China’s digital yuan displaces the dollar

[Mohamed Bin Tughlaq]

oil is still traded in dollars

this means absolutely nothing

And?? British ridiculousness on display.. Go to the pub my friend

 

[Michael Corleone]

yeah stupid article, with eth and xrp there would be no use of digital yuan, if anything america will probably shift the world to decentralization just as a fu to china

 

[Imran Khan]

invest in cryptocurrency.

i dont trust them sir

 

[Beidou2020]

Digital yuan will bypass the dollar banking system of the United States and also bypass the financial messaging system SWIFT.

Digital yuan will make US financial sanctions against China useless.

This is why the digital yuan is a geopolitical game changer and has got the attention of everyone.

Digital yuan will initially be used for domestic payment settlements and then expand to international payment settlements.

When China no longer absorbs trillions in US dollars, the FED will have to raise interest rates or watch the American middle class become poor essentially overnight through massive inflation.

is going for the head of the beast. Chop off the head and the powerful arms and legs will come crashing down.

American empire is reaching end game. China can and will deliver the knockout punch when the time is right.

 

[VCheng]

American empire is reaching end game. China can and will deliver the knockout punch when the time is right.

The knockout punch will happen next Tuesday and 9:53 a.m. precisely. Everybody knows that!

 

[Beidou2020]

The knockout punch will happen next Tuesday and 9:53 a.m. precisely. Everybody knows that!

Sorry to break it to you, your father never was and never will be "American", and the same goes for you, no matter how hard you try. The sooner you realise that, the better.

 

[VCheng]

Sorry to break it to you, your father never was and never will be "American", and the same goes for you, no matter how hard you try. The sooner you realise that, the better.

And what does that have to do with the price of potatoes?

Predicting the death of the USD is a favorite topic for the tin army, is it not? Go ahead, please tell us all how the dollar is dead, again?

 

[dbc]

And what does that have to do with the price of potatoes?

Predicting the death of the USD is a favorite topic for the tin army, is it not? Go ahead, please tell us all how the dollar is dead, again?

The Chinese are busy killing the dollar while simultaneously holding massive amounts of Dollar assets including all of the Belt and Road plus CPEC liability.

I guess the Chinese aren’t as clever as we thought they were...

 

[VCheng]

The Chinese are busy killing the dollar while simultaneously holding massive amounts of Dollar assets including all of the Belt and Road plus CPEC liability.

I guess the Chinese aren’t as clever as we thought they were...

Oh I don't mind their claims of being IQ geniuses and having killed the dollar. Let them be happy.

USA will carry on regardless, including its dollar.

 

[F-22Raptor]

Digital yuan will bypass the dollar banking system of the United States and also bypass the financial messaging system SWIFT.

Digital yuan will make US financial sanctions against China useless.

This is why the digital yuan is a geopolitical game changer and has got the attention of everyone.

Digital yuan will initially be used for domestic payment settlements and then expand to international payment settlements.

When China no longer absorbs trillions in US dollars, the FED will have to raise interest rates or watch the American middle class become poor essentially overnight through massive inflation.

is going for the head of the beast. Chop off the head and the powerful arms and legs will come crashing down.

American empire is reaching end game. China can and will deliver the knockout punch when the time is right.

How’s your prediction from a year ago about US economic collapse going? The US economy is booming now, and will actually exceed pre pandemic estimates.

Your predictions are worthless hot air.

 

[925boy]

Freedom of Press don't really exists in the West as many imagine.

100% truth detected. west/ US is a big azz hypocrite.

Oh I don't mind their claims of being IQ geniuses and having killed the dollar. Let them be happy.

USA will carry on regardless, including its dollar.

pls dont feel the need to defend or explain US as a country or govt..you're doing too much and not achieving anything by doing so.

How’s your prediction from a year ago about US economic collapse going? The US economy is booming now, and will actually exceed pre pandemic estimates.

Your predictions are worthless hot air.

US inflation is going up now like crazy. Here you go since you choose to remain uninformed:

https://www.zerohedge.com/markets/b...soaring-inflation-which-may-not-be-transitory

The Chinese are busy killing the dollar while simultaneously holding massive amounts of Dollar assets including all of the Belt and Road plus CPEC liability.

I guess the Chinese aren’t as clever as we thought they were...

Are you the only person who hasnt seem the graph of CHina's USD holdings??? Japan, your "ally" is the one now funding US debt and govt spending after China chose not to. stop spreading propaganda on PDF!!!

 

[VCheng]

Are you the only person who hasnt seem the graph of CHina's USD holdings??? Japan, your "ally" is the one now funding US debt and govt spending after China chose not to. stop spreading propaganda on PDF!!!

Please post up that graph.

 

[Hakikat ve Hikmet]

A great thing to happen for the countries like Pak, Turkey, Iran etc....

No Whites, no cry....

 

[925boy]

Please post up that graph.

here it is:

ALso, lets accept the obvious- CHina probably only increased its holdings recently because the USD lost value, aka CHina got a discount buying it...

https://www.bloomberg.com/news/arti...of-u-s-treasuries-hit-highest-since-july-2019

 

[VCheng]

here it is:
View attachment 740866

ALso, lets accept the obvious- CHina probably only increased its holdings recently because the USD lost value, aka CHina got a discount buying it...

https://www.bloomberg.com/news/arti...of-u-s-treasuries-hit-highest-since-july-2019

Thank you. So China continues to buy USD, and loves a discount. Nice!