Dan Romero pfp
Dan Romero
@dwr.eth
"The US is losing reserve currency status!" The losing:
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Icetoad 🍕 🎩 🐈 pfp
Icetoad 🍕 🎩 🐈
@icetoad.eth
Lol, this is a skewed view of things. I'll provide more context.
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Dan Romero pfp
Dan Romero
@dwr.eth
Nice chart crime lmao
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Icetoad 🍕 🎩 🐈 pfp
Icetoad 🍕 🎩 🐈
@icetoad.eth
Nice false indicator and incomplete picture in your original chart.
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Dan Romero pfp
Dan Romero
@dwr.eth
It's literally a flow of $ in / out of treasuries
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Icetoad 🍕 🎩 🐈 pfp
Icetoad 🍕 🎩 🐈
@icetoad.eth
Right, a moment in time of inflows does not disprove tie decline of the US dollar as the world's reserve currency.
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~ Elias pfp
~ Elias
@eliasvm
In the same way a moment in time of outflows does not disprove the ATH treasury inflows 🤷🏻‍♂️
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Icetoad 🍕 🎩 🐈 pfp
Icetoad 🍕 🎩 🐈
@icetoad.eth
It actually says largest inflow since March 2023. Regardless, inflows are not in anyway a good indicator of reserve currency state.
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~ Elias pfp
~ Elias
@eliasvm
Maybe but it sure shows confidence and projected growth in the economy… i think
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Icetoad 🍕 🎩 🐈 pfp
Icetoad 🍕 🎩 🐈
@icetoad.eth
It shows that some people are confident in the USD as a safe haven asset. In no way does it show confidence in the economy or projected growth in the economy.
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~ Elias pfp
~ Elias
@eliasvm
Man I sincerely don’t know but it sure does sound like a contradiction in your statements now from before. Anyway, onward!
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Icetoad 🍕 🎩 🐈 pfp
Icetoad 🍕 🎩 🐈
@icetoad.eth
Which statements of mine are contradictory?
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~ Elias pfp
~ Elias
@eliasvm
Considering the USD not being a reserve currency while stating the US might be seen as a safe haven 🤷🏻‍♂️ Just for the record: every single treasure T-bill is backed with US Dollars.
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Icetoad 🍕 🎩 🐈 pfp
Icetoad 🍕 🎩 🐈
@icetoad.eth
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~ Elias pfp
~ Elias
@eliasvm
it is funny how you base your answers in ChatGPT captures every time. Dear dude/dudette, let's be real: except for a Russia-China accord within the BRICS context (which btw isn't in an execution phase yet, despite being proposed and agreed on 7+ years ago) there is NO trade in this planet occuring outside of the US Dollars. Even when trading happens between two third-currencies (say, MXN & BRL) these exchanges are measured in the USD notional value of both the MXN and the BRL. If any reduction has happened in the reserve status of the USD it has more to do with the rise of Bitcoin (&Co.) as a means of value interchange rather than with an actual loss of status by the USD, this is easily verifiable (not needing to ask an AI) when even Bitcoin transactions are nominally expressed in terms of US Dollars. Again, you may want really hard to think otherwise but that is just a personal stance, not actually related to reality, despite what ChatGPT may say about it.
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