Academician Glazyev told when to expect the dollar collapse


Russian economist and politician, former adviser to Russian President Vladimir Putin, academician of the Russian Academy of Sciences Sergei Glazyev told the Internet publication "Politnavigator"when to expect a collapse of the US dollar.


Glazyev noted that the US presidential elections in 2020 are accompanied by serious upheavals in American society, irreconcilable political confrontation and economic problems of the country. He drew attention to the fact that the closer the date of voting for the head of state, the more fierce the clarification of relations between the American political forces becomes.

In his opinion, this election campaign will not end on the counting of votes, since the parties entered into an open and violent confrontation. The losing side may not accept defeat and refuse to accept the results, which can lead to major cataclysms in the United States. Naturally, this state of affairs simply cannot but affect the American currency.

There will be further socialpolitical shocks, so the dollar should weaken, not the ruble in such a situation. Confidence in the dollar is falling, the world is abandoning it. If 10 years ago the share of the dollar in world settlements was 80%, today only 40%

- he explained.

Glazyev clarified that Beijing and Moscow are reducing their dependence on the dollar, building financial and economic defense against possible negative consequences.

No shocks in the US should negatively affect the ruble. They will negatively affect the dollar, because the US budget deficit is already more than 30%, which was not even during the Second World War.

- he is sure.

Glazyev believes that the US financial system is going bad. He recalled that economists are now arguing only about the timing of when the dollar system will cease to exist and latent inflation will turn into an open form.

Let's say the price of meat has already doubled in America. Therefore, the transition to galloping inflation and the collapse of the dollar is a matter of several months.

- summed up Glazyev.

Note that recently academician сообщилwho is behind the collapse of the Russian ruble.
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  1. Sergey Latyshev (Serge) 6 October 2020 11: 59
    -7
    Ha, the weekly tale continues ...
    USD 78,52 + 0,41.
    Those who have real money do not believe in fairy tales ...
    1. Division Offline Division
      Division (Division) 7 October 2020 14: 58
      +2
      If 10 years ago the share of the dollar in world settlements was 80%, today it is only 40%.

      Refute. If you are not a storyteller.
      1. Sergey Latyshev (Serge) 7 October 2020 15: 04
        -3
        Crash and share are two different things. The basics are not even economics, but common sense.

        USD 78,25 -0,22.
        Those who are in power do not believe in a collapse of up to 30 rubles, or up to 60, or even 65 ...
  2. Cudgel Offline Cudgel
    Cudgel (Dubina) 6 October 2020 12: 05
    -7
    ... Glazyev clarified that Beijing and Moscow are reducing their dependence on the dollar by building financial and economic defense against possible negative consequences.

    - the turnover of Moscow and Beijing - 110 billion dollars (partially in rubles), the turnover of Beijing - Fashington 540 billion (all in dollars). I think the Americans did not even notice that the Russian Federation and China are trading in rubles (yuan).
    Against the background of the catastrophic fall of the ruble (yes, you can congratulate the ruble, at the moment the most falling currency in the world of all developing economies, a breakthrough according to Putin), you can indulge yourself with such maxims:

    ... economists are now arguing only about the timing of when the dollar system will cease to exist and latent inflation will turn into an open form ...

    The price of meat jumped, but the percentage of mortgages in damn America fell even more.
    1. kapitan92 Offline kapitan92
      kapitan92 (Vyacheslav) 6 October 2020 23: 46
      0
      Quote: Cudgel
      Against the backdrop of a catastrophic fall of the ruble (yes, you can congratulate the ruble, at the moment the most falling currency in the world of all developing economies

      Yours is not true, comrade! We (the ruble) occupy an honorable 3rd place after Turkey and Brazil, but there is every chance of reaching the 2nd, in the near future. laughing
  3. Dmitry S. Offline Dmitry S.
    Dmitry S. (Dmitry Sanin) 6 October 2020 12: 10
    +2
    The dollar is very similar in essence to the IOU of a visiting gypsy who took your money on his word of honor. Personally, I somehow do not really understand how you can pay with money, the volume of which is hundreds of times larger than what should provide them?
  4. Alexzn Offline Alexzn
    Alexzn (Alexander) 6 October 2020 12: 54
    -9
    Quote: Dmitry S.
    The dollar is very similar in essence to the IOU of a visiting gypsy who took your money on his word of honor. Personally, I somehow do not really understand how you can pay with money, the volume of which is hundreds of times larger than what should provide them?

