi Arabia so...
...

I am an objective person, so I can accept that Nvidia and even Intel and Amd are giant technology companies that are positive indicators for the US, but we know that when the US and the West imposed sanctions on Russia, they had to withdraw their sanctions on Venezuela. Also, I would like to add that until a few years ago they were leveling a lot of accusations against Maduro and putting a price on his head. I hope they don't sanction the Saudis because Iran will never sell them oil. :)))

...

3- The US military is no longer the world's policeman. They fled Afghanistan.

The US retreated from Afghanistan as it was anestablished plan 7 years before.
The retreat was planned from 2011:
https://www.nytimes.com/2011/06/23/world/asia/23prexy.html
The US trashed the Taliban in 4 days and destroyed Saddam in 28 days, Russia can't move faster than a snail in Ukraine!
The only ones that fled Afghanistan were the USSR!
...

If the US destroyed the Taliban in 4 days, why did it stay there for 20 years instead of leaving on the 5th day? If bombing a city gave the best result to the invading side, Russia would have ended this war in 1 day. Russia has nuclear missiles with Super Sonic warheads.

The US invaded Afghanistan and tried to make Afghan children wear American T-shirts in Afghanistan. According to the US plans, it would be the Afghan children wearing American T-shirts who would cause unrest between India, China and Russia, but the Afghan children refused to wear American T-shirts even at the risk of dying. Therefore there was a planned retreat...

...

They are getting unsuccessful results all over the world.

I have some news from you:
https://www.voanews.com/a/us-aircraft-carrier-arrives-in-vietnam-/7151970.html
https://www.army.mil/article/275612/us_and_philippine_armies_pursue_joint_force_communications
https://ipdefenseforum.com/2024/05/indonesian-u-s-military-leaders-deepen-security-cooperation/

But if you only regurgitate RT propaganda, well, who's to blame!
...

Former American soldier:

"Bing" West Jr. (born May 2, 1940) is an American author, Marine combat veteran and former Assistant Secretary of Defense for International Security Affairs during the Reagan Administration.

https://en.wikipedia.org/wiki/Bing_West

Policy, strategy, and popular opinion have all played a part in U.S. failures
America is the most powerful country in the history of the world, yet it has not won any of the three major wars it has fought over the past half century. This has not been due to a lack of effort and persistence. Our troops fought in Vietnam for nine years and in Iraq for a dozen. We’re still fighting after 20 years in Afghanistan, where our generals are asking the Taliban to stop attacking. That’s not a sign of success; the victor does not make such requests. The fact is that in Vietnam, Iraq, and Afghanistan, America has failed in its mission to develop and sustain democracies.

https://www.nationalreview.com/magazine/2021/03/08/three-wars-no-victory-why/

If we are torn between these two interpretations, we all know who has the more valid interpretation.

...

If you give me logical rational arguments, I may change my mind.

When your argument is that The US fled its colony in Afghanistan....what am I supposed to do?
Go read a history book and come back when I call you! It might take a while!

I tried to be as polite to you as possible, but you were as rude as all the other examples of your kind I've encountered on the internet. Your dream of being a role model for the world is as invalid as your dream of being the world's gendarme.