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De dollarization


csrcsr

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23 minutes ago, futureofandhra said:

it wonot happen

$ is too strong

Nee gruddha....$$$ payments international gaa mellaga tagguthunnayi! Ala ani $$ padipothundani evvaru anatledu! ivale jaragavanni! Modi BRICS countries should able to trade in local currencies ani antunnadu! India ki China ki trade $115 billion, China's largest trading partner we overtook US. Ippudu China vacchi naaku Yuan lo pay cheyi parledante....India yuan lo ne cheyyali! Manaki kuda beneficial endukante China manadeggara konetappudu vallu INR lo konali! Repu Taiwan tho China ki yuddham vacchinappudu picchi fook Dems unte power lo vallu sanctions vesina vestharu albiet in different ways maree Russia meeda vesinattu kaakunda. appudu US $ importance tagguthundi India ki kaani mana foreign exchange reserves matuku majority USD lo ne untundi...why? we also trade with Europe & we buy shi*t from America such as aeroplanes & defense equipment etc.,

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Local currencies trade might become predominant…Asian Countries and middle east where consumption es expected to grow unprecedentedly, dealing in local currencies may just take off..

Replacing of dollar may not be immediate not for couple of decades but all time classic barter system and local currency settlement may just take off..

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