    If you don't understand personally, ask.
    What makes you think that the amount of money is hundreds of times ...? What makes you think that money should be backed by something? It may be better to use the word MEET, the amount of money should match ...
    1. Dmitry S. Offline Dmitry S.
      Dmitry S. (Dmitry Sanin) 6 October 2020 17: 19
      +2
      Don't you know the Jerome Daily v. Fed case? In reality, only 3% of the dollar supply was then provided in the United States, it turns out that the remaining 97% is simply nothing. This was the case in 1969. Since then, so many pieces of paper have been printed that in order to partially provide them, it is necessary to increase the US GDP by 200% annually for 10 years in a row.
      1. Alexzn Offline Alexzn
        Alexzn (Alexander) 6 October 2020 18: 05
        -6
        Provided with what? Designate the concept SUPPLIED.
        1. Barmaley_2 Offline Barmaley_2
          Barmaley_2 (Barmaley) 6 October 2020 22: 20
          -1
          For many decades all over the world money has been fiat. And for a long time money is provided not by the presence of gold and other material aggregates, but by the technological and other level of development of the state and society. Just the transition to fiduciary money allowed ALL the leading world economies to produce accelerated development at the expense of correct credit policy and accelerated reproduction of fixed assets for saturation with goods and services.
        2. Dear sofa expert. 6 October 2020 23: 00
          +2
          Provided with what?

          Goods.
          The emission of money in excess of inventories distorts the production structure and redistributes funds between economic agents (the Cantillon effect).
          1. Barmaley_2 Offline Barmaley_2
            Barmaley_2 (Barmaley) 7 October 2020 12: 07
            -2
            this is true for the currency of the local economy, but not for the world currency. And in addition to commodity stocks, there are other mechanisms for sterilizing excess money supply.
            1. Dear sofa expert. 7 October 2020 13: 15
              +2
              this is true for the currency of the local economy, but not for the world currency.

              The problem is that there are dollars for external circulation that can be printed by turning on the machine. Their turnover is monitored by the Federal Reserve, the CIA and the FBI, they are withdrawn from circulation and taken out again abroad. The external dollar, if too much of it suddenly appears, then the United States, as a last resort, may simply refuse to accept it.

              And the "domestic" dollar must be backed by "goods". Otherwise tryndets.
              1. Barmaley_2 Offline Barmaley_2
                Barmaley_2 (Barmaley) 7 October 2020 13: 44
                -2
                tryndets - this is your ec-kie knowledge. I recommend that you first get acquainted with the concepts and how the excess money supply is sterilized in developed countries.
                1. Dear sofa expert. 7 October 2020 14: 46
                  +1
                  tryndets is your ec-kie knowledge.

                  Yeah. Tryndets is the same "Cantillon Effect"

                  When the government prints money and puts it on the market, the prices of goods do not rise evenly - the prices of some goods increase faster than others. This is a consequence of the fact that the new money supply, which was released by the state, turns out to be with some economic agents faster than with others, and therefore the former enjoy all the benefits of this money before prices increase due to the infusion of new money supply. That is, some people use more money at low prices, while other people receive this money only after prices rise, just as the value of all the savings that people have made falls, since the value of one unit of money has become below.
                       The distortion of the production structure due to the increase in unsecured money is the basis of the theory of economic cycles.

                  I recommend that you first get acquainted with the concepts and how the excess money supply is sterilized in developed countries.

                  Well now your way out, oh great economist!
                  Please acquaint me (and everyone) with your "concepts".)
                2. Dear sofa expert. 7 October 2020 19: 53
                  +1
                  Didn't hear a clear answer about "concepts".)
      2. The comment was deleted.
      3. Boris Te Offline Boris Te
        Boris Te (Boris Te) 6 October 2020 22: 29
        0
        So our rubles are 100% secured? I wonder what? Can you share?
        As for "increasing the US GDP by 200% for 10 years in a row", you are clearly getting excited - the external debt per capita is $ 77t. slightly more than the average salary per year for 1 American. In terms of dollars and counting 46tr avg. salary in the Russian Federation is only twice as much as our external debt of the Russian Federation. However, I didn’t hear from anyone screaming "Horror, horror, we have such an exorbitant duty!"
    2. Dmitry S. Offline Dmitry S.
      Dmitry S. (Dmitry Sanin) 7 October 2020 15: 05
      +2
      Tell me, so dark, how is Bitcoin secured? Just don't appeal to the "social contract".
      Any convention adopted by the majority is stupidity, because the director laughs stupidly, bastard, at the majority.

      Why do flocks need the gifts of freedom?

