Post
Topic
Board Economics
Re: Moneyflow towards the Dollar
by
WillyAp
on 30/06/2024, 12:51:07 UTC

It won't last long, US being the engine of the world would not last long, the US dollar is already losing its relevance. Other country are beginning to abandon it as their currency of exchange.

You don't get it do you?
The world's money, 30% flows into the US, a failed state if one listens to you.I don't live there, nor do I wish to do so.   
What drives your US dislikes, or the dislike towards its system.

Capital rides into the US even with troublesome mechanisms like CDO and CMOs as parts of the economic engine. The US Economy is built upon credit. That moves the economy.  Money flows into the US due to safety concerns, due to their fund being secured, a safer bet as BRICS so to say.  If China is so good capital, it would go there.