The United States worried about the desire of other countries to get rid of the dollar in the calculations

The White House administration and US authorities should pay attention to the fact that US sanctions may lose their relevance after a while against the background of the growing trend of other countries to get rid of the dollar as a currency of calculation. This was stated by the acting Assistant Deputy Head of the US National Nuclear Safety Administration David Hoagland.

According to Hoagland, the effectiveness of US sanctions is due to the use of the dollar as the main currency for settlements between many countries around the world. According to the calculations of financial analysts, more than 90% of all transactions are carried out in US currency. Washington is used to “punishing the dollar” for any “sins” that run counter to “orders from the White House or the State Department.” However, this may soon come to an end, as some countries have already excluded the dollar from their calculations, while others plan to do so.

There is a very real risk that the tool that we have increasingly used to influence the behavior of our opponents and sometimes even friends may not be as effective as before, after five or 20 years. All these tools are closely tied to the power and influence of the American dollar. This is not going anywhere in the foreseeable future. But we use it to punish everything from hacking to use weapons mass destruction. And our opponents really don't like it

Said Hoagland.

As an example, the official cited countries that fell under US sanctions, in particular, Russia, China and Pakistan, which seek to get out of the influence of the dollar.

Russia tried to replace SWIFT and did not fail in this. These are trends that we should beware of.

- emphasized Hoagland.

Comments

[Invoce]

Russia tried to replace SWIFT and did not fail in this. These are trends that we should beware of.

It was too late to drink the barges when the kidneys refused.
Trust is lost once ... and that's it

[figwam]

Sunset dominance.

[Svarog]

Quote: figvam

Sunset dominance.

While the fat dries, the thin dies ..

[maxim947]

What does the US National Nuclear Safety Authority have to do with this?
They have nothing more to do?
And so ... unfortunately there is no trend to abandon the dollar, they are afraid. And it would be very "fun" for everyone, but there is no other way to reduce the influence of mattresses in the world.

[Shurik70]

US worried

On the third day, the Vigilant Eye observed that there was no wall in the prison cell.

[Mikhail3]

But the fat one cannot survive. The heyday of the dollar is over. I didn’t even think to live up to that ...

[Invoce]

Another reason for the instability of the Amer currency. Any candidate who can become president can overthrow the US economy
[media = http: //ria.ru/20200214/1564672074.html]

[To be or not to be]

figvam (Sergey) Today, 12:46 PM NEW

The decline of dominance. "" "
... and turning the US dollar into a voucher !!

[neri73-r]

Quote: figvam

Sunset dominance.

The beginning of sunset, the day is long.

[Chervonny]

Not yet too noticeable is the movement to refuse to use dollars.
So when they stop speculating in dollars on currency exchanges, then we can safely say that the world community has abandoned dollar dependence.

[Invoce]

Quote: Red

Not yet too noticeable is the movement to refuse to use dollars.
So when they stop speculating in dollars on currency exchanges, then we can safely say that the world community has abandoned dollar dependence.

The United States is not strong $, the dollar is real, taking into account the internal debt of the United States, revalued at times.
The dollar is supported by the threat of the use of armed forces against countries that are against the will of the United States. So it was in Libya when M. Gaddafi urged to abandon the dollar - the United States put forward a plan to strike at troops of Gaddafi's faithful, according to the results of the company won, the dollar strengthened. Previously, the war in Vietnam - the dollar collapsed and the Americans bowed to the USSR and even lifted sanctions (materials can be found on the Internet), an agreement with the Emirates to sell oil for only $ - the dollar began to strengthen, because everyone who needs oil had to buy dollars the United States at a speculative price (the price of a dollar that does not match the value of GDP and the availability of money supply in the United States). Further, the price of $ includes the value of shares on US exchanges. How the value of shares is formed has already become clear to everyone after the 2008 crisis.
In this case, the state economy is like an unstable system, balancing on trust in $ ... If trust disappears, the economy collapses. Everyone understands this, but the US is raising rates like in poker. It’s time to open the cards and then it will become clear how much Apple, IBM and other US companies cost ... and whether then the USA will be able to drain talented human resources from developing countries to pay them a competitive salary

[DymOk_v_dYmke]

Quote: Invoce

The United States is not strong $, the dollar is real, taking into account the internal debt of the United States, revalued at times.

