Is The US Holding Up The RV?

[Luigi1]

Here's an article from Dinarland...

Is The US holding Up The RV?

Treat as a rumor.  Not verified.  Your opine.

 

 

 

Pimpy:    Is The US Holding Up The RV?

ARTICLE: There seems to be a lot of stalling happening when it comes to the budget & I’m wondering if they’re just waiting to see what the US is going to do as far as the Central Bank Digital Currency is concerned.  Are they just waiting for the US to move into the CBDC?  Because if they’re supposed to be the currency that they use then guess who else has to go into the CBDC’s.  Everybody else over there…

 

[Longtimelurker]

CBDC will not happen. States have already announced they will not accept it. The IQD will revalue after fake Biden is arrested, Trump is publicly in control again and the fake WW3 is in our face. My opinion of course. My next potential date was July 2nd 2023 but I'm now hearing the market crash will be this fall. If that's the case, I'm back to Jan 2024 for reset. If markets crash in May I'm looking at July 2nd. Who knows..

[edbeach]

People keep pushing the date out further maybe it will be 10 to 15 years down the road. Even with all the good news we still not see any increase in value that benefits us. Have no trust in the Iraq government 

[Luigi1]

14 minutes ago, Longtimelurker said:

CBDC will not happen. States have already announced they will not accept it. The IQD will revalue after fake Biden is arrested, Trump is publicly in control again and the fake WW3 is in our face. My opinion of course. My next potential date was July 2nd 2023 but I'm now hearing the market crash will be this fall. If that's the case, I'm back to Jan 2024 for reset. If markets crash in May I'm looking at July 2nd. Who knows..

 

I was thinking along the very same lines.

We may have to see a total US & a global recession or even a great depression to force in the GCR. 

There's a reason why we are witnessing one delay after another when everything in Iraq is ready to go.

[Luigi1]

6 minutes ago, edbeach said:

People keep pushing the date out further maybe it will be 10 to 15 years down the road. Even with all the good news we still not see any increase in value that benefits us. Have no trust in the Iraq government 

 

Have no trust in the US government.

Fake election...fake president...fake economy...fake promises & hope.

The only thing not fake...the looming US bankruptcy...the mushrooming national debt...OBiden shitting his pants.

[Sage449]

https://www.msn.com/en-us/money/markets/the-air-has-come-out-of-the-dollar/ar-AA1aAcaR

 

The U.S. economy no longer looks so exceptional. That is bad news for the dollar.

The greenback has fallen about 8.3% from a peak in September, as tracked by the WSJ Dollar Index, and is experiencing its worst start to the year since 2018.

Investors are betting the U.S. currency has further to fall as the Federal Reserve nears the end of its most aggressive program of interest-rate increases since the 1980s. Also weighing on the dollar: concerns over the banking system, a potential U.S. debt default and expectations, shared by many economists, that the U.S. will slip into recession in the coming months.

Fed tightening spurred a historic rally in the dollar last year that sent it to multidecade highs against currencies such as the euro and the yen. The dollar began weakening in the fall, held its ground in the new year as inflation proved more stubborn than expected, and has resumed its downdraft in the past two months.

The Fed is expected this week to deliver its last quarter-point rate increase before hitting pause on policy tightening. That would put the Fed at odds with other major central banks, including in the eurozone and the U.K., which reopened from pandemic lockdowns later than the U.S. and are now seeing stickier inflation.

“The U.S. is coming out of a period of extraordinary outperformance. Other countries are starting to catch up,” said Nick Wall, head of global foreign-exchange strategy at J.P. Morgan Asset Management. 

A weaker dollar is typically good news for the global economy. It lowers the cost of servicing or repaying dollar debt for foreign companies and governments, boosts the value of overseas earnings by U.S. multinationals and can bolster global trade, because goods priced in dollars become more affordable to international buyers.

“It’s a release valve for global growth,” said Mr. Wall. “Sixty percent of global liabilities are denominated in dollars; a lot of those are in emerging markets, and emerging markets are responsible for maybe two-thirds of global growth in the last decade.”

Investors are betting the Fed will pivot to lowering borrowing costs by at least a quarter point by the end of the year, CME Group data shows. Meanwhile, market pricing suggests that investors expect the European Central Bank and the Bank of England to raise their key rates by more than half a percentage point by year-end.

That divergence should help currencies such as the euro and British pound to keep gaining against the dollar, analysts say. Rate differentials are a crucial driver of currency markets, as higher rates draw investors in search of yield. 