      AS Pushkin
  5. Tektor Offline Tektor
    Tektor (Tektor) 6 October 2020 17: 16
    +1
    The dollar will end exactly when they stop paying for oil. After all, the value of the dollar outside the United States lies precisely in the fact that oil is quoted in it. There is a limited amount of dollars outside the US, and they are in short supply among the players in the rest of the earth, so oil costs immeasurably less in dollars than it really is. And the dollar within the states has been printed at an accelerated pace for many years, which creates a disparity: its real value within the states is much lower than outside. This contradiction can be exposed by canceling the dollar payment for oil.
    1. Tektor Offline Tektor
      Tektor (Tektor) 7 October 2020 14: 17
      0
      In the framework of OPEC, I would agree to pay for oil in a conventional unit consisting of the yuan and 10 rubles.
  6. Galya Ivanova Offline Galya Ivanova
    Galya Ivanova (Galya Ivanova) 6 October 2020 17: 39
    0
    Almost every day they declare a collapse, and again a collapse. What's next.
  7. Natan bruk Offline Natan bruk
    Natan bruk (Natan Bruk) 6 October 2020 17: 48
    -7
    Glazyev is already becoming just an anecdotal walking anachronism.
    1. Alexzn Offline Alexzn
      Alexzn (Alexander) 6 October 2020 18: 11
      -4
      Why does it become? Its in the economy. circles have always been considered a jerk.
  8. Oleg Rambover Offline Oleg Rambover
    Oleg Rambover (Oleg Rambover) 6 October 2020 18: 04
    -4
    Are such people really accepted as academicians? Now it is clear why our economy is not doing well.
  9. Alexzn Offline Alexzn
    Alexzn (Alexander) 6 October 2020 18: 09
    -7
    Quote: Dmitry S.
    Jerome Daly v Fed

    Are you serious about this nonsense?
  10. Roman Stolbov Offline Roman Stolbov
    Roman Stolbov (Roman Stolbov) 6 October 2020 19: 24
    0
    The green would sooner fall in price, it's time for the Russian people to buy currency in kilograms, or as the classics put it in barrels and do not shake that the ruble depreciates or devalues ​​again, so to speak, the stability and interests of the Russian people are above all.
  11. DPN Offline DPN
    DPN (DPN) 6 October 2020 21: 03
    +1
    Only with the beginning of the war, they will not want to repeat the path or the end of the USSR. They have no fools.
  12. lahudra Online lahudra
    lahudra (Nikolay Kondrashkin) 6 October 2020 21: 04
    -2
    The tongue-tied academician beats the humorists' bread. The son snatched the Tajiks out of the hands of his daughter-in-law and, to celebrate, went peddling. Although the Americans are sorry for their meat, which has risen in price, diseases will starve.
  13. Barmaley_2 Offline Barmaley_2
    Barmaley_2 (Barmaley) 6 October 2020 22: 13
    -2
    Glazyev, as always, is 100% right. Even 120%. Just remove the US country from the text and change it to another, and under every word I would subscribe to it. I will not understand purely ec-x issues, such as calculations in $ dropped to 40% (why did he suck such numbers?), I just would like to ask him to SOUND a different concept of the ec-ki development of the world ec-ki (the leading capital of the world) than the existing American one. Yes, the American model is collapsing. Or rather - And it will be changed someday, but NO ONE in the world has any replacement. Even the Chinese have nothing to offer in return. China and the United States are two sides of the same coin. The US dollar will collapse. It will surely collapse. But it will be the last one to collapse. from currencies. And only when the military-technological dominant of the United States degrades more strongly in comparison with its main competitors. And the US dollar is provided just by just an oppressive military and technological power of the country. And in the modern world, all countries have at least the last fiat money about 50 XNUMX years old.
    1. Dear sofa expert. 6 October 2020 23: 42
      +4
      And the US dollar is provided just precisely by the country's expansive military and technological power.

