Let me give you an analogy. Imagine a high security prison where all the real heroes are imprisoned, and has been around for decades. Every single time someone escapes it, they are shot dead. No exceptions.
Now suddenly one guy escapes the prison. Then another. Then 3 more. None of them shot dead, none of them caught, none of the tortured.
The warden says - "Compare the side of the prison population to the size of the population that escaped"
This comparison is inherently flawed, because the very fact that one prisoner escaped without repercussion means, soon everyone will, regardless of the size.
From my perspective, it is quite simple. The eurodollar market, specifically the non domestic dollar market = M2, is quite an enigma for those not in the know. The current market is beyond the 19 trillion dollars(2021) and it would not surprise me if the current value is north of 20T.
Compare it to the fledgeling Brics currency market. Of course, when things change, like France paying for gas in Yuan, it taking away from this market at first sight. Little tiny bits.
Perhaps the significance of France doing such a thing relates to Africa, where France still is in control of the local currencies.
Then there is something else to consider. This eurodollar market grows in size thanks to inflation. Big does not mean sturdy. Just a size. However, this market has an underpinning. And it is this underpinning that needs to be considered in comparison to what the BRICS are doing in order to assess potential consequences.
For instance, the simplicity with which this topic is approached is rather stunning.
This of course, is only a potential. Not every Indian is going to export to Russia. However, with economic growth and a participation rate growing in that growth for the population at large, yeah, then you would have something.
Yet, in comparison, at least a billion people underpin the euro-dollar market. Comparing economical data, then I would conclude that the India Russia scheme is far from mature.
Is the move important? I think so. Does it mean the immediate death of the dollar, I don't think so. Does it convey more liberty in trade to Russia and India (a country deeply intertwined in weapons deliveries from Russia? I would say so, as the US foreign policy component, which is duly controlled by the deep state, is lessened. A soft power weapon like swift, loses it's potency.
Of course, what I am writing here, is not everything, just a pointer.
These things are good to consider.
However, compare it to the Euro-dollar market.
What would you like to compare with Euro-dollar market
The size of the Brics currency market to the euro-dollar market. Due to changes, this may take a hit. This is where inflation comes in.
Let me give you an analogy. Imagine a high security prison where all the real heroes are imprisoned, and has been around for decades. Every single time someone escapes it, they are shot dead. No exceptions.
Now suddenly one guy escapes the prison. Then another. Then 3 more. None of them shot dead, none of them caught, none of the tortured.
The warden says - "Compare the side of the prison population to the size of the population that escaped"
This comparison is inherently flawed, because the very fact that one prisoner escaped without repercussion means, soon everyone will, regardless of the size.
I am not sure what you are trying to say.
From my perspective, it is quite simple. The eurodollar market, specifically the non domestic dollar market = M2, is quite an enigma for those not in the know. The current market is beyond the 19 trillion dollars(2021) and it would not surprise me if the current value is north of 20T.
Compare it to the fledgeling Brics currency market. Of course, when things change, like France paying for gas in Yuan, it taking away from this market at first sight. Little tiny bits.
Perhaps the significance of France doing such a thing relates to Africa, where France still is in control of the local currencies.
Then there is something else to consider. This eurodollar market grows in size thanks to inflation. Big does not mean sturdy. Just a size. However, this market has an underpinning. And it is this underpinning that needs to be considered in comparison to what the BRICS are doing in order to assess potential consequences.
For instance, the simplicity with which this topic is approached is rather stunning.
This of course, is only a potential. Not every Indian is going to export to Russia. However, with economic growth and a participation rate growing in that growth for the population at large, yeah, then you would have something.
Yet, in comparison, at least a billion people underpin the euro-dollar market. Comparing economical data, then I would conclude that the India Russia scheme is far from mature.
Is the move important? I think so. Does it mean the immediate death of the dollar, I don't think so. Does it convey more liberty in trade to Russia and India (a country deeply intertwined in weapons deliveries from Russia? I would say so, as the US foreign policy component, which is duly controlled by the deep state, is lessened. A soft power weapon like swift, loses it's potency.
Of course, what I am writing here, is not everything, just a pointer.
I'll give it a shot.... instead of hillbillary clintocunt killing Gaddafi or bush killing sadam etc...
the globohomos are POWERLESS to stop it this time...
little dutch boy has run out of fingers.
The dollar is dead.