The ability to track and block operations in dollars is more significant than its overvaluation. It is also significant that a certain percentage of each operation goes to the states.

[knn54]

Terrorists will not refuse bucks.

[KCA]

Those who run with an automatic machine will not refuse, but their leadership very much understands that cryptocurrencies are more reliable, do not block the transaction, do not determine the recipient

[Mathafaka]

Are cryptocurrencies more reliable? Bitcoins are a system of payments, not a means of payment. Crypto will not replace the dollar.

[KCA]

So I’m talking about something, and an article about what: The US was worried about the desire of other countries to get rid of the dollar in calculations

[not main]

Quote: Invoce

Russia tried to replace SWIFT and did not fail in this. These are trends that we should beware of.

It was too late to drink the barges when the kidneys refused.
Trust is lost once ... and that's it

Have you noticed that an advertisement for "visa" (VIZA) appeared on TV? And this is already a success, because our map WORLD has already become a pain in their ass! And further on increasing!

[rotmistr60]

Are you worried? And you have more sanctions for everyone and everything, so you still have not to worry so much.

may not be as effective as before, after five or 20 years

Is it too optimistic?

[Mountain shooter]

Quote: rotmistr60

Is it too optimistic?

So I think. 20 years? All this is somehow accelerating more and more. Now China will start selling its "traders" to compensate for the losses from the epidemic, and it will turn out that the US national debt is under a severe blow ...

[Lamata]

Real sunset is still far away, but there is a trend.

[Nyrobsky]

This dollar stranglehold must be thrown off everywhere and come to an alternative payment unit, which, unlike this green paper, will be at least something financially secure.

[Igor Polovodov]

Let it be provided with kilowatt hours

[Nyrobsky]

Quote: Igor Polovodov

Let it be provided with kilowatt hours

The main thing to come to the payment standard that will be measured is a barrel of oil, kilowatt hours, cube of timber, diamond carat, etc. Gold may be an alternative to the dollar. Given that physical gold is being actively bought up in the world, it is surrendering in such a way that everything goes to that.

[DymOk_v_dYmke]

Quote: Nyrobsky

Gold may be an alternative to the dollar.

And where will it be deposited? In the same states?
So talk about gold - un transportable puns.

[Nyrobsky]

Quote: DymOk_v_dYmke

Quote: Nyrobsky

Gold may be an alternative to the dollar.

And where will it be deposited? In the same states?
So talk about gold - un transportable puns.

Come on. Looking at how Venezuela got involved in storing gold in London, where the Britons laid a paw on him, there are hardly any fools who will seek to secure their gold reserves by taking them to the United States or Britain for storage. On the contrary, now a number of countries are taking steps to return their gold from the United States. As for our ingots, they are stored in St. Petersburg, Moscow and Kazan. Iran has been trading for a quarter of a century under US sanctions using barter and gold settlements. Does he also keep gold in the USA?

[Lamata]

The German gold of ushtats, and that’s all, the Germans do not even have access to it

[Nyrobsky]

Quote: Lamata

The German gold of ushtats, and that’s all, the Germans do not even have access to it

Until 2016, Germany had a third of the gold reserve. In 2016, Berlin returned another 366 tons from Fort Knox and expressed its intention to increase the share of gold in its vaults to half of all available stock. I succeeded or not, I don’t know, but the Germans are also slowly scratching their gold home.

[Lamata]

Didn't hear, thanks.

[DymOk_v_dYmke]

Quote: Nyrobsky

On the contrary, now a number of countries taking steps to return its gold from the USA. As for our ingots, they are stored in St. Petersburg, Moscow and Kazan. Iran has been trading for a quarter of a century under US sanctions using barter and gold settlements. Does he also keep gold in the USA?

For a long time they still have to take steps.
And settlements in gold are essentially just price pegs, but in fact it comes down to barter.
For economies, this is a brake.