 

One complication is that the dollar remains a favored asset in times of crisis. If a global recession became a real risk—if, for example, global banking strains worsened markedly—the greenback would likely rally, as happened in early 2020.

Meanwhile, economic momentum is shifting. European growth is holding up unexpectedly well, as the region’s energy crisis has eased, while U.S. activity is slowing. China’s economy expanded by an unexpectedly large 4.5% in the first quarter from a year earlier.

The International Monetary Fund expects the expansion in U.S. gross domestic product to slow to 1.1% next year and eurozone GDP to rise 1.4%, while it sees Chinese growth at 4.5%.

“The dollar-exceptionalism story is weaker not just from the rates perspective, where rates may have peaked, inflation may have peaked well ahead of the eurozone and the rest of the world, but also from a growth perspective,” said Federico Cesarini, head of developed-market foreign exchange at Amundi Institute.

Mr. Cesarini said rising European interest rates were a “regime shift” for the currency market that could lead to a multiyear dollar downturn. Investors have shunned European bonds since the ECB introduced negative rates in 2014. Now, they are coming home.

“This is really just the beginning,” he said. “I strongly believe a lot of capital from eurozone guys will have to be repatriated back.”

He estimates that about 300 billion euros, equivalent to some $331 billion, has poured back into Europe since last June, mostly into European shares, and that flows could ultimately total about €2 trillion. Amundi forecasts a further 7% rise in the euro this year, to $1.18 from $1.10.

Hedge-fund managers have been adding to bets against the dollar, which rose to around $12.2 billion as of April 25, according to a Scotiabank analysis of Commodity Futures Trading Commission data. Among those is Stanley Druckenmiller, who said last week that shorting the dollar is his only high-conviction trade.

“The one area I feel reasonably comfortable in is, I’m short the U.S. dollar,” Mr. Druckenmiller said at an investment conference hosted by Norway’s sovereign-wealth fund. “Currency trends tend to run at least two or three years. We had a long one here, over $10 trillion came into the U.S. dollar during the previous decade.”

Some say an almost decadelong run-up has left the dollar heavily overvalued. Goldman Sachs Group Inc. analysts estimate that the currency is between 5% and 15% above its fair value, while other currencies such as the yen, South Africa’s rand and Norway’s krone are sharply undervalued.

History suggests dollar weakness could prove short-lived. In the Fed’s past four rate cycles, the dollar typically weakened or traded flat for three to four months after the final rate increase, before eventually resuming its strengthening, JPMorgan Chase & Co. strategists found.

“When you look at the long-term trends, I continue to be relatively favorable on the dollar,” said Joseph Lewis, head of corporate hedging at Jefferies. “Big picture, the U.S. still has this dynamic environment that is drawing capital flows.”

Write to Chelsey Dulaney at chelsey.dulaney@wsj.com

[screwball]

3 hours ago, Longtimelurker said:

CBDC will not happen. States have already announced they will not accept it. The IQD will revalue after fake Biden is arrested, Trump is publicly in control again and the fake WW3 is in our face. My opinion of course. My next potential date was July 2nd 2023 but I'm now hearing the market crash will be this fall. If that's the case, I'm back to Jan 2024 for reset. If markets crash in May I'm looking at July 2nd. Who knows..

i am still hearing june for full move back to gold...what eles ethat means not sure....also same time for scare event, collapse and reset...treasury will be fully drained in 6 week so default

[Longtimelurker]

11 hours ago, screwball said:

i am still hearing june for full move back to gold...what eles ethat means not sure....also same time for scare event, collapse and reset...treasury will be fully drained in 6 week so default

I hope it's soon, getting tired of waiting.

[edbeach]

15 hours ago, screwball said:

i am still hearing june for full move back to gold...what eles ethat means not sure....also same time for scare event, collapse and reset...treasury will be fully drained in 6 week so default

Screwball  I do not believe we will have a collapse of the American dollar. If that would happen all hell would break out in the entire world. Our dollar is the strongest currency in the world being used all over, If what you & some others are predicting then the our dinar would still be worthless as it is now. Then you convert from dinar to US dollar the dollar would be worthless like the dinar so what would be point of converting one worthless currency to another worthless US dollar. Again I don't buy into your theory

[Dretown39]

41 minutes ago, edbeach said:

