You are viewing a single thread.
View all comments
96 points
*

It’s like he’s trying to kill the US dollar. Nobody who was actually trying to protect our currency would be making these moves.

It’s not a shocker why all the cryptobros are behind him either, because that’s their goal, too.

But I mean god damn it is really hard to exaggerate how stupid and easily manipulated Trump is.

permalink
report
reply
20 points

Crypto Bros like him because they don’t want to have to pay taxes or to stop scamming people

permalink
report
parent
reply
17 points

No “like”, he is. Russia and China want to devalue the dollar and replace it as the world currency.

Obviously Russia is unlikely to achieve that, but I’m sure China encourages the use of RMB in their global operations, like in their belt and road projects.

permalink
report
parent
reply
2 points

Russia benefits from a stronger US dollar insofar as its oil and gas exports are settled in that currency. The more valuable the US dollar is (as measured against the ruble), the more rubles Russia’s exports end up yielding — or the better they compete with other producers in international markets.

permalink
report
parent
reply
4 points

They ironically don’t, they have so many controls in place it’s not even in the top five reserve currencies.

permalink
report
parent
reply
8 points

The fiat currency cannot be discussed in public. It’s mystery maintains it’s real value.

permalink
report
parent
reply
2 points

Are you advocating for the gold standard?

permalink
report
parent
reply
2 points

I don’t think that there is enough gold. Unfortunately.

permalink
report
parent
reply

News

!news@lemmy.world

Create post

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.

Posts must be news from the most recent 30 days.


6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

Community stats

  • 14K

    Monthly active users

  • 10K

    Posts

  • 199K

    Comments