[Nyrobsky]

Quote: DymOk_v_dYmke

And settlements in gold are essentially just price pegs, but in fact it comes down to barter.
For economies, this is a brake.

I don’t think that physical gold will move in the calculations. Calculation can be made in national currencies which will be proportionally linked to the presence of gold in the treasury of a particular state. But the movement of goods, it is the movement of goods - by barter or by calculation, it does not matter.

[DymOk_v_dYmke]

Quote: Nyrobsky

But the movement of goods, it is the movement of goods - by barter or by calculation, it does not matter.

In bilateral trade - yes,
with multilateral - no.
Gorbachev's cancellation of settlements in the CMEA transferable ruble became the starting point for the collapse of the economies of the CMEA countries. For calculations, you need assets, units "moved by the button".

[Genry]

Quote: DymOk_v_dYmke

For calculations, you need assets, units "moved by the button".

You are attached to physical gold. But there is a virtual one, the more they trade now, under the guise of gold.
In addition, when there was no dominance of the dollar, the banks of the countries simply carried out aggregate settlements and only the imbalance (for a year or ...) was covered by physical assets. Everything was tied to guarantee agreements.

[Old Michael]

Settlements in gold are essentially only price pegs, but actually come down to barter.
For economies, this is a brake.

the movement of goods, it is the movement of goods - by barter or by calculation, it does not matter.

International barter does not slow down the economy, it deprives the world financial oligarchy of income, i.e. owners of bank capital, earning from the sale of money and settlement mediation.
Another thing is domestic barter, in which the state treasury loses revenue in the form of taxes.

[paul3390]

Nuclear warheads .. And if the currency falls - you can always declare a sale of reserves ..

[Irokez]

According to the calculations of financial analysts, more than 90% of all transactions are carried out in US currency.

Here it is monopoly and parasitism on it.
While the dollar is in force, the US is strong.

[Vyacheslav Viktorovich]

The dollar once again crashes over the waters of the Atlantic Ocean for 325 series.

[Alexga]

As soon as states evade payments in the US currency, the US Treasury loses the right to legally impose sanctions on the subjects of such trade relations. That is why many people want to avoid paying in US currency for hydrocarbons, but sellers refuse, which means they have a profit in this.

[Irokez]

Quote: AlexGa

then they have a profit in this

Not profit, but fearhhhhhh.

[Alexga]

This is where the question arises for some leaders of the state - what is the term "state sovereignty" in their understanding.

[Genry]

Quote: AlexGa

and a question arises for some leaders of the state - what is the term "state sovereignty" in their understanding?

And in which countries there is no Central Bank and has its own State Bank? All Central Banks comply with the IMF instructions and being independent (from the country of reference) and the only financial manipulator (discount rate, increase-depreciation of the national currency), they manage the government, not forgetting the interests of their owner, allowing him, simply by playing on the financial exchange, to and legally pump out resources.
If you have a Central Bank - then there is no sovereignty and you give away your income ....

[Alexga]

Oi did not know that Russia in the Crimea does not have its sovereignty. Are you not mistaken?

[Genry]

Quote: AlexGa

Oi did not know that Russia in the Crimea does not have its sovereignty.

Even in the absence of sovereignty, you can play to your advantage and sometimes win.
In Crimea, there was a political decision, contrary to external management through financial pressure, primarily through the Central Bank. Moreover, it was Putin’s personality who played the role, and not the general bureaucratic system. Under Medvedev, this would be impossible.
If there was a State Bank, instead of the Central Bank, then Russia would have almost complete sovereignty. It is also necessary to clear the Constitution of the "priority of international law."

[T.Henks]

In Crimea, not a single bank, caressed by the Central Bank. Except the one. Suggest a name?

[Local from the Volga]

Which one? RNCB?

[ANB]

More GenBank. And they are slowly coming in. And the dominance of Sberbank is not, and that's good.

[T.Henks]

Right. He has the U.S. sanctioning drum. 100% state bank.