Screwball  I do not believe we will have a collapse of the American dollar. If that would happen all hell would break out in the entire world. Our dollar is the strongest currency in the world being used all over, If what you & some others are predicting then the our dinar would still be worthless as it is now. Then you convert from dinar to US dollar the dollar would be worthless like the dinar so what would be point of converting one worthless currency to another worthless US dollar. Again I don't buy into your theory

I normally don't respond to stuff regarding the collapse of the US dollar. I agree with you! Where in the HECK is people getting this stuff about the dollar collapsing, the IRS is going away, etc...this rumor section can be dangerous sometimes!🤔😆

[md11fr8dawg]

19 minutes ago, Dretown39 said:

I normally don't respond to stuff regarding the collapse of the US dollar. I agree with you! Where in the HECK is people getting this stuff about the dollar collapsing, the IRS is going away, etc...this rumor section can be dangerous sometimes!🤔😆

Can't argue your points too much, but think about this, something is going to have to give soon. Common sense tells one that we cannot continue the fiscal path we are currently headed down. Many of you are looking at the near term (ie. what you have known to be true all of your lives). Times and things are changing and to not see that and at least discuss that and try to be prepared is baffling. There have been many many powerful world wide dominant currencies over the history of mankind. I bet those civilizations thought the same as some of you here, What?? they will NEVER replace our currency, we are too big and strong. Will they are gone, probably never to be dominant again. The same can and WILL happen to the USD. Why? Because we have elected too many corrupt morons (both parties) over the years, who will not acknowledge the error of their policies and ways. So when Obummer came to office in 2008 we had a national debt of about 9-10 trillion. He almost doubled it. Then came Trump and things were looking better, then Covid and more money thrown at something that was never as big a threat as it was made out to be (if it had been handled properly and the truth allowed to be known). Then the dementia one shows up and now the the debt is 31 trillion and climbing.  This whole system they want needs to be destroyed and a return to Constitutional Gov reinstated or we and the USD is doomed

[Luigi1]

1 hour ago, Dretown39 said:

I normally don't respond to stuff regarding the collapse of the US dollar. I agree with you! Where in the HECK is people getting this stuff about the dollar collapsing, the IRS is going away, etc...this rumor section can be dangerous sometimes!🤔😆

 

There's some truth to the actual state of the US economy. 

The Gurus like to embellish on the facts then add their twist to it to make it look authentic. 

We must be able to discern between what is truth & what is made up. 

Stay informed...stay thirsty...

[Longtimelurker]

8 hours ago, Dretown39 said:

I normally don't respond to stuff regarding the collapse of the US dollar. I agree with you! Where in the HECK is people getting this stuff about the dollar collapsing, the IRS is going away, etc...this rumor section can be dangerous sometimes!🤔😆

 

9 hours ago, edbeach said:

Screwball  I do not believe we will have a collapse of the American dollar. If that would happen all hell would break out in the entire world. Our dollar is the strongest currency in the world being used all over, If what you & some others are predicting then the our dinar would still be worthless as it is now. Then you convert from dinar to US dollar the dollar would be worthless like the dinar so what would be point of converting one worthless currency to another worthless US dollar. Again I don't buy into your theory

In this war between good and evil, both sides need the dollar to collapse to install their new system. CBDC vs QFS.  The collapse won't last very long as both sides are eager to "save the day" with their new system, you know how govts do.. create a problem to usher in the solution..  when the USD tanks (already starting), if it goes below the value of the IQD we will be able to exchange at $1+ if IQD is internationally accepted, then when the new system comes in we will have a good amount of a valuable currency. 

 

With the amount of debt we have currently, the interest accruing each year is over a trillion dollars and it's growing rapidly. It's not sustainable and our system was designed to fail after 70-80 years as we are approaching 110 years. It failed long ago but we've been lied to for quite a while.. bankruptcy papers for the corporation of the united states are viewable online with a quick search. The USD is already dead as we've lost 93% of it's value since 1971 when Nixon took us off the gold standard.

 

 

 

 

[Longtimelurker]

Plus...

As each country stops selling oil in USD the USD gets weaker as the demand for USD drops. Read about "project sandman", where 100+ countries are planning to dump the USD at the same time, this alone (if true) would create such a loss in value we wouldn't be able to stop the fall. We're already seeing Iraq dump the USD. Also, Saudi Arabia had a 50 year deal with the USA to only accept USD for oil if the US would protect them. Well, fake Biden didn't renew the contract and Saudi Arabia just signed with Russia.. we're watching a show, everything is planned and pretty much fake to expose and destroy the deep state and all of their corrupt systems including the central bank system. There is no more federal reserve, it was merged with the Treasury and so was the IRS. The IRS was unconstitutional and is a thing of the past.

