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News & Current Events Apr 22, 2026 at 8:22 AM

Trump says currency swap with UAE is under consideration

Posted by Low-Honeydew6483



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Budget-Turnover3231 10 hr ago +311
It's because UAE said they would start using Yuan for transactions if the war drains their dollar reserves.
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Xollector 9 hr ago +1
It’s also most likely they probably said to combat US dollar shortage they may need to start liquidating US stocks and bonds and that got the attention of the US in a flash to cajole them to a currency swap instead
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leisurechef 9 hr ago +1
It’ll be Qatar/Kuwait/Bahrain next
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Suguha_chan 9 hr ago +1
The USA is sucessfull because of the dollar and the worlds impression that they are the strongest because they won ww2. Now with iran they showed they are not that capable, and by losing the petro dollar they lose a huge chunk of what makes them the stronges country in the world
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fretkat 8 hr ago +1
US won WW2? In which universe? The Allied forces did, which the US only joined halfway through the war.
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Ok_Dimension2051 7 hr ago +1
I’m sure if the us just stayed out of it the allies would have had it under control and the soviets would have been pretty chill when the whole thing was said and done
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Taxing 7 hr ago +1
Are you daft? They created and used the first nuclear bomb. Can’t tell if you’re serious or not.
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djangovsjango 8 hr ago +1
They didnt " win " ww2 they joined 2 years after it started . Russia did the heavy lifting in europe smashing the nazis back to germany. Ever wonder why no stars and stripes at the fall of berlin photos ? Because the usa wasnt there it was agreed the russians had fought tooth an nail for thousands of kilometres and wouldnt have it any other way . If anything the usa did win over japan but it is noted that the japanese didnt surrender even after 2 atomic bombs but when the russians attacked Manchuria .
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Aromatic_Motor8078 8 hr ago +1
China took lots of casualties against Japan, too much like the USSR v Germany, both fought two front wars and both were basically out of oil by 45
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Appealing_Apathy 7 hr ago +1
Joined 2 years late and weren't as effective as a smaller Canadian army. On D-Day the Canadians went farther inland than all other allied forces even though they had arguably one of the hardest beaches. The Canadians also liberated the Netherlands. It was the same story in WW1, the US came in late once all the real hard work was already done.
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HeldnarRommar 7 hr ago +1
The Russians invaded Manchuria the same time as the 2nd atomic bomb dropped. I think both played a part but let’s not downplay one side here
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VaRK90 8 hr ago +1
Man as a Russian this always cracks me up. I mean I'm not a tankie and not a Russia strong West bad drone, but like 30 years after the Red Army archives were made open and people like Glanz writing several books based on them, still doing the US beat nazis bit? Come on. Lend-lease was extremely important, very appreciated, and many say the war would've been lost without it (especially the explosives). Nothing but deep appreciation for the sacrifice of the people running the convoys and doing the work on the home front in US. But the nazis were beat squarely on the eastern front by the summer of 1944. Have D-day not happened, Bagration would probably be a less resounding victory, but it would probably still be a victory. The war might not have ended in May 1945, but it would have ended in Berlin still, some later date. By 1944 Red Army was an extremely experienced force, which has more than rebounded from the decimation done by Stalin's purges. IMHO D-day was as much a (successful) attempt at preventing Stalin overtaking all of the Europe as it was a "kill bad man in Berlin" effort.
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Suguha_chan 8 hr ago +1
Basically usa got the title most sucessful and strongest country in the world because they used atomic bombs on japan (other countries didnt have them) and because of the petro dollar But the usa is also just a country earth run by humans. Other countries now also have buclear bombs and a good economy. The USA is nothing special anymore, this „USA is the most capable!country“ is only a obsolete image of the past
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earthmann 8 hr ago +1
If I come in at the tail end of an extended bloody melée, knock a few heads, walk away stronger while everyone is weaker, and then proceed to make unfathomable loot- then you should feel comfortable saying I won.
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fge116 8 hr ago +1
No we literally won both world wars, we came away with without any infrastructure damage and especially after WW2 we were the only nation that could keep up the war time industrial boom to send supplies to rebuild Europe. We clearly came out the biggest winners because we didn't take the most damage in fighting.
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not_a_Badger_anymore 8 hr ago +1
Because geographically you're far away and didnt get involved until Europe was at a stalemate.
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Bonnarooster 8 hr ago +1
Not capable? Hilarious
1
Nervous_Squirrel_ 8 hr ago +1
They also insulted all their allies so no one wants to use their dollar. Also ussr won ww2.
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CxOrillion 7 hr ago +1
USSR won the war, the US definitely won the peace however. Every major belligerent other than the US, and to a lesser degree, the USSR had their international power almost totally broken. The UK and France kept a little bit with their overseas imperial territories but the writing was on the wall for both. Germany existed in 4, then 2 pieces, neither of which possessed real global power for a long time. Japanese reconstruction went extremely well and so did South Korean reconstruction after some big hiccups, though those really didn't flourish until the 1970s and 1980s respectively. The US, however, enjoyed essentially a 70 year golden age that seems to be winding down now
