CCP Partners With Bank for International Settlements to Displace the Dollar
“We will cultivate a trading center and pricing mechanism that puts China first (以我为主) and actively promote settlement in local currency.” ...
Monday, May 6, 2024
Tag: Dollar
Central Bank Digital Currencies Are Coming – What Will the Consequences Be?
Currencies are the lifeblood of trade and the economy; if a currency fails, the entire economy fails. Yet, most people ...
Will US Dollar Be Replaced With BRICS Currencies?
The U.S. dollar is used by nations for international transactions because it is a stable currency that is easily convertible ...
Dollar Collapse: Top Indian Cement Producer Pays for Russian Coal Using Chinese Yuan
India’s largest cement maker UltraTech maneuvered its way away from using the U.S. dollar (USD) by using China’s yuan in ...
The Ugly Economic Wakeup Call All Americans Need to Hear
I’ve always ebbed and flowed between optimism and warning when it comes to the United States economy. I saw disaster ...
There’s a Dollar Shortage
Last week the Federal Open Market Committee announced they were embarking on the first tightening cycle since December 2015, when ...
US Move Against Russian Gold Reserves May Signal Impending Monetary Reset
Could a monetary reset be on the horizon amid the backdrop of Russia’s invasion of the Ukraine? Recent comments made ...
Is Powell Again Pulling Strings From “The Shadows”?
Recently, we have seen stocks rally while the dollar falls. Some of us are wondering why the dollar is falling ...
The Dollar Has Entered a Death Spiral, and a Lot More Inflation Is on the Way
Did anyone out there actually expect things to turn out differently? When the federal government kept borrowing and spending trillions ...
