The fate of the world's currencies in the wake of the demise of the dollar. - page 35
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And to generalise, in the tradition of liberals.
From 1917 to 1991 there were quite a few ways to leave a country you hated.
If they were not deserted, if they were not imprisoned under political articles and if they defended this country in hard times, it means they built it too. So... Well, it seems clear to you.
Who had many of those ways? The average cobbled-together peasant?
Called up and went to defend it. Were there any options? And here again you bring up a topic where it is forbidden to express one's opinion freely.
Which citizens?
I remember well the year 1991, especially the spring, but I do not remember a referendum. I remember that everyone knew that the Soviet Union was ending, everyone was happy about it and was looking forward to it.
Maksim Dlugoborskiy:
Не знаю есть ли на этом форуме ветка, где обсуждается развитие России, а так же, перспективы рубля.
Если нет - откройте тему (или пригласите в существующую) я приду и там буду с вами вести диалог.
You don't have to, it's clear enough. There is no point in a dialogue, your ideas about the situation with Russia's economy are far from reality, as I proved with the posts above.
Here we're talking about the fate of American dollar.
So tell it in a way that will be useful for everybody. Tell us your opinion. What do you think of the dollar?
The dollar will be fine - it's the currency that accounts for 80% of all world transactions. And it has more commodity backing than any other currency in the world. In fact, the Federal Reserve can issue as many dollars as it wants and they will all be backed by commodities automatically: let's say, if oil is extracted somewhere in the world, the dollar will be backed by that too, because it will then be sold for dollars on the exchange or directly to counterparties, but also for dollars, or it will simply be tied to the price of oil in dollars.
On the subject of external debt. People (in Russia) look at it lopsidedly for some reason. The U.S. raises money at 0.25 percent (or what is the current rate?); they inject it into their economy through banks at 3-4 percent (loans to companies and individuals); the economy earns the money back and pays it back with interest. Everyone lives, everyone is happy, everything is profitable. Profit is made at every stage. If the attracted money becomes too much, and the Fed sees that the economy can't digest it, they lower the rate. It was 0.25% - now it is 0.1, let's say. Or they will bring the rate close to zero. And if resources are scarce, they will pull the rate up. Say, up to 1 per cent, 1.5 per cent, 2 per cent. And the various governments, national wealth funds, pension funds, corporations, private investors, etc., see it and think, "Aha! That's where it's profitable to put the surplus!".
And the size of the national debt only shows the size of this "business". So there's no point in being afraid of the size of the national debt; there's no point in being sad that "the national debt pyramid is about to collapse" either. They are not idiots who are sitting there, they are finely tuning the rate of free money inflow into the economy, and in general they are wisely using the prevailing situation of their country, which accounts for 25% of global GDP, and which for many decades has been consistently paying back its foreign debts on time, year after year.
Why does everyone think the dollar is finished????? Why do you think so, I don't think so.....
Who had many of these ways? The average lapdog peasant?
Called up and went to defend. Were there any options? And here again you bring up a topic in which it is forbidden to freely express one's opinion.
The average peasant will give you a head start in understanding.
During the wars, whether civil or patriotic, people chose and switched sides just in the nick of time.
Dissidents in peacetime are not exactly a handful either.
Enough of this misunderstanding. It's not me who's making the point, it's you who are provoking it.
The average peasant will give you a head start in understanding.
During the wars, whether civil or patriotic, people chose the other side and switched sides in a hurry.
Dissidents in peacetime aren't exactly a handful either.
Stop making misunderstandings. I'm not the one making a point, you're the one provoking it.
Ooh... there's also the humble dissidents.
Why are you doing this, because you know that no one will give you a decent answer (but not because they can't). And I'm sure you know yourself that this law is written with a stick in the mud.
You only want numbers. Yes, you can find both positive and negative figures among statistics, I agree.
The flight and inflow of capital that you are talking about can be compared to a large company that has existed for a long time and has successfully established itself on the Market. And then suddenly some high-profile event happens. The company's shares plummet by a few per cent. Who's dumping them? Short-term accounts. Not investors.
What do real investors do at this time? Real investors (smart money) look for the right moment to buy into those panic-driven stocks which have just crashed. They know when to buy. And as a result, they will significantly and repeatedly increase their capital.
And the real losers, who, like speculators, dumping shares of a reliable company, will go without trousers. Because they can not see beyond their nose (mind), or can not be above the crowd on his head.
Despite all your pathos that you are not ashamed to show in today's conversation, I urge you, first of all, to love the people, love the country in which you live. I urge you to be more open to dialogue and not to hide behind the short phrases with which you "sputter".
If you really feel behind your words - feel free to compose them into sentences and constructive texts. Let someone else disagree with your point of view. But this is an opportunity for you to speak out and to confirm your words not only with figures, but also with other data. To put dry statistics in the first place is the destiny of speculators, not professionals.
Maybe you want to seem like a professional. And you want people to listen to you or at least take your words with interest. Then behave like a professional. Why are you so quickly pouring water from a bucket of the people-winner to whom (I hope) you belong ...
This forum is for discussion. You've encouraged everyone here to discuss, but instead you post links to third-party resources - no one is going to click on those links.
The links are just for you. I'm not going to type for you what's in the public domain.