      That is, in your opinion, it is possible not to pay on debts at all, waving in front of the nose "oppressive power" like a club?
      Oh well. Let's say it happens from the outside. What about domestic debt in your own country?
      There you will wave what and in front of whom?
      1. Barmaley_2 Offline Barmaley_2
        Barmaley_2 (Barmaley) 7 October 2020 03: 13
        +1
        And you are not embarrassed by the periodic "accelerated" re-printing (it was gradually constantly being "printed" so) of the US dollar, like monetary easing programs, all sorts of Q 1-3 and now for 6 trillion dollars in connection with the coronavirus crisis? realized that in the MODERN economy of developed capitalist countries, money is just a tool, but not a means of accumulation, savings, etc. And only in ala-banana or semi-banana countries like the Russian Federation do a fetish with candy wrappers and all sorts of nabiulinas and silanovs , following direct instructions from the IMF to restrict the development of their own country in the sphere of monetary policy, they tell tales that an increase in the money supply leads to inflation and depreciation. And this is all right. Only they forget to add that with the CORRECT monetary policy and the ability to use the technology of targeted emission is exactly what "births" of all sorts of "Asian tigers and dragons" take place with a GDP growth of 10-15% per year. And when you have% for servicing ANY credit That is about zero, as in the United States, it is the FRS rate that matters more, and not the amount of debts. Thus, it is very easy to service the debt. However, there are other nuances, but they are not related to the debts themselves, but to the problem of the limited nature of planet Earth in general in terms of physical availability, there are simply sales markets for goods and services, that is, EVERYTHING is totally dollarized and the value of ALL assets has long been determined in dollars, etc.
        1. Vladimir Tuzakov (Vladimir Tuzakov) 7 October 2020 10: 17
          0
          Barmaley. By protecting the dollar, you are hiding the main bonus of printing candy wrappers - a parasitic entity and life at the expense of others, giving out printed papers, taking material wealth from the world, essentially enrichment for a gift (similar to colonial exchange, glass for material wealth, but here not even glass , and a piece of paper) ... There will not be two world wars imposed by the dollar, there will be baskets of currencies. further stronger will come forward ...
          1. Barmaley_2 Offline Barmaley_2
            Barmaley_2 (Barmaley) 7 October 2020 11: 24
            -1
            You are carrying such nonsense that you don’t even want to answer it seriously. I don’t defend it, but in two paragraphs I try to explain what’s what and I simply ask: “How are you going to replace this construction with another?” As an entrepreneur, and not just an economist-theorist, I personally imagine a very powerful and huge system based on $ all over the world that has been built very well since the 44th year. And the question of "enrichment for a gift" from the field of demagoguery. You do not understand the essence of what I have written from above and the dollar was imposed by objective reality - at the time of the adoption of Bretton Woods, the US ec-ka was 51-52% of the world and the dollar was backed by gold, with which the USSR even agreed and signed, but then did not ratify. So do conclusions. And life in general is an unfair thing and all these are bows. You can build something more just - forward and with a song, as well as develop technologies that, by the way, you do not hesitate to use, branding the damned buck.
            1. Vladimir Tuzakov (Vladimir Tuzakov) 7 October 2020 11: 34
              -1
              You do not see, behind the powerfully conducted demagogy of entities, and the introduction of a private piece of paper into world use. For this, two world wars were born, for the collapse of the European economy and the release of the US dollar into an all-powerful world turnover. "A holy place is never empty," others will quickly take it, the yuan is already coming out, not to mention baskets of currencies, - or you are far away, since such absurd statements ... Remind you of this, like a schoolboy about the basics ...
              1. Barmaley_2 Offline Barmaley_2
                Barmaley_2 (Barmaley) 7 October 2020 11: 58
                -2
                Vladimir Tuzakov, once again I ask those from the armored train: "How will you change the existing world model? For what?" There is no answer in the whole world. NO! There is a certain understanding that it is impossible to continue living like this, but how to proceed is not very clear. Read Khazin's new book "Recollection of the Future". There are some attempts to analyze possible options .. But not more, and this is all a theoretician. And how to implement revolutionary changes in practice? It's scary. And it's scary for EVERYTHING. So the basics are something you just don't understand in UPOR. Read at least political economy to begin with, to understand what capitalism is. (modern capitalism is just an upgrade) in fact. You [email protected] do not want to understand that China is the same USA only in profile. They actually failed the policy of internal stimulation of demand and now the concept of "One belt - one road is bursting at the seam. ", as well as later, China refused to build its world rating agencies, such as Moody's (it is important to have it when building its own separate monetary system), realizing that they will not pull it. This topic does not export the Chinese as a global global replacement for the United States. on the regional leader. So whose cow would bellow, the gentleman is not a schoolboy.
                1. Vladimir Tuzakov (Vladimir Tuzakov) 7 October 2020 12: 14
                  0
                  Proverb:

                  Eyes are afraid, and hands do.

