but what if everyone wants to be paid in dollars?
Screenshot 2023-03-23 at 07-04-59 kanekoa.substack.com no Twitter.png

@11112011 no russian energy i guess

@skells found who agrees wit u
Screenshot 2023-03-23 at 07-41-02 The Vigilant Fox 🦊 (@VigilantFox) _ Twitter.png

@11112011

@skells its not opinion, everyone knows its bs, u cant be a reserve currencie if u run a surplus

@11112011 no idea dude, i thought they're all hot and botthered over the BW3 thing not jut yuan

@skells very bothered, why would anyone take yuan for oil? buying chinese bonds?

@11112011 bro i literally have no idea lol

@skells so theres this dudes that run a deficit, and then theres the other side of the trade that runs a surplus and buys the deficit

@skells its a perfect balamce sheet despite what u may read

@11112011 yeah slowly realising this recently

chinese bonds doesn't sound crazy though, can't buy american

could also buy gold, and I think the chinese are trying to move up the production chain, could import finished goods

tbh I've not seena good reason that BW3 couldn't work in the global south, basically just a centrally backed gold coin which you can trade for wahtever your local currrency is right, wether thats yuan, rubles or rupee

not my prediction, just "muh muhrica" isn't an argument against it

even though I reckon america gonna be fine, europe just gonna slow down for a bit, assuming soros et al. peacefully fade into that good night, maybe alexander geta day job, man can dream

@skells just dont be a dollar is diyng always on the lookout for something that validates that view, bc it aint habbening