[Professor Preobrazhensky]

Well, krants America !!!
There was a recent report on Yellowstone ...
The states will die from sadomy, recently they heard a speech here ...
Speakers said that God would turn his back on the states, as Vanga predicted ...
There was also a speech about impeachment and decline of North American civilization ...
Now, in the common piggy bank of troubles and the United States - the rejection of the dollar ...
I went for popcorn and I will watch how an enemy country dies to us.

[2 Level Advisor]

and about. Assistant Deputy Head of the US National Nuclear Safety Administration David Hoagland - WAS CONCERNED .. People, how and where in the network can you find the opinion of "IO assistant"? I am kind of delighted with the skill .. well, at least not "according to an authoritative source" or "Acting third freelance assistant to the second deputy mayor" .. And the point is what? Stripes want to steer forever? News however ..

[evgen1221]

So I wonder if it’s not a homemade spill (news for comments). The politician suspiciously correctly speaks, and he is not an ex, but at work. This does not happen in their dictatorship and with a shy strictly.

[Lord of the Sith]

The United States worried about the desire of other countries to get rid of the dollar in the calculations

Who would doubt that the hegemony of the United States on an unsupported dollar is built and if no one uses their dirty green paper, then the power of the United States will collapse right there.

[KBaHT_BpeMeHu]

The US is worried about the desire of other countries to get rid of the dollar

As an option, you can help the states with kindness of heart, throw a couple of lard dollars with us printed.

[Genry]

Quote: KBaHT_BpeMeHu

throw a couple of lard dollars with us printed.

Where are you going to get them? Suppose you bring them to an American bank, no one will accept from you .... even real ones and relatives.

[1970mk]

Yeah .... you read analytics and you wonder ...
The turn of Russian economic policy to the East, announced after the annexation of Crimea and a sharp deterioration in relations with the West, turns into a "cold shower," writes Finz.ru.

An attempt to attract China to dedollarization and formally secure the transfer into national currencies of mutual trade was unsuccessful.
China has refused the agreement

China refused to sign an intergovernmental agreement with Russia on settlements in national currencies, which has been prepared since 2014 and which Russian officials considered to be a practically settled case.

"We moved away from this format at the suggestion of the Chinese side," said Finance Minister Anton Siluanov.

According to him, options such as an agreement or at least a memorandum of intent were discussed. However, it was possible to agree only on further “negotiating between the national banks, the Ministry of Commerce of the PRC and the Ministry of Finance of Russia”.

However, Siluanov emphasized that settlements with China in national currencies are growing without an agreement. According to the Central Bank, 73,6% of import transactions from China are paid in dollars (against 85% three years ago).

In export contracts, the share of dollar settlements is higher. It is 88% and remains virtually unchanged.

This creates serious problems: due to the threat of sanctions, about 30% of all dollar payments by Russian companies are delayed or freeze, with the bulk being from counterparties from Asia, Siluanov said.

Sometimes you have to wait up to three months. “It is easier to get settlements with American companies than with Asian ones, since there is a procedure for agreeing on the possibility of such settlements,” the minister explained.

Although China did not impose formal sanctions against Russia, its banks de facto joined the financial restrictions of the United States and the European Union: they refuse to conduct foreign exchange transactions with Russian banks, significantly reduced their participation in foreign trade transactions, in particular trade finance, complained back in 2015 year, VTB Deputy Chairman Yuri Soloviev.

For three years, the situation could not be moved from a dead point. Commercial banks in China delay transfers to the accounts of Russian banks or refuse to make payments at all, complained in September 2018 the head of the Central Bank of the Russian Federation in China Vladimir Danilov.

“The problems are connected with the extended interpretation by several Chinese banks of restrictive measures of third countries,” he explained: transactions that are not even included in the sanction lists of companies fall under the block.
Hopes for Chinese investors also ended in nothing

According to the Central Bank, foreign direct investment from China to Russia is declining for four consecutive quarters, and in January-June 2018 it fell by 24%.

According to the results of the first half of 2018, Chinese investors took $ 1,005 billion from the real sector of the Russian economy, and their total investment fell to $ 3,184 billion. This is a third less before the annexation of Crimea ($ 4,542 billion).

