Comments by "King Ace" (@kingace6186) on "The Growing Revolt Against the US Dollar" video.

  1. And the best part is that people are already used to exchanging Euros for Dollars and vice versa.
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  2. Yup. In 2022-23, India had a trade surplus of $28 billion with the US making the US economy India's largest trading partner. The US has stepped up in this regard due to Biden's Indo-Pacific Economic Framework. It's basically enhanced economic ties without the political preconditions of a trade deal.
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  3. There just isn't enough liquidity to do business solely in Yuans.
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  4. LMFAO The perfect get-rich-quick scheme.
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  5. Damn.
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  6. At the end of the day, the only currency & state powerful enough to be the reserve standard of global finance are the United States & the USD. China knows that, India knows that, Russia hates that, Turkey knows that, Africa knows that, & the Global North stands with that. That won't change until the US falls or another currency magically surpasses the USD's purchasing power. So instead, the reason why most countries are "revolting" is because (due to the Fed's policies) the power of the Dollar is rising while the power of developing currencies is stagnating. And so, it's easier to blame the economic superpower, the US, rather than blaming the cause, Russia, for plunging a reeling global economy into the toilet by invading a nation and forcing the sanction
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