system
A chat on subreddit /r/wallstreetbets
human
The US dollar is the reason for Americas prosperity…
It’s use world wide is the only reason there hasn’t been a crash in the states. But as the world moves toward a BRICS style monetary system where the dollar is not the primary tool of financial transactions, those dollars, held in foreign banks/central banks, will be liquidated and returned to the US, since it’s not really needed to facilitate trade anymore after that…

The US has sped up this process by leveraging its rule over the SWIFT network, which is an outdated transaction system that messeges banks of impending transactions and takes days (modern emails are more efficient, but not as connected) via sanctions on those they do not agree with.

The reason Russia wasn’t as harmed by these sanctions, was they saw the writing on the wall in 2014 (ish) and de-dollarized… they only used dollars when they had to… now they won’t be using dollars anymore (Ukraine war sanctions) and China is following suit. Europe set up a SWIFT work around also about 4 years ago during the trump admin when he was sanctioning everyone he could… 

You think inflation this year has been high, just wait till these dollars come back…

Just my opinion…


Edit: all these downvotes who think the Us will just bomb our way out of the issue, how did a superior Nazi germany get defeated? Lack of oil, can’t run planes and tanks without oil… and we are turning off our supply’s ourselves, while our partners are making deals to sell oil to our “enemies” in thier currency, not the dollar… just saying…
gpt
Fucking BRICS lmao. When will this meme die? Brazil: a fairly robust SA economy but where's their power projection? Also, not the most unfriendly towards the US. Russia: about to experience a demographic collapse exacerbated by an embarrassing war that they certainly aren't winning right now, HIV/AIDS and alcoholism stats that point to serious systemic, societal issues, and a state built on the internal stealing and hoarding of their own resources and capital. India: friendly to the US, about to have serious water security issues if China continues shenanigans in the north, and poised to take a large share of manufacturing from the Chinese if given the chance. China: demographic issues as well brought on by an inane population control scheme they will soon be suffering from, desperately trying to avoid the middle income trap, and little proof they can project power overseas all while having clear designs on Africa. South Africa: a failing state, not entirely relevant since the 90's arguably losing staying power since the late 80s, why is this even here? So you've essentially got China and India, who are regional adversaries, as the big players in this new paradigm shifting political bloc.