                  Your horror stories about Armageddon without a dollar are essentially zero ... More than once, states have experienced currency collapses, they will survive another necessary time. This, how to cure the disease, will have to suffer a little, but recovery will be worth it ... The dollar, with the withdrawal of imposition by force, - with the weakening of the cover empire, will go away, and this is an inevitable regularity ... Reinventing Lenin's words: the collapse of the world dollar, what have been talked about for decades. is happening - and this is already obvious, the non-stop printing of trillions of dollars ...
                  1. Barmaley_2 Offline Barmaley_2
                    Barmaley_2 (Barmaley) 7 October 2020 21: 27
                    0
                    Vladimir Tuzakov - is it all for me? If to me then ... Well, in general, there is almost nothing eternal in the world. For believers, - except God, etc., but for believers in something else - their own, but in questions ek-ki ... Once upon a time there was also "Eternal Rome". The Roman Empire lasted approx. 450 years, and some of it has been active for almost 1000 years. So for an ordinary person, even about 50 years is actually an eternity. The fact is that in the 91st year the only remaining competitor of the Western global project, the USSR, was finally destroyed. there is ONLY ONE CENTER left - the USA. And almost ALL countries in one form or another are included in its technological zone. Each country has its place in this pyramid. Its role, etc. This is if it is very simple to explain. And now name briefly BASIC principles of the existence of a new world system of division of labor OUTSIDE the dollar model. What are its main drivers of development?
                    Further, Lenin was a real excellent revolutionary and a good organizer-orator. Although he was an economist, he was more of an experimentalist. And therefore Lenin strongly quarreled with Rosa Luxemburg, who later turned out to be right and was a much stronger economist than Ulyanov. Even Stalin, with his spiritual seminary education, was much more strategically competently grounded in questions of ek-ki (he read a lot and understood well what was what) and was still able to move away from Lenin's dogmas and build a new INDEPENDENT SYSTEM OF DIVISION OF LABOR, far from Lenin's patterns. . OWN!.
                    1. Vladimir Tuzakov (Vladimir Tuzakov) 7 October 2020 21: 44
                      -1
                      Short. I won't disassemble your sour and warm gogel. Rome has fallen, others will soon fall and the United States ... And the system of values ​​will not suffer in any way, it will continue to develop further without the destroyed next "Rome" ...
                      1. Barmaley_2 Offline Barmaley_2
                        Barmaley_2 (Barmaley) 8 October 2020 00: 33
                        0
                        Short. D @@@ dumkoy riches. While the fat dries, the thin one dies. Will the system of values ​​not suffer in any way? What kind of values? More than a thousand years ago, for example, cowrie shells were accepted as money in Russia or China. Where are they now? what is their value?
                      2. Vladimir Tuzakov (Vladimir Tuzakov) 8 October 2020 14: 18
                        0
                        Why run so far? In Eastern Europe, marten skins have been money for centuries, right up to the baldness of their skins ... As for values, this is how it was rehabilitated, with the overthrow of the power of usurers, which prohibited all religions and morals ...
                      3. Barmaley_2 Offline Barmaley_2
                        Barmaley_2 (Barmaley) 8 October 2020 23: 45
                        0
                        just at that period of "closing eyes" to usury and rejection of the biblical prohibition, a new period began and a gradual transition to a new model, the capital model of development. The beginning was conditionally laid in 95 theses of theologian Martin Luther. It was an objective, forced transition to a new model due to peak periods of food shortages, etc., associated with climate problems as well. And you are rushing from one extreme to another.
    2. Cudgel Offline Cudgel
      Cudgel (Dubina) 7 October 2020 11: 12
      0
      +++++. You are well done, clearly, logically, 100% true. The third function of money was explained to the putinoids (the first is a means of accumulation, the second is a measure of value).
      1. Dear sofa expert. 7 October 2020 19: 55
        +1
        You are well done, clearly, logically, 100% true. Explained

        What kind of place, I apologize, do you understand?
        1. The comment was deleted.
          1. The comment was deleted.
            1. Cudgel Offline Cudgel
              Cudgel (Dubina) 7 October 2020 20: 17
              -1
              Well, about Yellowstone and soon, soon ready to collapse, tell us the dollar.
              For the pro-Kremlin, America is about to collapse.
              "... (I'm a head if that)) ...", of course, it means you think with your eyes and ears, when you watch the first channel and read about "Made with us".
              1. Dear sofa expert. 7 October 2020 21: 07
                +1
                Well, about Yellowstone and soon, soon ready to collapse, tell us the dollar.

                And here again you are confusing me with someone. Again, your mouth is babbling faster than the brain) But one smart person said. : Action should not be ahead of thought!
                Cool said, right?

                By the way, why don't you like Putin so much? Throw in this respected (all over the world!) Person where necessary and not needed. What did he do to you?
                You seem to be alive and well, not spoiled by any "newbie" .. Live and be happy. But no, you need to splash bile, stomp your foot!)
          2. isofat Online isofat
            isofat (isofat) 7 October 2020 20: 40
            +2
            Quote: Cudgel
            Unlike Putin's suckers, sometimes, I still think in the same place that I eat.

            And from your other seat, where you sit, thoughts are born. Cool.

            PS. Keyword sometimes. In this case, I only welcome your constipation.
            1. The comment was deleted.
  14. g1washntwn Offline g1washntwn
    g1washntwn (George Washington) 7 October 2020 06: 17
    +1
    Domestic debt is market economy bubbles, loans, mortgages and investments. All this lives off promises that can be "forgiven". Well, I couldn't pay off the mortgage with the rate "0.001%" - it's okay, live. Investments in a super-duper-zvedolet did not pay off - do not worry, we will promise more money.
    All-all the same material welfare is ensured through the plunder of the colonies.
  • Boris Te Offline Boris Te
    Boris Te (Boris Te) 6 October 2020 22: 33
    +4
    Entire generations were born and died in anticipation of the collapse of the dollar and the United States.

