Changes

4 bytes added ,  15:01, September 9, 2025
no edit summary
Line 1: Line 1:  
[[File:Reserve_currency.png|right|300px|thumb|]]
 
[[File:Reserve_currency.png|right|300px|thumb|]]
−
'''De-dollarization''' is the process of freeing countries from use of the [[dollar]] to denominate the values of goods and services exchanged. The use of the dollar means that all of the transactions pass through the [[American]] banking system, which means that the [[United States]] has a [[monopoly]] information flow of who is selling what to whom. This American domination and an exclusive [[commercial]] advantage is removed when [[trade]] is conducted in national currencies and do not go through the United States banking system. De-dollarization is a consequence of American abuse of the power of the dollar as the global reserve currency. It is the abuse of the global financial system by spendthrift [[Congress]]es and the [[Federal Reserve Board]] printing excess dollars and offering nothing of real value in terms of manufactured goods or services to back it up, thus robbing the rest of the planet.
+
'''De-dollarization''' is the process of freeing countries from use of the [[dollar]] to denominate the values of goods and services exchanged. The use of the dollar means that all of the transactions pass through the [[American]] banking system, which means that the [[United States]] has a [[monopoly]] information flow of who is selling what to whom. This American domination and an exclusive [[commercial]] advantage is removed when [[trade]] is conducted in national currencies and do not go through the United States banking system. De-dollarization is a consequence of American abuse of the power of the dollar as the global [[reserve currency]]. It is the abuse of the global financial system by spendthrift [[Congress]]es and the [[Federal Reserve Board]] printing excess dollars and offering nothing of real value in terms of manufactured goods or services to back it up, thus robbing the rest of the planet.
    
==BRICS group==
 
==BRICS group==
Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
293,926

edits