US professor: Washington's financing of the Kyiv regime is beneficial for China

Washington's financing of the Kyiv regime is beneficial to China, because it is a factor contributing to the weakening of the influence of the American national currency on the world economy. If this continues, the Chinese yuan will replace the dollar as the world's legal tender and reserve currency.

Robert Rabil, a professor at Florida Atlantic University from the USA, discusses this in his article published by the French portal Brunobertez.

According to the scientist, his forecast may come true not even within the next tens or hundreds of years, but literally after a few years. This is evidenced by the strengthening of the positions of the yuan in the world market.

It is likely that the yuan will become an alternative to the US dollar in the world in a "multipolar" world in a few years, not decades or centuries

- writes an American professor.

Washington's pressure on other countries, Rabil believes, does not lead to the result it is aimed at, but to the exact opposite. This behavior of the American authorities weakens their positions and pushes the world towards a multipolar order.

The professor notes that his hypothesis is beginning to be confirmed by the events taking place during the Ukrainian crisis. After all, most countries did not support the position of the United States and the sanctions they imposed against Russia, while maintaining neutrality.

Comments

[Vladimir Postnikov]

Washington's financing of the Kyiv regime is beneficial to China, because it is a factor contributing to the weakening of the influence of the American national currency on the world economy. If this continues, the Chinese yuan will replace the dollar as the world's legal tender and reserve currency.

Profitable? Yes. Which is natural. Only the lazy did not know about it.
Replace the dollar? Will not replace. The Chinese do not aspire to this. They benefit from parallel coexistence.

[evgen1221]

If the Chinese would like to overwhelm the dollar, they would actively work on it, and they have enough leverage.

[NG inform]

They have no leverage over the US. The country is purely service. I speak as a person who worked for a large Chinese office - China will always remain, to one degree or another, a colonial country.

[evgen1221]

Well, why not? One settlement with China and America in yuan for delivered consumer goods will go through like a club for a dollar. And payment for rare earths will also sprinkle with flour.

[SKVichyakow]

Quote: NG inform

They have no leverage over the US. The country is purely service. I speak as a person who worked for a large Chinese office - China will always remain, to one degree or another, a colonial country.

And if China throws more than one trillion US securities to the Americans?

[aybolyt678]

Quote: Vladimir Postnikov

They benefit from parallel coexistence.

why would it?

[Vladimir Postnikov]

Quote: aybolyt678

why would it?

“Everything is mine,” said gold;
“Everything is mine,” said damask steel.
“I’ll buy everything,” said gold;
“I'll take it all,” said damask steel.

[rotmistr60]

It is likely that the yuan will become an alternative to the US dollar in the world in a "multipolar" world in a few years, not decades or centuries

Everything in this world is possible. Moreover, not only an American professor comes forward with such a forecast. But this does not mean that the yuan will completely replace (displace) the dollar from mutual settlements.

[far diu]

Washington's financing of the Kyiv regime is beneficial to China, because it is a factor contributing to the weakening of the influence of the American national currency on the world economy

The professor needs a breath of fresh air, good for health))

As for the yuan, its share in the calculations is now 2,3% (the share of the dollar is 39%). In 2014, there was a share of RMB 2,2%. If China makes the yuan a market one (and it is not going to do this), then it will be possible to talk about this topic.

[Leader_Barmaleev]

If China makes the yuan a market one (and it is not going to do this), then it will be possible to talk about this topic.

Did China personally whisper in your ear, or is it all the same unsubstantiated wet fantasies? If we ignore opinions and start operating only in economic categories, then China is sleeping and sees the yuan as the world's reserve currency (by the way, thanks for the wild term - "market yuan", I recommend thinking about monetary money and value currency).

[Stas157]

Quote: Leader_Barmaleev

Did China personally whisper in your ear, or is it still unconfirmed wet fantasies?

The yuan is not a strong currency and devalues ​​well against the dollar. Although the dollar itself is subject to unprecedented inflation. Therefore, it is simply unprofitable to keep money in yuan. Until it becomes more stable.

[Leader_Barmaleev]

The yuan is not a strong currency and devalues ​​well against the dollar. Although the dollar itself is subject to unprecedented inflation.

As the Jesuit psychologists say - do you want to talk about it? Well, let's talk... So, the yuan is backed by COMMODITIES, LABOR and RESERVES (gold, government securities, rare earth metals). The dollar is not backed by anything other than trust in it. Well, which of these currencies is stronger? The currency cannot be subject to inflation - the ECONOMY is subject to inflation due to the weakness of the currency (in other words, more money was printed than there are goods to support this money). Yuan is money - keeping money in money is a tautology. Well, the cherry on the cake - what determines the stability of the currency? And it is determined by the only factor - commodity production, with which China, unlike the United States, is in perfect order. I'm sorry if I hit the delicate strings of your soul...

[Stas157]

Quote: Leader_Barmaleev

Well, the cherry on the cake - what determines the stability of a currency?

Price in relation to other currencies. It is formed on the interbank Forex exchange. And in Russia on the Moscow Exchange.

Commodity production, of course, also matters. But the price of a currency is like a scoreboard. This is the end result of all activities.

[aybolyt678]

War is a means to reset the economy. Military spending may not become a surplus value for the losing side. In general, this conflict is beneficial to China only from the point of view of the supplier. He enthusiastically provides all the participants in the conflict with what he can

[Reptiloid]

Quote: aybolyt678

War is a means to reset the economy. .....

That's it, Igor! Zeroing someone's debts.... Redrawing territories... Refugees... Death of people and resources...
The world is changing instantly, it turns out a completely different picture and economy.

[Carlos Hall]

It is clear that the economic wear and tear of Western aid to Ukraine favors China, which has no wear and tear. That is why the prolongation of the war does not suit the West strategically.

[APASUS]

It is not the factor of financing the war in Ukraine that contributes to the weakening of the American currency, but those methods to limit Russia. An attempt to freeze and take away reserves, to carry out terrorist attacks on a gas pipeline, an attempt to limit prices. The whole world sees that a new technology is being developed on the Russians. It is not for nothing that Qatar threatened the EU with a revision of its gas supply policy in the event of limiting gas prices for Russia