[Arthur 85]

Regarding nuclear safety, sho is typical ... They know, they know what they all really stand for, and their nuclear shield, and all the technologies that were brought in from all over the world.

[Roman070280]

maybe not as effective as before, after five or 20 years.

Or after 50 ..
Or maybe it will remain the same ..

[Super]

And the end of the United States is not far off. The dollar has long been worthless. It's just a piece of paper without any security.

[krops777]

Washington is accustomed to "punishing with the dollar" for any "sins" that run counter to "orders from the White House or the State Department."

Well, as one satirist said: For what they fought for it and ran into it.

[Super]

Not for nothing that now more and more countries are switching to rubles, especially when trading with Russia.

[Finn]

Swift is cool. We go slowly but surely, went down the mountain and we will love the whole herd.

[Oyo Sarkazmi]

Iran completely abandoned settlements with India in dollars, and mutual trade increased by 70%. 4 Iranian banks are directly connected to the Russian settlement system.
So in small steps we move towards independence.

[cniza]

As an example, the official cited countries that fell under US sanctions, in particular, Russia, China and Pakistan, which seek to get out of the influence of the dollar.

And they will come out, and not only they, and this process will only increase.

[Zaurbek]

That's right ... if you sell a product on the foreign market for $, and then you can’t spend it on what you need (for various reasons), then you are looking for another currency or gold.

[Pastor]

As long as there is a modern system of central banks, the dollar can be calm. However, the water wears away the stone, and we have already begun to change this system. Here, we redeem Sber, and for amerskie pieces of paper. I hope the GDP knows what to do.

[Elephant]

The Americans were worried, so they stepped on a living place!

[samarin1969]

American Koshchei's egg is not badly guarded. The fate of Strauss-Kahn and Gaddafi is an example.
It is clear to everyone that 23 trillion in debt and the Fed's virtual exploits are beyond fairness and understanding. But those who disagree are "corrected" without unnecessary sentimentality.

[fif21]

America will collapse and become a second-rate country as soon as the world gives up paper with mattress Presidents. Many people do not like the desire to impose "democracy" on the world according to American standards. The power of the dollar is coming to an end and it pleases! At the meeting of the oil exporting countries, it is necessary to discuss the transition to payment in national currencies. Everyone wins (except cowboys)

[Antokha]

and about. Assistant Deputy Head of the US National Nuclear Safety Administration

Not a financier or economist at all.
Not the head of the National Nuclear Safety Administration.
Not a deputy head of the National Nuclear Safety Administration.
Not an assistant to the deputy head of the National Nuclear Safety Administration.
And the acting of this assistant.
Big figure, his statements are news!

[Victor March 47]

Quote: KCA

Those who run with an automatic machine will not refuse, but their leadership very much understands that cryptocurrencies are more reliable, do not block the transaction, do not determine the recipient

Any cashless payments are traceable. There is no anonymous cash payment. Isn't that why gangs cash out (launder) the loot with well-known methods?

[voyaka uh]

So far, the euro is falling. The dollar and the euro threaten to catch up.
Pound popped up after Brexit.

[lvov_aleksey]

SWIFT is a tricky topic, you forgot unless the company that created this standard does not belong to the star-striped, because they were burned, but they wanted to.
https://ru.wikipedia.org/wiki/SWIFT
ps if we are talking about SWIFT, why do you go away, if you don’t know, don’t be losers (shut up) !!!

[agond]

Siluanov is shallow, only his words about the large expenses for pensioners are worth what, the real Minister of Finance should be concerned not with large expenses, but with low incomes. On the issue of China's refusal of agreements on settlements in national currencies, so obviously they do not want, but why generally ask their desires? we ourselves can explicitly impose such calculations on China, if we need it, one presidential decree, and if any of the Chinese continue to want dollars, let them look for buyers elsewhere.

[ANB]

SWIFT is not a payment system at all. Disconnecting from it does not stop the calculations, only makes them less convenient.
By the way, our analogue will be even abruptly as planned. Only slowly introduced.