#usdollar — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #usdollar, aggregated by home.social.
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China trims US Treasury holdings amid Iran war, Fed uncertainty
China cut its holdings of US Treasuries to a nearly 18-year low in June, as Beijing continued to…
#NewsBeep #News #BreakingNews #Beijing #breakingnews #China #DonaldTrump #federal-reserve #geopoliticaltensions #Iran #Japan #Japaneseyen #KevinWarsh #People'sBankofChina #treasurydepartment #UnitedStates #USDollar #USTreasuries #Washington
https://www.newsbeep.com/695569/ -
Gold remains resilient despite high import tax amid U.S.-Iran tensions
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email LKP Securities’ Jateen Trivedi says…
#NewsBeep #News #BreakingNews #breakingnews #businessnews #Crudeoilmarkets #CurrencyMarkets #Inflation #Iran #Neutral #USDollar/IndianRupeeFXSpotRate
https://www.newsbeep.com/695555/ -
🇺🇸 💵 🎥
The Day the Dollar Died - Director's Cut
🔗 https://www.youtube.com/watch?v=nWNB3XnSWBE
#Video #History #Economy #Economics #GoldStandard #Nixon #USA #US #UnitedStates #America #USD #USDollar #Dollar
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Once upon a time, it was an absolute political and economical scandal when the US government ran up an annual deficit of a trillion dollars. [1]
Under Trump's tax cuts for the rich and bloated spending for his pet projects and well-connected contractors, the USA just ran up a $432 billion deficit ... in July. In one month. At that rate, you're looking at an annual deficit in the five trillion dollar range.
The accumulated debt is "only" 40 trillion or so, for what that's worth.
The USA will *never* repay this debt. It's not possible. And in the current political system, they will not get their budget deficits under control - no chance, at all.
How do they keep the money train going, you ask? It's because other countries park their money in US Treasury bonds and other US-denominated holdings. There is a built-in demand for US currency that doesn't depend on financial performance of the USA at all. This demand has existed ever since the end of the Bretton Woods system.
And it's primarily because of oil.
If you ignore the the recent Russian sanctioned oil sales (via their shadow fleet of tankers) to India and some other countries, essentially all oil is traded in US dollars.
1/x
[1] Before that, it was a similar scandal when the accumulated debt of the USA reached a trillion dollars.
#USPol #USOil #USDollar #deficit #debt #NationalDebt #USBudget #BudgetDeficit #oil #petrodollars
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Oil steadies near one-week highs as U.S.-Iran peace deal hopes dim
The VLCC Mobassa B (previously named Front Forth), one of the two tankers which the UAE defence ministry…
#NewsBeep #News #BreakingNews #breakingnews #BreakingNews:Markets #businessnews #commoditymarkets #Crudeoilmarkets #Energy #ICEBrentCrude(Oct'25) #Iran #Markets #OilandGas #USDollar/AustralianDollarFXCrossRate #WTICrude(Apr'21)
https://www.newsbeep.com/686911/ -
U.S. involvement in Japan's yen intervention strengthens Tokyo's position while creating new risks and uncertainties for both countries. https://www.japantimes.co.jp/commentary/2026/08/05/japan/yen-under-us-umbrella/?utm_medium=Social&utm_source=mastodon #commentary #japan #us #sanaetakaichi #scottbessent #yen #usdollar #forex #japaneseeconomy #useconomy #donaldtrump #monetarypolicy
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South Korean won, Philippine peso strengthen most among muted Asian forex
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The young people asking to tax the rich are not asking for a hand-out. They’re asking for their money back. The money that their government gambled on debt, loaning out their future productivity, but then gave the money to billionaires instead.
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Structural economic weaknesses and policy choices are likely to keep the yen under pressure despite the prospect of further government intervention. https://www.japantimes.co.jp/editorials/2026/07/03/little-hope-plummeting-yen/?utm_medium=Social&utm_source=mastodon #editorials #yen #usdollar #inflation #forex #japaneseeconomy #useconomy #currencies
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The Dollar, Safe-Haven Demand, and the Iran War | American Enterprise Institute
Soon after the start of the war with Iran on February 28, the dollar, shown in Figure 1…
#NewsBeep #News #BreakingNews #breakingnews #federal-reserve #Iran #iranwar #Oil #USDollar
https://www.newsbeep.com/619824/ -
1 Bloomberg: #Strategists at #JPMorgan, #BankofAmerica, #GoldmanSachs and other #banks have expressed have renewed faith in the #greenback after the new #Fed chair vowed to restore price stability, spurring interest #rate-hike bets. 🧵
#USD #USdollar -
2 BMO: And the #U.S.dollar is a bit weaker (BBDXY -0.12%) with the #loonie comparably stronger ( #CAD per #USD -0.14%). #markets
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2 BMO: #Treasury #yields are lower along the curve, as much as 2.3 bps at the long end. And the #U.S.dollar is firmer (BBDXY +0.29%) with the #loonie softer (CAD per USD +0.12%).
