US Dollar Is Losing Its Dominance on Global Market

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US Dollar Is Losing Its Dominance on Global Market
Speaking in an interview with RIA Novosti on Wednesday, Felipe M Medalla stressed that the outstanding situation of the US currency will gradually decline in the global economy.

The governor called for a multi-currency world although he stated that the dollar still has an advantage over other currencies globally because of the huge market for US government bonds and securities.

He is of the opinion that, as time goes by, the dominance of the US dollar will become less and less.

According to this report, de-dollarization has been accelerated across the world, because, more countries are seeking alternatives to ditch the American Greenback, he underlined.

Russian President Vladimir Putin has recently announced that the US dollar and other Western currencies will inevitably lose their leading situation in global transactions, because, the current policies of the Western countries will weaken the supremacy of the US dollar and euro in international payments.

According to the International Monetary Fund (IMF), the US dollar share in the global market downed 0.44 percent in 2022, which is regarded as the largest decline in official FOREX reserve than any other currencies.

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Dust057 · 46-50

People are tired of having currencies that keep going down in value as their governments keep printing more and diluting the value. That's why cryptocurrency has such a large following and continues to grow. The decentralized model keeps control out of the hands of the rich and powerful.

Gold and silver will always be valuable, but there isn't enough of it to go around and be a currency. We use these materials for production, they are valuable for their electroconductivity, stability, and malleability,

NoGamesTolerated · F

@Dust057 We are fast heading for one world currency…which will inevitably be the mark of the beast.

Dust057 · 46-50

@NoGamesTolerated I am curious what events could lead to that. It seems to me that there will always be multiple markers of value (currency). Though I was watching "The Oroville" a while back and one of the premises of their vision of the future is that monetary currency is discontinued in the future and the only real source of value is one's contributions to society (social currency, or merit-based value). Which hardly seems an "evil" way of establishing one's net worth <3

(The reason they give for discontinuing currency is sci-fi advancements in technology such that resources are no longer scarce. So there is food, housing, &c. as basic needs are met, and people don't have to justify their right to eat or have a place to sleep by trading their contributions for money to buy these basics. )

NoGamesTolerated · F

@Dust057 Everything you are seeing transpire before our eyes in current events is leading up to it. The mere words globalism and new world order… are no coincidence… I could say so much about this but I don’t have the time at the moment. I’m going to post a video right now. Listen to it… and read my comment. It might be a start to explain.

NoGamesTolerated · F

@NoGamesTolerated And mostly I base my beliefs on what the Bible says about it all.

NoGamesTolerated · F

Dust 057
Revelation 13:16-17
King James Version
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:

17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. @NoGamesTolerated @Dust057

Dust057 · 46-50

@NoGamesTolerated Revelations is one of my favorite books of the Bible. I think it's so cool that John kept a dream journal. I've done the same thing and it's really fun to go back and read all the dreams I've had over the years. I've even had a few dreams that were kind of like prophecies that came true!

NoGamesTolerated · F

@Dust057 It wasn’t a dream for John dear. The Bible says he was taken in the spirit and saw these things. But God has shown great things to people in dreams before tho…In the Bible and now.

Dust057 · 46-50

@NoGamesTolerated I always interpreted “taken in the spirit” to mean he was whisked away to dreamland or a meditative state. But that’s the thing about what he and all the other authors of the Bible wrote over the years: it’s open to interpretation. From David’s poems in Psalms to the Revelations of John. I think many people choose to take literally what may have been meant poetically. John clearly has some criticisms (and accolades) of the various churches of the time.

“Takin in the spirit” could also mean he took in an excess of alcoholic spirits and had a drunken hallucination 😂 that would be ironic if people centuries later were following his recollections of a wild night as prophecy!

NoGamesTolerated · F

@Dust057 In the spirit is much deeper than a physical dream… it’s on a spiritual plane. The body doesn’t have to leave the room but the spirit can be taken wherever God chooses. John saw visions in the Spirit. He saw this very present world we live in, in the end days. He also saw heaven and what was taking place there.