this post was submitted on 07 Dec 2024
296 points (96.5% liked)
Technology
60115 readers
2713 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That’s not the point. The US has the power to extract rents; it doesn’t have to use it.
You live in fantasy land if you think the US has that power, any government that tries this would be overthrown.
The thing is… the market disagrees with you. For now. But hey, put your money where your mouth is! I’ll give you a hundred rubles for a hundred dollars. If you really think the US government is impotent and on the verge of collapse…
Haha, which market disagrees? The bond market, the gold market, the bitcoin market, the housing market?
Since we are discussing dollars and not houses, that would be the FOREX market. The dollar is very strong at the moment.
So you don't even know how the bond market and the dollar are related, and you attack my personality when I show your argument is wrong, which you don't understand because you don't understand the bond market.
FOREX is explicitly the market that compares the strength of competing currencies.
I’m aware of how the bond market works. What is your problem with the bond market?