• ☆ Yσɠƚԋσʂ ☆@lemmy.ml
    link
    fedilink
    arrow-up
    4
    arrow-down
    1
    ·
    10 months ago

    Follow your own advice and keep reading it till you understand what I wrote. Might take you a while based on what we’ve seen here.

    • deft
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      10 months ago

      “we”

      shut the fuck up lol i know your shit i see you all over this site buddy. you say the quiet part out loud lmfao

      like I said, cya in a decade when you’re still edging hoping the dollar falls unaware that when it does the Yuan will have long fallen first because of how the cards are stacked ya fuckin goofball

      • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
        link
        fedilink
        arrow-up
        5
        arrow-down
        1
        ·
        10 months ago

        Aww muffin, you sound upset maybe go outside touch some grass. Also, maybe work on your math a bit while you’re at it. Here’s how doubling works: 4.61*2 => 9.22 * 2 => 18.44 * 2 => 36.88 * 2 => 73.76. At the current rate of growth it would only take 4 years for the yuan to eclipse the dollar. Of course, these aren’t independent events and as the use of yuan grows, the use of dollar will shrink. In reality we could see yuan become bigger than a dollar in even shorter time frame. It must be hard to go through life not being able to do basic math.

            • deft
              link
              fedilink
              arrow-up
              1
              ·
              10 months ago

              trading in November, the yuan’s share among all currencies was 4.61%, the highest since the earliest data available in 2015. Heading the list was the U.S. dollar with 47.08%, followed by the euro with 22.95% and the British pound with 7.15%. The yen’s share was 3.41%

              • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
                link
                fedilink
                arrow-up
                6
                arrow-down
                1
                ·
                10 months ago

                This year’s near-doubling of the yuan’s share as a global payments currency

                Go read up on the concept of rate of change over time instead of making a clown of yourself here, it’s frankly embarrassing.

                • deft
                  link
                  fedilink
                  arrow-up
                  1
                  ·
                  10 months ago

                  You’re literally delusional. You live in a stupid little Chinese bubble that convinces you a currency people have to be pressured to use will double infinitely for no reason. Keep replying to me