    (C)
  • Vladimir Derevensky (Vladimir Derevensky) 6 October 2020 22: 36
    0
    Therefore, the transition to galloping inflation and the collapse of the dollar is a matter of several months. For several months this is 333 or 999, or more specifically.
  • Venus Offline Venus
    Venus 7 October 2020 09: 05
    0
    Well it's not true
  • Alexzn Offline Alexzn
    Alexzn (Alexander) 7 October 2020 10: 01
    -2
    Quote: Dear couch expert.
    Provided with what?

    Goods.
    The emission of money in excess of inventories distorts the production structure and redistributes funds between economic agents (the Cantillon effect).

    Notice there is no word PROVIDED. It is about the CORRESPONDENCE of the amount of money to the volume of goods and services. On the one hand, money is a scale, on the other hand, the right to own an appropriate share of goods and services.
    1. Dear sofa expert. 7 October 2020 19: 38
      +1
      Notice there is no word PROVIDED. It's about CONFORMITY

      So it's the same thing)
  • Alexzn Offline Alexzn
    Alexzn (Alexander) 7 October 2020 10: 06
    -1
    Quote: Dear couch expert.
    And the US dollar is provided just precisely by the country's expansive military and technological power.

    That is, in your opinion, it is possible not to pay on debts at all, waving in front of the nose "oppressive power" like a club?
    Oh well. Let's say it happens from the outside. What about domestic debt in your own country?
    There you will wave what and in front of whom?

    Oppressive power fills the dollar with TRUST in it, and the assumption that military power is needed for non-payment of debts is not correct in a global village.
    1. Dear sofa expert. 7 October 2020 10: 19
      +1
      Oppressive power fills the dollar with TRUST in it, and the assumption that military power is needed for non-payment of debts is not correct in a global village.

      Are you now talking about the dollar for internal or external circulation?
      There are two of them, if you and your unlucky colleague barmale are in the know.
      1. Barmaley_2 Offline Barmaley_2
        Barmaley_2 (Barmaley) 7 October 2020 11: 40
        -3
        Dear sofa expert, you, a "problematic" body, which does not know how many times it will be in ek-ki questions twice, would know about several contradictions inherent in the dollar, as a reserve world currency (the Americans initially guessed about this, but believed that this problem will very soon become important), would not ask stupid questions and flog nonsense.
        1. Dear sofa expert. 7 October 2020 19: 57
          +1
          Dear sofa expert, you, "problematic" body, which twice two in questions of ek-ki does not know how much will be,

          YOU haven't answered my previous question yet.
          1. Barmaley_2 Offline Barmaley_2
            Barmaley_2 (Barmaley) 7 October 2020 21: 34
            -2
            Nope, you are a smart guy. Such a very peculiarly specific. You tell fairy tales of a cosmic scale and the same cosmic stupidity. I answered all the basic questions. If you have limited knowledge, then first learn at least basic economic concepts. I wrote in a popular form how the world ek-ka headed by the United States is arranged. I already wrote so that even the most feeble-minded of my explanations on the fingers tried to understand. Without any formulas, graphs, numbers, etc. .. And if oh and then there are no brains enough to understand, then sorry. Here science is powerless.
            1. Dear sofa expert. 7 October 2020 21: 52
              +2
              nope, smart guy, it's you.

              Oh, and we are again on "you"? How touching!)

              I wrote, in a fairly popular form, how the world ek-ka, led by the United States, is arranged.

              Didn't you accidentally create the world economy?)

              Science is powerless here.

              Don't worry about science.)

              Once again, I will repeat the question (request, if you like):

              how is the excess money supply sterilized in developed countries?

              If you know the answer, then voice it clearly! Otherwise, what's all your chatter around the bush?
              1. Barmaley_2 Offline Barmaley_2
                Barmaley_2 (Barmaley) 7 October 2020 22: 59
                -3
                I kind of wrote clearly that I recommend that you first familiarize yourself with the basic concepts and read at least political economics. Explain more complex concepts to a person with crazy ideas to print trillions of $ and who does not understand the basics?
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    2. Dear sofa expert. 7 October 2020 20: 15
      +1
      Oppressive Power Fills the Dollar with TRUST

      So you have already decided: trust or "power".?
  • Alexzn Offline Alexzn
    Alexzn (Alexander) 7 October 2020 10: 33
    0
    Quote: Dear couch expert.
    Oppressive power fills the dollar with TRUST in it, and the assumption that military power is needed for non-payment of debts is not correct in a global village.

    Are you now talking about the dollar for internal or external circulation?
    There are two of them, if you and your unlucky colleague barmale are in the know.

