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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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pak73
To: TobagoJack who wrote (170398)4/12/2021 6:43:28 AM
From: Maurice Winn1 Recommendation  Read Replies (7) of 217577
 
USA has abdicated. The Biden administration is stepping up scrutiny of China’s plans for a digital yuan, with some officials concerned the move could kick off a long-term bid to topple the dollar as the world’s dominant reserve currency, according to people familiar with the matter.

There's no need to topple USD. It has self-destructed by MAD machinations of irrationally exuberant quantitative easing dilutionary helicoptered destruction, all voluntary by those in charge. It has been decades in the making and now people have had enough. They will have to do a Volker to save the situation of the goose that laid the golden eggs else their goose be cooked.

Mqurice
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