Joke Collection Website - Talk about mood - Going to the dollar is no longer just talk.

Going to the dollar is no longer just talk.

No country can shake the hegemony of the United States as the world's largest country. The position of the US dollar in the currency is irreplaceable, and no country's currency can surpass it. Although dollarization is a hope of many countries in recent years, it has not been realized. Some time ago 14 countries jointly sold US Treasury bonds and funds, but they still failed. While successfully avoiding an economic crisis, the United States unexpectedly made the dollar's position more stable, which really made other countries have to admire.

In fact, "de-dollarization" has long been proposed. The long-term monopoly of the US dollar has enabled it to alleviate social tension by printing a large number of US dollars in the case of social crisis, but it has caused great pressure on other countries holding US debt. The rapid growth of dollar trading volume in the market will inevitably affect countries that hold dollars. Once the United States can't control the growth rate of the dollar volume, it will cause the dollar to depreciate, which will be a great blow to other countries. Although countries often mention this topic, few countries really take action, let alone countries that can really achieve their goals.

This recent action initiated by Russia has attracted many countries to follow suit and sell their US Treasury bonds, which is the most crucial step in the whole action. At present, Russia only holds about $3 billion in US Treasury bonds. Although Russia acted quickly and resolutely, it increased the amount of euros and RMB in its hands while selling American debt, but this action was not successful. Because many countries have signed currency swap agreements with the United States, this incident means that although a few countries hope that the US dollar will no longer dominate the currency field, more countries still recognize the value of the US dollar at this stage. In this case, the hegemony of the dollar is still unshakable.

Since the US dollar became the first currency, the transactions of important resources such as oil in the world have been conducted through US dollars, and every transaction has to go through the United States. In the past, once there was a conflict with the United States, the most direct thing would be economic restrictions, so the deeper meaning of "dollarization" was actually dissatisfaction with American restrictions. As a big oil exporter, Iran's own development has fallen behind due to the restrictions of American policy, and this year, due to the tension in relations, its export volume has hit a new low in the past decade. Some media said that Iran has actually settled oil exports with some countries through gold. If gold trading can be maintained for a long time, the position of the dollar in the oil field will be weakened.

In addition to many digital currency and gold, many countries have thought of replacing the US dollar with RMB. More and more countries begin to attach importance to China's development ability and international influence, and many people are optimistic about the future development space of RMB. Everyone hopes to break up the monopoly of the US dollar in foreign exchange as soon as possible, which is an international trend. Although everyone tries their best to achieve this goal quickly, the recent signing of currency swaps has made the recent dollar situation very stable, which is a very good thing for the United States.

?

This year's war has dealt some blows to countries eager for success. In recent days, no one should dare to play with dollars. The United States has always regarded the dollar as its own anti-scale. Any country that dares to attack the dollar will be sanctioned by the United States. Iraq is an example. If 14 countries didn't work together this time, but individual countries, I'm afraid the United States has long been eyeing it, and I'm afraid it won't end well now. This is precisely the hegemony of the United States.