pull down to refresh
I didnt realize the yen was so bit, and gold has shrunk so much.
yes the graph shows how the Americans have forced the whole world onto a usd fiat standard. so they could unload their massive new debt all over the world
Interesting how large it got so quickly.
It's why they're trying to 'democratize' Venezuela so hard
As venezuelan I can assure you that the people who most want real democracy in Venezuela are venezuelans.
If oil is the price... we will pay the price.
off-topic, may I ask how you feel about access to Bitcoin in Venezuela in general? is there any significant adaptation, given the purchasing power problems?
Not venezuelan, but I remember I've read some years ago they were on "binance" standard. I'll post the source if could find it.
Perfect. Thank You
They want Venezuela to use the USD?
no, the principle always works like this: a US-controlled or UK-controlled government is installed, then companies come into the country and negotiate commodity prices that would never be enforceable on the market, i.e. far below market price, and in this way the transfer of wealth begins.the usd follows in this process
Interesting.
Will they fall for it?
There is no wealth to transfer with the actual government, so yes, we would like to "fall" for this.
How much are these reserves in USD? Are we talking trillions or quadrillions?
It's a low trillion figure
Does this include dollar derivatives?
Short term bonds, yes
Sorry. Wrong graphic
https://m.stacker.news/46549