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Conspiracy theory thread
The several trillion dollars removed from the market last Wednesday through Friday are going to be converted to start the foundation of making yuan the new world currency.
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>Argh Em Bee
>reserve currency
Yeah let's just use the currency of the bug men who are best known for relentlessly stealing IPs from better countries than them (white) and making faustian bargains with the shittier countries than them (black) for all their natural resources. By the way, these guys are also the biggest currency manipulators on the planet and are absolutely shameless about it. Sounds like a great currency to use as the world standard. But they bought a bunch of shiny rocks in their vaults!!!
Do you know where the chinese yuan ranks as a reserve currency? It's not #2. It's not even #5. They are in 6th place, behind the CANADIAN DOLLAR. Literal monopoly money backed by sludge and money laundering ranks higher as a reserve currency than the chinese yuan.
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>>61784904
Lunc. They are buying Luna Classic and repegging ustc and other currency variants. So not wrong.
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Not really a conspiracy theory, but to anyone paying attention it's pretty clear that this current US presidential administration is going to crash this country economically, both domestically and internationally. China is trying to line themselves up to be where America was in the 80's in relation to the Soviet Union's unraveling and eventual collapse.
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>>61784904
That isn't how the markets work.
"Values" of exchange traded assets are only tested when mass selling occurs.
Then you find out true price discovery.
Those trillions never existed. Anywhere. It was only theoretical valuations in computer systems. No money was lost or changed hands.
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>>61784904
all of history is fake, the world economy only really started around 1053 ad