    Dollar ONE. The division was introduced by economists CONDITIONALLY, due to the fact that the same dollar performs (usually) different functions of money. Abroad, the dollar often acts as a reserve commodity.
    1. Barmaley_2 Offline Barmaley_2
      Barmaley_2 (Barmaley) 7 October 2020 11: 43
      -3
      AlexZN that's right. Only the dollar has not only become a commodity abroad, but has actually turned into a commodity everywhere. Moreover, for Americans it has become one of the main commodities and received a unique status, even replacing gold.
    2. Dear sofa expert. 7 October 2020 20: 22
      +4
      Dollar ONE. The division was introduced by economists CONDITIONALLY, due to the fact that the same dollar performs (usually) different functions of money.

      Yes, everything is so .. well, maybe at least the numbers on the "internal" are different? .... all the same to control how it is necessary.

      And then suddenly some kind of "North Korea" will take, but will print that way 10 trillions "well, sooo similar", and ALSO not provided with anything, PAPER. Yes, it will be delivered to the United States. Yes, from a helicopter scatter over some "Chicago"
      Oh, how ingenious I came up with, right?
      The result will be better than the "twin towers".
      And what, the dollar is ONE! How can you determine which one is real?)
  • Alexzn Offline Alexzn
    Alexzn (Alexander) 7 October 2020 12: 57
    -2
    Quote: Vladimir Tuzakov
    Barmaley. By protecting the dollar, you are hiding the main bonus of printing candy wrappers - a parasitic entity and life at the expense of others, giving out printed papers, taking material wealth from the world, essentially enrichment for a gift (similar to colonial exchange, glass for material wealth, but here not even glass , and a piece of paper) ... There will not be two world wars imposed by the dollar, there will be baskets of currencies. further stronger will come forward ...

    Barmaley also pours water into the mill and catches fish in troubled water!
  • Alexzn Offline Alexzn
    Alexzn (Alexander) 7 October 2020 13: 11
    -1
    Quote: Barmaley_2
    AlexZN that's right. Only the dollar has not only become a commodity abroad, but has actually turned into a commodity everywhere. Moreover, for Americans it has become one of the main commodities and received a unique status, even replacing gold.

    I have already written this here many times, but the Russian mystical attitude to gold cannot be eradicated. In Russia, the vast majority of citizens sincerely believe that gold has something metaphysical, that money should be backed by gold ...
    Russia trades in oil, the Americans in the dollar. Sometimes it takes the form of parasitism. But there is no other system of the world economy yet.
    1. Barmaley_2 Offline Barmaley_2
      Barmaley_2 (Barmaley) 7 October 2020 20: 55
      -1
      AlexZN +100! Duc and I, for those who like to bury the dollar system ahead of time, write this: as long as I DO NOT have an accordion, that is, another system of division of labor is not based on the dollar.
    2. Dear sofa expert. 8 October 2020 01: 24
      +1
      I have already written this here many times, but the Russian mystical attitude to gold cannot be eradicated. In Russia, the vast majority of citizens sincerely believe that gold has something metaphysical, that money should be backed by gold ...

      Why exactly gold?
      Because it is not enough. It's a rare treat, if you will.

      In the entire history of mankind, people have mined only about 190 thousand tons of gold.
      If you make a cube of all this gold, then its wall will be only 20 meters.

      It just so happened - the less the quantity of goods, the higher its price.

      Your dollars. print "out of thin air" they are becoming more and more, not to mention the fact that in addition to the paper dollar, there is also a non-cash dollar, and there are infinitely many of it in turn.)
      Therefore, it is steadily becoming cheaper as a commodity.
      And here, as evil, there is also a drop in confidence in the American economy.

      And as there were 190 thousand tons of gold, it remains.
      1. Barmaley_2 Offline Barmaley_2
        Barmaley_2 (Barmaley) 8 October 2020 13: 08
        0
        correct, but only partially. For example, platinum and osmium are STILL less than gold and they are more expensive than gold, but they are not included in the gold reserves. Why then?
        The increase in gold production in the world is about 3-4 to 5-6% per year. So that

        there was 190 thousand tons of gold, and it remains.

        - not as it was, it remains.
        Dollars do not print "out of thin air." There are feasibility studies. Otherwise, there would be inflation in millions of percent per year, which would be completely impossible for the existence of the current world division of labor. For complex ec systems with long technological reproduction chains the predictable and acceptable level of inflation is extremely important. And earlier I wrote that a long time ago in the world almost ALL money is fiat. But the disrespectful sofa expert stubbornly refuses to teach even the basics of economic development theories, and therefore continues to scribble another fabulous chas, having snatched up some trivial, but can't see the root.
        1. Dear sofa expert. 8 October 2020 16: 04
          +3
          platinum and osmium are STILL less than gold

