The fate of the world's currencies in the wake of the demise of the dollar. - page 102

 
Dmitry Fedoseev #:

If the dollar had really collapsed, it would have collapsed on all pairs. And if it "collapsed" on any one pair, then it wasn't the dollar that collapsed.

If you're talking about all pairs, it's total chaos.

as the saying goes - one in the woods, one out of the woods.

the beginning of a crisis unlike any previous one

 
Yuriy Zaytsev #:

130 ? How did you manage ?

that's how everyone's studs are different ;)

 

Renat Akhtyamov #:

The beginning of a crisis unlike any previous one

A sort of crisis of overproduction. The most important mouthpiece of the "imminent collapse of the dollar empire" keeps talking about it (characteristically, he does not predict the demise of the dollar itself). Perhaps the crisis is incomparable in strength? But the growth before that is incomparable to anything else...

 
Yevhenii Levchenko #:

A sort of crisis of overproduction. The most important mouthpiece of the "imminent collapse of the dollar empire" keeps talking about this (characteristically, he does not predict the demise of the dollar itself). Perhaps the crisis is incomparable in strength? But the growth before that is incomparable to anything else...

what is not there is not there.

they began to produce beautiful, but so that it breaks down quickly.

demand grows

buy when the guns are blaring and sell when the fanfare is sounding;)

 
Renat Akhtyamov #:

buy when the guns are blaring and sell when the fanfare is sounding ;)

Have you managed to buy receipts for Sbera shares for a cent?

 
Aleksey Nikolayev #:

Have you managed to buy receipts for Sbera shares for a cent?

not

put it on the forex to avoid losing the hobby

There is a delta on the card.

I couldn't believe the fluctuations in exchange rates myself.

 
Renat Akhtyamov #:

that's what's missing, that's what's missing.

to produce beautifully, but to break down quickly.

That sounds more like a myth. Besides, it seems that overproduction is not just about material goods...

The coming crisis of overproduction

With the growth of the financial sector in the world comes a new situation of money overproduction. Assets of all kinds, shares, securities, payment instruments, certificates etc. have to pay for themselves and generate constant profits. With modern financial technology, enormous amounts of capital move almost overnight, and everything is in flux all the time. Eventually, there comes a time when the sale of money stops, and as with a surplus of goods, the overproduced finances are destroyed through revaluation, write-offs, and so on. The volumes are enormous. For example, Bollard, head of the Central Bank of New Zealand, predicted a total depreciation of securities in 2008 and 2009 of $30 trillion, non-performing loans of $2 trillion [27].

(wikipedia)

Here are the wto statistics (though for the year 20 if I understand correctly): https://www.wto.org/english/res_e/statis_e/wts2021_e/wts2021chapter02_e.pdf

There is a chart of trade in goods and services there. According to your assumption the fluctuations occur solely in conjunction with the dynamics of machinery breakdowns (and vice versa)? I don't know all the mechanisms of the economy, but my intuition tells me that it is somehow much more linked to purchasing power, all sorts of economic and political processes (the same barrier duties, trade wars are also a struggle for markets)...

 
Yevhenii Levchenko #:

It is more like a myth. Besides, it seems that overproduction is not just about material goods...

The coming crisis of overproduction

With the growth of the financial sector in the world there is a new situation of money overproduction. Assets of all kinds, shares, securities, payment instruments, certificates, etc. have to pay for themselves and generate constant profits. With modern financial technology, enormous amounts of capital move almost overnight, and everything is in flux all the time. Eventually, there comes a time when the sale of money stops, and as with a surplus of goods, the overproduced finances are destroyed through revaluation, write-offs, and so on. The volumes are enormous. For example, Bollard, head of the Central Bank of New Zealand, predicted a total depreciation of securities in 2008 and 2009 of $30 trillion, non-performing loans of $2 trillion [27].

(wikipedia)

Here are the wto statistics (though for the year 20 if I understand correctly): https://www.wto.org/english/res_e/statis_e/wts2021_e/wts2021chapter02_e.pdf

There is a chart of trade in goods and services there. According to your assumption the fluctuations occur solely in conjunction with the dynamics of machinery breakdowns (and vice versa)? I don't know all the mechanisms of the economy, but my intuition tells me that it is somehow much more connected with purchasing power, all sorts of economic and political processes (the same blocking duties, trade wars are also a struggle for markets)...

and I thought e-money could be neither printed nor produced accordingly

the self-defeating definition of money overproduction, don't you think?
 
Yevhenii Levchenko #:

It is more like a myth. Besides, it seems that overproduction is not just about material goods...

The coming crisis of overproduction

With the growth of the financial sector in the world comes a new situation of overproduction of money. Assets of all kinds, shares, securities, payment instruments, certificates, etc. have to pay for themselves and generate constant profits. With modern financial technology, enormous amounts of capital move almost overnight, and everything is in flux all the time. Eventually, there comes a time when the sale of money stops, and as with a surplus of goods, the overproduced finances are destroyed through revaluation, write-offs, and so on. The volumes are enormous. For example, Bollard, head of the Central Bank of New Zealand, predicted a total depreciation of securities in 2008 and 2009 of $30 trillion, non-performing loans of $2 trillion [27].

(wikipedia)

Here are the wto statistics (although for the year 20 if I understand correctly): https://www.wto.org/english/res_e/statis_e/wts2021_e/wts2021chapter02_e.pdf

There is a chart of trade in goods and services there. According to your assumption the fluctuations occur solely in conjunction with the dynamics of machinery breakdowns (and vice versa)? I don't know all the mechanisms of the economy, but my intuition tells me that it is somehow much more connected with purchasing power, all sorts of economic and political processes (the same barrier duties, trade wars are also a struggle for markets)...

in light of the "demise of the dollar" topic, capital!= sum_account_in_usd :-)

more like capital:=: the sum of validated holdings of real assets (stakes in non-financial companies or resources (not even futures) )

And it is not"almost instantaneously" redistributed. It's a very long process

PS/ if the topic is about "the dollar is EVERYTHING", then money/currencies/many_papers are NOTHING. Only the possession of real things plays a role

 
Renat Akhtyamov #:

and I thought that electronic money could be neither printed nor produced accordingly

a self-defeating definition of overproduction of money, don't you think?

It's not just about e-money. Electronic money itself (and not only) is issued. It is somehow regulated by legislation and conducted according to its own procedures. There are all these aggregates and other economist stuff. That is, it can't be emitted out of the blue. This is production. All these stories of rising debts are here, it seems to me. Quantitative easing stories also seem to be there...

But somehow you are diverting the dialogue away from the topic... It is the subject of the topic and the cause of the nightmares that are happening in the world. Again, the chief advocate of the "imminent collapse of the dollar empire" himself describes the mechanisms of overproduction (and causes of crises)