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The hegemony of the dollar system isn't simply because it is the only game in town. The military, economic and geopolitical factors which underpin it are the re
by aww_dang 6y ago
The hegemony of the dollar system isn't simply because it is the only game in town. The military, economic and geopolitical factors which underpin it are the reasons that it is the only game in town. These underlying factors won't go away simply because the implementation details of the currency change.
Perhaps it will come to pass that the US is no longer the dominant geopolitical player or currency issuer. Davos etc. would prefer to have a supranational hegemon. They have been planning and advocating for this for decades.
It is not hard to imagine globalist interests corralling a multipolar world into their schemes. They need only play the edges against each other until they meet in the middle. They're experts at positioning the goalposts.
Even further afield is the idea that the CCP will take the driver's seat.
Either way, I find it hard to believe that these top-down solutions will provide anything other than a paradigm of increased centralized control as implemented by a single dominant player.
In my view the policy options for CBDC are the primary motivators. Taxation, tracking and 'stimulus' measures are better served by CBDC. It is a technocrat's wet dream.
Who will be implementing it isn't as relevant. If I had to guess I'd say the existing paradigm will continue and the globalist faction will continue to push for dominance. Even Libra was modeled after the SDR.
- anm89 6y agoThe US can't fight the whole world at once. I agree that there won't be any top down solution, and I dont think the usd losing its status means it gets replaced by another individual thing. I think it will slowly fade away as new pipelines open up and my thought was that these talks represent an attempt to open up those types of new pipelines.