American Economics Thread

[9dashline]

In addition, I don't know what its supposed to accomplish, more control and monitoring of the currency? Don't they already have a system in place to track transactions and balances? Its going to be the same, where countries intentionally avoid these digital dollars because they don't wanna get tracked, then suffer sanctions and fines.

Digital currency for China is more useful, because this allows them to track possible money laundering, prevent capital flight, and it gives them more data on where the money/investment is flowing. With these benefits, they can now safely allow foreign ownership of RMB, and now it depends on the laws and regulation they will apply and the incentives they will use to encourage the use of it.

When the petrodollar stops being reserve currency all those monies are coming back to flood the US homeland...

America is going to give the rest of the world the finger by setting up a new digital currency and doing a one to one mapping of existing dollars to new digital dollars for US persons and US firms and institutions and then tell the rest of the world who is still holding the traditional dollars to go pound sand

 

[Coalescence]

America is going to give the rest of the world the finger by setting up a new digital currency and doing a one to one mapping of existing dollars to new digital dollars for US persons and US firms and institutions and then tell the rest of the world who is still holding the traditional dollars to go pound sand

If they do that, they would have effectively defaulted their entire currency. No one is gonna trust them to keep their obligations and promise anymore (Well even less than we have now after they frozen Russia's reserve), and we'll see a massive flight of cash to hard assets like Gold, Real Estate and stocks/bonds outside of US.

 

[NiuBiDaRen]

 

[xypher]

Its concerning they are accusing China of genocide.... if the projection patterns holds out in a couple years we will find out how deep down the rabbit hole this goes

The US has concentration camps on their border where they separate children from families while harassing and

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[9dashline]

View attachment 86377

American career criminals are all smart enough to know that the Tesla has video camera security system that captures all the evidence from every angle in case the car is broken into and can later be used against them for prosecution....

 

[2handedswordsman]

When the petrodollar stops being reserve currency all those monies are coming back to flood the US homeland...

America is going to give the rest of the world the finger by setting up a new digital currency and doing a one to one mapping of existing dollars to new digital dollars for US persons and US firms and institutions and then tell the rest of the world who is still holding the traditional dollars to go pound sand

Too late. Digital or alternative currencies are a way to avoid US dollar tariffs

 

[2handedswordsman]

American career criminals are all smart enough to know that the Tesla has video camera security system that captures all the evidence from every angle in case the car is broken into and can later be used against them for prosecution....

You can visit a tesla with a mask and AK47 and nobody would track you. Just saying

 

[KYli]

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[NiuBiDaRen]

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Mexico should check the IDs of people at gas stations and deport the Americans back across the border. Just sayin

 

[BlackWindMnt]

Mexico should check the IDs of people at gas stations and deport the Americans back across the border. Just sayin

Dammit Trump the wall was suppose to keep americans inside the US. Not let them pass and buy cheap medicine and gas in mexico.