Why can't the world dump US Dollars?

all of the 3rd world use it as reserve, as US power starts dwindling, something else will slowly take its place
probably china's digital currency in a couple of decades

Probably won't be dropped until the U.S falls. That won't happen because everyone falls with the U.S. Enjoy your global economy goyim.

The fact that the US is printing at the same time other centeral banks are printing does not mean that things priced in those currencies will not experience nominal price inflation, or nominal hyper-price inflation.

As far as the rest of the world's response, USD hyperinflation would lead to a global economic collapse as the world's reserves in the form of T-Bills become worthless - and leave space for a new world-reserve currency.

>leave space for a new world-reserve currency
I can only see china filling the void, sadly. Its clear that people will bury their head in the sand over morals/ethics if it means they'll be enriched.

this girl was 16 when this was taken. yikes

I saw this gif years and years ago and thought she was hot. Now that I am Yas Forums and have pumped and dumped my way through a few dozen women, I realize, her ass is actually really mediocre.

Bump for interest and counterpoints

if you wouldn't cream that cooter you're a faggot

>fact that the US is printing at the same time other centeral banks are printing does not mean that things priced in those currencies will not experience nominal price inflation, or nominal hyper-price inflation.

This makes zero sense. If everybody was experiencing inflation, then there is no inflation.

For example I sell food for $1 to Europe and they sell me oil for $1. If we both print more money so we can buy food for $2 and oil for $2, there is no inflation effect. It has canceled out.

Too skinny imo

How is China going to fill that void?

Why hasn't anyone said PetroDollar I thought u tards knew shit about money

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the usd dollar is the only fiat back by something; OPEC oil

this backing is dependent on the us military.
China launching yuan oil futures redeemable in gold is the biggest attack on the USA since the 1970s oil embargos

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post body

BBBBBBBBBBBBBBRRRRRRRRRRRRRRRAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAPPPPPPPPPPPPPPPPPP!!!!!!!!!!!!!!

Because Trump and his fed kikes just proved that modern money theory is right. All that matters is that you have the biggest stick to protect your hamster wheel.

post penis

>Based on perception that we are the least corrupt country with strong rule of law, sound institutions, etc
Yes, foreign financial ministers and multinational companies base their monetary choices on perceptions like how much of a good person the average American is, God bless the USA.

No, they base what currency to use on stability for the most part, which is based on things like how levered are the country's banks, what is their central bank doing, is it printing shitloads of money like it is now, and if so is there a contracting economy and demand for dollars overseas to counteract this inflationary printing?
Also nations and big companies have to look at liquidity and the "credit rating" per se of the currency
If it's fiat like all the national currencies are nowadays then they have to see whether the nation's GDP can handle the interest on the nation's debt that its govt has accumulated
This is the almighty Debt to GDP ratio that the smarter of the libertarians will whinge about

Also in some cases the us military will go around and free the shit out of any country that is severely being a hindrance to its economic interests, the govt will put on sanctions and the CIA might stage coups but that is getting more into conspiracy territory, whereas it's plain for anyone to look up that the US makes most of the oil companies in the middle east settle in dollars

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i have on Yas Forums, this year in fact (jk tho jannies)

>doesn't it just cancel out inflation?
You are unironically the most retarded person I've read today.

im retarded. can you explain why his theory is wrong?

if the dollar becomes hyperinflated wouldnt that only be a problem if theres a viable alternative? is the Chinese Yuan really a viable alternative? The western world will not want China to run the global economy.

ꝥs a man

Iraq war and Lybia war both started over someone trying to dump the petrodollar.

US dollar is the legal tender in the US, all goods and services are priced in USD. The total amount of goods and services produced is Y (best case scenario it's constant, which it isn't because of an oncoming recession). Let's call Z the total amount of monetary units in the economy. For simplification purposes Y=5 and Z=10. with 10 m.u. you can buy 5 products, each product costs 2 m.u. If Z goes up and Y stays constant, you'll need more m.u. to buy the same amount of products (that's the definition of inflation) (e.g. Z=15, now each product costs 3 instead of 2). So no, all the banks printing money won't have a "cancellation effect" on inflation, that's retarded.

IMAGINE THE SMELL OF HIS ASS

Hyperinflation means fixed incomes and debts go to zero, aka money becomes meaningless. It becomes impossible to financially plan for the future. The ability to invest and efficiently allocate capital grinds to a halt. People buy commodities to preserve wealth. This happens even if all currencies hyperinflate. This is why gold is an effective currency of last resort.

What you overlook here is that by increasing the money supply you increase liquidity, which by definition makes them more profitable, thereby increasing the Y/Z ratio as a factor of Z

Lets say EUR/USD is 1 and the supply/demand for Oil is constant.
Lets say also that Oil in 2020 is 50 USD and 50 EUR
Hyperinflation happens - but EUR and USD are still 1:1.
Has the intrinsic value of oil changed? no.
instead of $50 it's now 500 USD, and 500 EUR.