          This is not a fact. Nobody knows the true reserves of platinum, but platinum, a priori, may not be less than gold. And here's why: Platinum is used less than gold in jewelry, but for that massively in the automotive industry in catalysts to neutralize exhaust gases.
          Platinum is predominantly used in diesel vehicles. Analysts attribute the decline in prices to weak automotive conditions. It is diesel cars that are no longer in such demand as they used to be. And technical progress has led, among other things, to the fact that less platinum is used in catalysts. The decrease in demand led to the accumulation of platinum in the world market, and with this, the fall in the price of this metal.
          Well, one more factor:
          A low platinum-to-gold ratio is often seen during crises when investors buy gold. By the way, the growth of gold production in the world is about 1,5%. So ...
          1. Barmaley_2 Offline Barmaley_2
            Barmaley_2 (Barmaley) 8 October 2020 22: 28
            0
            And what does it have to do with less or more platinum deposits, a decrease or an increase in the price, if I asked quite specifically:

            Why is platinum or osmium NOT USED then in the gold reserves of countries, according to the logic of an unrespected sofa expert, according to which there is too little gold and there is still 190 thousand tons of it?

            Duc and platinum is TOO little and how much of it is precisely mined, etc. DOESN'T matter. It really is not enough either! But they don’t take it in the gold reserves. Why? Where’s the logic? Maybe the logic of an unrespected sofa expert is just lame and people who are something in this world they define and know more use a few different logical conclusions?
            Further, for simplicity, I take easily verifiable and generally accepted figures: in 1919, it was roughly calculated that somewhere around 550 tons of gold was mined in the WHOLE world.

            https://goldomania.ru/menu_024.html

            And in 2019, 3 tons, that is, over a hundred years, the average GROWTH of gold production a year was more than 533% on average (this is what I wrote about, quote:

            ... approx average production growth of 5-6%

            - although there were certain periods of production decline and low production growth of only 1-2% per year.
            That is why there is NO phrase that gold

            as it was 190 thousand tons, it remains

            - does not correspond to reality.
            As required.
      2. alexxnumx Offline alexxnumx
        alexxnumx (Alexander) 8 October 2020 20: 11
        +1
        Yes, and there is not enough gold for everyone. You won't smear gold on bread, and they don't accept it in stores.
        1. Dear sofa expert. 8 October 2020 20: 25
          +1
          You can't put gold on bread

          The dollar is also not very smeared)
          1. Barmaley_2 Offline Barmaley_2
            Barmaley_2 (Barmaley) 8 October 2020 22: 38
            -1
            disrespectful sofa expert, How many times to repeat the banal truth: learn materiel! The first year of ANY university is the first formula: money-commodity-money. Money is always a commodity. A commodity is not always money. In other words: gold is a commodity, but not money. You just can't go to the store and exchange gold for bread.
            an unrespected sofa expert stubbornly cannot understand the unique status of the dollar and why not everything is so primitively arranged as he would like, and therefore it will not be possible to simply take and divide everything without the most powerful shocks EVERYWHERE in the world. I repeat: the LAST dollar in the world will be the currency that collapse.
  • Nikolay Malyugin (Nikolai Malyugin) 7 October 2020 13: 45
    +1
    Of course Glazyev is a very intelligent person. But I don't think you should succumb to his spell. Too much of the mythical in his performances.
    1. alexxnumx Offline alexxnumx
      alexxnumx (Alexander) 8 October 2020 20: 14
      0
      I read the article and did not notice anything mythical. He doesn't give a date when the dollar system will collapse, does he? Doesn't name ... says that no one knows when this will happen ..
  • alexxnumx Offline alexxnumx
    alexxnumx (Alexander) 8 October 2020 20: 24
    +1
    No shocks in the US should negatively affect the ruble. They will negatively affect the dollar, because the US budget deficit is already more than 30%, which was not even during the Second World War.

    The reference to the period of World War II is not clear, since the current financial system was formed already in the post-war period. Invalid comparison.

    Here Glazyev is talking about the US budget deficit, but the question arises - is the debt somehow serviced? This means that the United States is able to service such a debt, and if so, then probably the dollar will not collapse yet
  • alexxnumx Offline alexxnumx
    alexxnumx (Alexander) 8 October 2020 20: 40
    +1
    Quote: Dear couch expert.
    You can't put gold on bread

    The dollar is also not very smeared)

    So what, differently faster than gold) Of course - butter and caviar are good on bread, but during really big problems neither currency nor gold will save anyone, there will be food and weapons in the price. And while the system works, the dollar remains a reliable currency.
    1. Barmaley_2 Offline Barmaley_2
      Barmaley_2 (Barmaley) 8 October 2020 22: 41
      -1
      + 100. And cartridges there too.
  • high Offline high
    high (Anatoly) 10 October 2020 21: 16
    +1
    Academician 15 years ago predicted the decline of the dollar and the United States, and they, strangely, are only getting stronger ...