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Why the EU economy should embrace digital currencies to become less dependent on the US
#EU #Europe #DigitalEuro #StableCoins #Cryptocurrency #DigitalCurrency #Economy #Finance #Banking #ECB #Euro #USDollar #Geopolitics #EconomicSovereignty #Trade #USA
https://the-14.com/why-the-eu-economy-should-embrace-digital-currencies-to-become-less-dependent-on-the-us/ -
Gee #ww2 cost as much to win as #ww3 costs to lose! #strongsell #zioUSD #USdollar #UStreasury #endAmerica #AIbubble
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New global financial architecture needed to end trade surplus fixation: Piketty
An initiative designed to tackle inequality and climate change could benefit China by reinventing global financ…
#NewsBeep #News #Economy #Asianfinancialcrash #Business #CA #Canada #China #DonaldTrump #Europe #Germany #globalfinancialinstitutions #GlobalSouth #imf #InternationalMonetaryFund #Piketty #UnitedNations #UnitedNationscurrency #us #USDollar #venezuela #WorldInequalityLab
https://www.newsbeep.com/ca/714227/ -
Family wealth offices eye shifting assets from North America to China, survey finds
Investment offices for some of the world’s wealthiest families are reducing exposure to US assets and favouring Chinese…
#NewsBeep #News #Economy #asia #Business #CA #Canada #China #Europe #familyoffices #MiddleEast #NorthAmerica #NorthAsia #UBS #us #USDollar #usd #Wealth #WesternEurope
https://www.newsbeep.com/ca/707450/ -
As U.S.-backed stablecoins move closer to widespread global adoption, China is preparing to counter growing dollar dominance by expanding the digital yuan and cross-border payment systems in emerging markets. https://www.japantimes.co.jp/commentary/2026/05/28/world/china-will-fight-digital-dollars/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #stablecoins #digitaldollars #usdollar #yuan #currencies #forex #cryptocurrencies
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While no #law prohibits printing bills with Trump’s signature, #US #currency experts say that producing a $250 note featuring the president‘s image would run afoul of current laws. One states only a “deceased individual” may be depicted on US currency. Another specifies which denominations the bureau may produce.
Larry R. Felix, a former director of the bureau, said “a $250 note is not statutorily authorized” without an act of #Congress. -
Solimene & her staff had consented to another #Trump administration request: to print $100 bills featuring Trump’s signature, according to the four employees. They said those bills — the FIRST in American #history to bear a sitting president’s signature — are currently being printed at the bureau’s downtown Washington facility.
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She added that she “never sacrificed the values or character of myself or the organization & always prioritized the #US #Currency Program & the value each employee brings to the mission.”
“The buck stopped here,” she wrote.
Solimene did not specify in the email why she was reassigned & did not return calls seeking comment. A 24-year Army #veteran, she had been the first #female director of the bureau.#Trump #vanity #narcissism #idolatry #currency #USdollar #law
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Solimene said she was abruptly “reassigned” from her post by Treasury management on April 27, writing the next day in an email to colleagues that she was leaving with a “heavy heart.” She wrote in her goodbye email, a copy of which was obtained by The Post, that she had been reassigned to another job in the Treasury Department & that her departure was “not my choice.”
#Trump #vanity #narcissism #idolatry #currency #USdollar #law -
The two political appointees were dismissive in response, two of the current employees said.
“She had told them we’re not authorized to do this. We can’t progress any further, and all the stakeholders have not even met to discuss the next steps,” said one of the employees. “Currency often takes six to eight years to produce a new bill, particularly one of such high value.”#Trump #vanity #narcissism #idolatry #currency #USdollar #law
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#Legislation that would allow #Trump to appear on a $250 bill was introduced in #Congress last year to commemorate the nation’s 250th anniversary but has languished.
…The director of the printing bureau, Patricia “Patty” Solimene, & other staff repeatedly explained to Beach & Brown that there were legal & procedural obstacles to producing the note & that it would take years longer than they envisioned, the four employees said. -
British painter Iain Alexander said #Trump himself endorsed changes to his original design, such as adding the colors of the US flag & a logo commemorating the 250th anniversary of the nation’s founding.
…No living person has appeared on #US #currency since 1866, when it was #outlawed after the image of a mid-level #Treasury bureaucrat showed up on a 5-cent note. -
As part of the effort, Beach in August & September provided bureau staff with mock-up designs for the note, including one that shows Trump’s face in the center of the $250 bill between the signatures of the president & #Treasury Secretary Scott Bessent, acc/to one of the employees & records reviewed by The Washington Post.
The artist who said he designed the mock-up told The Post that he had spoken with #Trump about it. -
Starting last year, 2 political appointees at the #Treasury Dept— US Treasurer Brandon Beach & his snr adviser, Mike Brown — repeatedly urged staff at the agency’s Bureau of Engraving & Printing to prepare prototypes of the note, acc/to the employees, who said the move raised concerns because #federal #law currently allows only deceased people to appear on bills.
#Trump #vanity #narcissism #idolatry #currency #USdollar #law