>>>20982841 China’s central bank, the People’s Bank of China (PBOC), has been quietly but steadily accumulating gold reserves for the past17months
what are the mathematical odds?
>Saudi Arabia has received an invitation to join BRICS and its move towards dedollarization. This shift includes acceptance of other currencies such as the Chinese yuan for oil sales, as reported by the Wall Street Journal on March 15, 2022.
>
>BRICS: What Happens if Saudi Arabia Stops Accepting US Dollar for Oil?
>
>September 9, 2023
>
>First and foremost, the weakening of the U.S. dollar would begin if Saudi Arabia accepted local currencies for oil trade. If Saudi Arabia demands that other countries pay in local currencies only, then demand for the U.S. dollar would dip drastically. The move could lead to the dollar facing a depreciation in the international forex and currency markets. A weak dollar would make imported goods more expensive in the United States and potentially impact the overall U.S. economy.
not accepting dollars maybe different than accepting non-dollars?
anyway, weak dollar is good for the US trade balance, less imported chicom cheapo shit, more US exports — anon thinks they just saw an article that claimed Trump's team is considering dollar devaluation to facilitate the exports, when POTUS is back