TIL "RMB (Renminbi) and Yuan are essentially the same currency, but with a slight distinction: #Renminbi (RMB) is the official name of #China's #currency, while the #Yuan (#CNY) is its basic unit, similar to how "Dollar" is the unit of the "US Dollar".
#RMB is the currency system, and the Yuan (¥) is the amount or denomination you count when paying for something."
https://www.abc.net.au/news/2026-02-08/renminbi-global-reserve-currency/106317290
Sachs: Assim se esvai a hegemonia ocidental
Pensador argumenta: perda de liderança tecnológica e econômica deixa a nu a pequenez moral do mundo eurocêntrico. Domínio do dólar não durará dez anos. Há, pela primeira vez em séculos, brecha para ordem mundial menos hierárquicahttps://outraspalavras.net/descolonizacoes/sachs-assim-se-esvai-hegemonia-ocidental/
The People's Bank of China pledged to prevent excessive exchange rate volatility in 2026, vowing more proactive macroeconomic policies and stable liquidity management.
Yuan (CNY)
#Tradingan - #Grafik Harga #Yuan (CNY) #hari ini untuk membantu #analisa #pasar sebelum memulai #investasi dan #trading di #mata uang Yuan #CNY. Cina, sebagai salah satu #ekonomi #terbesar di #dunia, memiliki mata uang #resmi yang dikenal sebagai Renminbi (RMB) atau "uang rakyat". Satu unit dasar #Renminbi disebut Yuan (CNY), yang sering digunakan dalam transaksi sehari-hari. Berikut penjelasan lengkap tentang mata uang Cina:
#Tradingan - #Grafik Harga #Yuan (CNY) #hari ini untuk membantu #analisa #pasar sebelum memulai #investasi dan #trading di #mata uang Yuan #CNY. Cina, sebagai salah satu #ekonomi #terbesar di #dunia, memiliki mata uang #resmi yang dikenal sebagai Renminbi (RMB) atau "uang rakyat". Satu unit dasar #Renminbi disebut Yuan (CNY), yang sering digunakan dalam transaksi sehari-hari. Berikut penjelasan lengkap
@dalfen it is part of #trump’s plan to devalue the dollar. That will make exports cheaper and narrow the trade imbalance, and make #us labor appear cheaper, and bring more jobs to the #maga
Unfortunately, dollar hegemony will be gone, and we’ll be financing the debt with #renminbi, and fixed income seniors will suffer
Problem solved!
It seems to me #Trump is playing a dangerous game with his latest threat against the #bric nations.
He's probably okay for now, with the threat, but if they call his bluff, it'll start a snowball rolling he won't be able to catch, and neither will succeeding #us presidents. The way I see it is this.
The #usa imposes 100% tariffs on imports from #china so china can't pay #opec countries in #dollars so #opec have to start using another #currency and the circle goes on.
But this circle is really a snowball because it will gradually affect more and more countries, until only #europe can still pay in #dollars for #oil.
Then trump is between a rock (his oil company buddies) and a hard place, his tariff war with #china whose currency is now growing in importance.
Substitute the #renminbi for whatever alternative to the dollar takes off and you have the spiral in clear view.
If Trump is really lucky, the #euro will be the coin of choice, because at least that way, he'll be able to use it too.
This policy belongs to one of those special cases, like having kids, where the choice is literally irreversible.
For all people rail about his other policies they#re not in this class. Admittedly with great cost, they can all be undone.
This one can't. It's a one way ticket.
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