Are you going to notice that hyperinflation has occurred? Maybe, if your income does not hyperinflate with the currency. (it won't)

>Maybe, if your income does not hyperinflate with the currency. (it won't)
That's a good point. When I think of hyperinflation I tend to think of some African country with a barrel full of worthless money in their local currency.

It begs the question can hyperinflation be more specific? The assets overvalued being only what the Feds are playing with.

Dude, kys, don't try to talk about shit you don't know. It's plain and simple, if money is printed for artificial liquidity, intrinsic value of goods is still the same, but you have to put on more monetary units to acquire them.

Yeah, inflation and deflation can be compartmentalized.
For instance, for the past 20 years, financial assets in the financial economy (which is separate from the real economy in which we live/participate in) have been experiencing price inflation as a direct result of the federal reserve's /participation/ in the markets and slightly more specifically but not limited to its manipulation of interest rates.

How else does the federal reserve print hundreds of billions out of nothing, while our prices in the real economy don't go crazy? That, and the US exports a LOT of its inflation through the sale of T-Bills, Euro-Dollar and USD denominated debt.

Nope, because intrinsic value of goods naturally deflates over time

That's the point, they're not playing a lot with rates, they're betting on QE. Honestly don't know what's going to happen but there is going to be 100% blood on the street before the dust settles.

That is my sister. Stop fucking resposting this video

atom.singularity2050.com/4-the-overlooked-economics-of-technology.html

A given good gets devalued (not deflated with) in time, not goods in general. Inflation is normal, around 2%, beyond that, there's something wrong.

No

Inflation is not normal given a fixed money supply. We inflate it because that's the best tool to prevent recessions.

All those trillions will stay in some bank account or tangled up in the markets, not being spent until years down the road when the financial instruments reach maturity or someone tries to retire then we'll finally see inflation.

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>We inflate it because that's the best tool to prevent recessions.

We inflate it because our entire economy is built on a mountain of debt and everyone relies on just in time payments to avoid defaulting. Even the fucking massive cities rely on just-in-time deliveries of food and supplies because there's maybe 1 weeks' worth of shit at any given time. And yeah, whenever anything happens that causes a hiccup in things it all comes undone.

I really just wanted it all to crash. Fuck this globo-homo system, the usury, the mass migration and replacement. Fuck it all.

>Guide: How to be attractive as a woman
>Don't be fat

Yeah, good thing the money isn't being used to provide money directly to americans, which may or may not continue for months - or we would otherwise be worried about real-economy price inflation in the future.

China and Russia are gonna save us

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JIT is a LEAN manufacturing method popularized in the late 90s or something in Japan, my dude. There's nothing wrong with JIT other than the centralization of supply chians in juristdictuies we may not have control over, which introduces higher counterparty risk.

If you remove anything about inflation from your post you're correct lol.
Inflation is a tool used by central banks to implement and maintain modern monetary theory. Its used to prevent deflation, because in a deflationary scenario the central bank can fall into a situation in which nothing it does can rescue an economy.

This is why:

bibliotecapleyades.net/sociopolitica/sociopol_moneymisterymagick01.htm

The dollar is literally created using occult/black magic. It can't be beat. People aren't seeing what is ahead. The past 20 years have been shit for the US. It's being reversed. America is the new Atlantis and will be a utopia with no more than 500 million people. The US is literally becoming the NWO global super power. However, the same magic was used to create what will be the NWO global currency: BSV.

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We have to accept also that the Fed can't print their way out of a recession. The boom and bust cycle has to happen.

New fag here..aside from upcoming ridicule I could use some information...what does it mean exactly when you're orders open? And should I cancel it sooner than later

we all live in a lie or suggested imagination, too many jews in a show biz created nonsense in society that for smart intelligence people will be obvious but they forced to follow dumb crowds.
there is no space! We do not live on imaginary ball spinning 100 mph

take your meds schizo

Imagine how flabby her pussy must be by now.

That picture of pyramid and eye on the top is not complete original painting. below that pyramid two human skeletons facing each other and prying on that pyramid , I can not find that picture any more some on took original down
But id you see whole picture then that small part of whole get totally different meaning expressed in symbols that you don't need to know how to read in order to get it.

Will this white girl ever get on the Suterusu train? Who wants a badly aging white woman when Chinese girls are vastly superior anyway?

If you find picture whole, not just upper side small circle in the middle. that what pyramid with eye is, but whole picture that is very descriptive and informative as a whole ...

GO! Go and hunt the jews! Do it NOW!

most schizophrenic post I have ever seen

Because you are retard and have no clue about oil hoax and energy hoax in general , So in my eyes only mentioning Petro Dollar say a lot about you, who still believe in Santa and flying balls in imaginary space. Water around continents is flat , got it? You live on the continent popping out of surface of water and space is not that big just between your ears, dummy!