[Luigi1]

 

25 minutes ago, Longtimelurker said:

Plus...

As each country stops selling oil in USD the USD gets weaker as the demand for USD drops. Read about "project sandman", where 100+ countries are planning to dump the USD at the same time, this alone (if true) would create such a loss in value we wouldn't be able to stop the fall. We're already seeing Iraq dump the USD. Also, Saudi Arabia had a 50 year deal with the USA to only accept USD for oil if the US would protect them. Well, fake Biden didn't renew the contract and Saudi Arabia just signed with Russia.. we're watching a show, everything is planned and pretty much fake to expose and destroy the deep state and all of their corrupt systems including the central bank system. There is no more federal reserve, it was merged with the Treasury and so was the IRS. The IRS was unconstitutional and is a thing of the past.

 

Russia, China & now India are conspiring to destroy the USD & replace the USD with the China Yuan as the official preferred global currency. 

The China Yuan will become the dominant global currency when it becomes totally digital, gold backed.  The US is dragging it's feet going digital & gold backed & will get left behind. 

Not to mention, the US may default due to the national debt.

[screwball]

31 minutes ago, Luigi1 said:

 

 

Russia, China & now India are conspiring to destroy the USD & replace the USD with the China Yuan as the official preferred global currency. 

The China Yuan will become the dominant global currency when it becomes totally digital, gold backed.  The US is dragging it's feet going digital & gold backed & will get left behind. 

Not to mention, the US may default due to the national debt.

all currencies will be on a level playing field.....the usd in time will be very very strong currency

[Luigi1]

11 minutes ago, screwball said:

all currencies will be on a level playing field.....the usd in time will be very very strong currency

 

The national debt & raising the debt ceiling will be like an anchor around the neck of the republic.

There's no getting around it unless the rumor is true, the UST purchased over 4 billion IQD.

I hope I'm wrong.  The debt problem is not going away.  IMHO.

[screwball]

1 minute ago, Luigi1 said:

 

The national debt & raising the debt ceiling will be like an anchor around the neck of the republic.

There's no getting around it unless the rumor is true, the UST purchased over 4 billion IQD.

I hope I'm wrong.  The debt problem is not going away.  IMHO.

they will reset.....look at the debt clock...it has to reset and crash and has done so several times in history

[screwball]

debts wiped...currencies adjusted...

[screwball]

its controlled demolition

[screwball]

2 minutes ago, Luigi1 said:

 

The national debt & raising the debt ceiling will be like an anchor around the neck of the republic.

There's no getting around it unless the rumor is true, the UST purchased over 4 billion IQD.

I hope I'm wrong.  The debt problem is not going away.  IMHO.

trump said they have iraqs money and will repay cost of war.....you dont pay attention to whats been said

[Luigi1]

1 minute ago, screwball said:

its controlled demolition

 

Maybe they can use a controlled demolition on some of these installed idiots running the republic that nobody voted for.

[Longtimelurker]

11 hours ago, Luigi1 said:

 

 

Russia, China & now India are conspiring to destroy the USD & replace the USD with the China Yuan as the official preferred global currency. 

The China Yuan will become the dominant global currency when it becomes totally digital, gold backed.  The US is dragging it's feet going digital & gold backed & will get left behind. 

Not to mention, the US may default due to the national debt.

Everything you mentioned is the "the show" being played to help wake up the masses. Don't get caught up in the show, start looking for what's going on behind the scenes, it's beautiful! Be excited not concerned 👍

[Longtimelurker]

10 hours ago, screwball said:

they will reset.....look at the debt clock...it has to reset and crash and has done so several times in history

Did you notice the debt clock no longer says "Federal Reserve Note" and now says Treasury Note" ? 

 

Beautiful!

[Longtimelurker]

10 hours ago, Luigi1 said:

 

The national debt & raising the debt ceiling will be like an anchor around the neck of the republic.

There's no getting around it unless the rumor is true, the UST purchased over 4 billion IQD.

I hope I'm wrong.  The debt problem is not going away.  IMHO.

The debt is on the Corporation not the Republic, we are returning to the Republic and will be debt free👍