Is the greenback still a safe-haven asset or is it looking more like an emerging-market currency? https://www.japantimes.co.jp/commentary/2025/04/11/world/why-buy-the-dollar/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #usdollar #globaleconomy #useconomy #donaldtrump #forex

Da ist endlich mal jemand in der Lage den #MarALagoAccord zu erklären. #DirkMüller (Mr. Dax) hat auf Youtube einen Ausschnitt seiner Paywall-Videos. Dennoch die bester Erklärung, die ich bislang gesehen habe:

https://youtu.be/duPvULVsU3g

Step 1: Zölle rauf, Chaos ausbrechen lassen, #USDollar wertet auf.

Step 2: Zollabkommen schließen mit denen, den man einen inoffiziellen Schnitt für amerikanische Schulden aufzwingen kann. Dollar wertet ab.
...

"In recent days, we have read numerous articles about a possible agreement between the US administration and its main trading partners to devalue the US dollar. It has been named “The Mar-A-Lago Accord”, a concept inspired by the Plaza Accord of 1985, which aimed to devalue the US dollar to address trade imbalances. That plan failed." https://mises.org/mises-wire/devaluing-us-dollar-how-make-america-poorer-again #devaluation #tradedeficit #economics #politics #usdollar #maralagoaccord

“The great American (#USA) cultural and economic #hegemony that has lasted for more than 80 years is coming to an end.

America's global economic #leadership was formalised in 1944, when 730 delegates from 44 allied nations met at the Mount Washington Hotel, in Bretton Woods, New Hampshire, and agreed to base the global trading system on the #USDollar, which would in turn be pegged to #gold.” — Alan Kohler

An simple example. Yesterday sitting down catching up and talking to my neighbour, electric cars come up and the US variety was booed (guess which one) , the CH version lauded (BYD). The world is routing around the USA economically, right now.

#Australia / #AlanKohler / #economics <https://abc.net.au/news/2025-04-07/tariffs-trump-world-will-move-on/105143574>

https://www.alojapan.com/1236697/a-strong-dollar-means-bargains-for-americans-traveling-abroad/ A Strong Dollar Means Bargains for Americans Traveling Abroad #BudgetTravel #currency #JapanTrips #TravelAndVacations #trips #USDollar(Currency) Last August, a hotel room in Europe priced at 200 euros was about $224. Today, travelers spending American dollars would pay only $208. On the rise since last autumn, the dollar is strong compared with a number of foreign currencies, including the euro, the Japanese yen and the Canadian dollar. And P…

Less than 100 days into a second Trump administration, commentators are already discussing the coming end of American exceptionalism. https://www.japantimes.co.jp/commentary/2025/04/01/world/how-american-exceptionalism-ends/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #donaldtrump #us #usdollar #useconomy #globaleconomy #trade

Today, anxieties about inflation, debt and the dollar’s stability — combined with high gold prices — fuel renewed skepticism, making a Fort Knox audit a possibility. https://www.japantimes.co.jp/commentary/2025/03/31/world/americas-gold-bar-conspiracy/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #fortknox #gold #donaldtrump #elonmusk #us #useconomy #usdollar

Increasingly questionable as to whether the “full faith and credit” of the US government has meaning on the international stage anymore.

In the best #Trump tradition, various default scenarios seem increasingly likely. The days of the #USDollar position as the world’s reserve currency appear to be numbered. I’m sure the #crypto folks are delighted

#USPolitics #Economics #USDebt

https://www.cnbc.com/amp/2025/03/12/ray-dalio-warns-growing-us-debt-will-lead-to-shocking-developments.html

#Varoufakis glaubt, dass die strategische #BitcoinReserve des #Trump-Regimes dazu führen soll, dass andere Zentralbanken kontrolliert #USDollar gegen irgend etwas mit Preisbindung zum Dollar eintauschen sollen.

So würde der Dollar fallen, ohne seine Bedeutung als Leitwährung zu verlieren.

Macht absolut Sinn, vorausgesetzt, Varoufakis hat Recht mit seiner Aussage: "nur weil er wie ein Trottel redet, aussieht und poltert ist er nicht ein Trottel".

https://youtu.be/f1CdbCsetpw

#MAGA and #TheEnd
"It was bad for the world to see the #American people freely #voting for a convicted #criminal, multiple bankrupt, uncouth liar, narcissist, & sexual predator. It was bad enough to see the further politicization of the #legalsystem. This is no advert for #democracy. But what has followed is worse.. Blaming the #USA trade deficit on others is largely absurd. It stems from #overconsumption made possible by the role of the #USdollar" #tRump
https://www.asiasentinel.com/p/maga-end-empire

Is #Trump shorting the #USDollar ?

As the incoming U.S. president threatens to impose steep tariffs on any country challenging the dollar’s global dominance, India has been quietly making overtures to China. https://www.japantimes.co.jp/commentary/2025/01/16/world/sino-indian-relations-are-changing/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #donaldtrump #india #china #brics #monetarypolicy #usdollar #chineseeconomy #indianeconomy #chinaindiarelations

A rate divergence between the U.S. and China erodes the city’s lure as a cheap place for companies to raise funds. It’s time to move on. https://www.japantimes.co.jp/commentary/2025/01/15/hong-kong-dollar-peg/?utm_medium=Social&utm_source=mastodon #commentary #hongkong #us #usdollar #interestrates #currencies #hongkongdollar #fed

The dollar and the yen, now coupled with the Chinese yuan, are in a situation that recalls the 1980s, which has led some politicians to consider creating a Plaza Accord 2.0. https://www.japantimes.co.jp/commentary/2024/07/21/world/plaza-accord-20/ #commentary #worldnews #forex #monetarypolicy #yen #usdollar #yuan #globaleconomy