1
PestySamurai 8 hr ago +1
Stronges evr
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EconomyDoctor3287 10 hr ago +179
Dang, tarrifs are bringing in so much money the US has the capacity to help countries abroad.  So much winning all around. 
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sharoon12 9 hr ago +1
The money hack no one wants you to know about; refunding tariffs actually generates a ton of money out of thin air.
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GoingAllTheJay 8 hr ago +1
But only for the wealthy kiddy diddlers that own the companies that have been gouging consumers.
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sharoon12 8 hr ago +1
Well yeah, our money is their money that goes without saying.
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Nervous_Squirrel_ 8 hr ago +1
Or whoever bought failing companies that paid tariffs. If theres a refund whoever bought failing companies gets a big refund.
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SpiritualB0x3 8 hr ago +1
MAGA propping Islamic economies was not on my card
1
Toth-Amon 9 hr ago +50
How is a currency swap going to help its economy? Is UAE running out of USD reserves?
50
EquivalentSpot8292 9 hr ago +52
Yep, threatening Yuan transactions
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David_Good_Enough 9 hr ago +1
Yuan after another
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KoalaDeluxe 8 hr ago +1
zing!
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Separate-Divide-7479 7 hr ago +1
I'm not an economist so I might be misunderstanding something but would China even want that? Obviously it weakens the US' influence globally, but don't they purposefully devalue the RMB to protect their export economy? And wouldn't more nations using RMB to trade oil, more closely tie its value to that of oil and thus be harder to artificially deflate? Or has China reached a point where they believe domestic demand, and solidyfing a petroyuan is enough to offset a weakening of exports?
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RobertLeRoyParker 8 hr ago +1
UAE is protecting its gold. They aren’t interested in bailing out the LBMA like Argentina or Turkey. Especially when the US has become a coercive reserve issuer and people are waking up to the fact that claims grossly outweigh clearance capacity. As preferences shift toward settlement rather than refinancing imbalance, frontrunning the reduction of liability exposure via assets without corresponding liabilities becomes the strategic play.  You don’t have to outrun the bear when a scramble is starting. But you still don’t want the bear to catch you and eat you either. Printing money for a currency swap protects their conserved clearing reserves when global movement and repricing of the premier clearance asset is signaling upcoming credit contraction or central bank intervention.
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314314314 8 hr ago +1
I only partially understand what you are saying. You mean UAE wants physical gold, instead of selling gold for dollar, they are printing dirham to swap for dollar? (But Dirham pegs dollar, how will this benefit UAE?). And what do you mean "outrun bear" and "caught by bear"? And why this signals up coming credit contraction and central bank intervention?
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idryss_m 9 hr ago +32
Forgive the ignorance, but wouldnt this, especially now, further weaken the USD? I know they want the USD to remain the default currency, which the Yuan is threatening, kinda, but this really doesn't get them anything else? Especially doesnt help US citizens......$$ for anyone BUT them it seems
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bAZtARd 8 hr ago +1
That's the plan... A lot of the insane stuff Trump does is to weaken the Dollar.
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GoingAllTheJay 8 hr ago +1
He likes seeing the number in his account go up. Doesn't matter if that number means less.
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Less-Till9969 8 hr ago +1
Why would he want this if I may ask?
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gwarrior5 8 hr ago +1
Putin is using him to destroy the USA
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Lolovitz 8 hr ago +1
Competitiveness of industrial base abroad . Normally when a country currency appreciates the industry suffers, less people need that currency ( because they no longer buy expensive items denominated in that currency ) and currency depreciates naturally followed by again increase in industry capability and exports ( cause now the shit you produce is c**** ) . But it doesn't work for United States because dollar is the reserve currency, so people need dollar not to purchase from US but to actually purchase from anywhere abroad . This causes dollar to appreciate in value decimating US industry and exports . This is why in 1980s for example US kinda forced it's allies into Plaza Accord, a purposeful depreciation of dollar.
1
lrzbca 8 hr ago +1
Reduce interest payments on debt
1
appo1ion 8 hr ago +1
On old debt but doesn't new debt become more expensive because of higher risk and interest rates.
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jsmith_zerocool 8 hr ago +1
Another part of project 2025
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tun3man 9 hr ago +1
The goal is make USD weak. This gonna benefit a small group of people, while make the entire economy worse for USA citizens. I'm sure Trump and his friends are ready to make this sacrifice.
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AdviceFit1692 10 hr ago +38
After they stated they didn't need the US to defend themselves anymore, seems like someone doesn't understand how soft power works, destroyed it and is trying to buy them back.
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Awkward_Patience_611 9 hr ago +6
“This guy is trust worthy”. Words that have never been uttered.
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FogTub 8 hr ago +1
Winning like Zimbabwe, where everyone's a millionaire.
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Wise-Ad-1998 9 hr ago +8
Oil is the only thing backing the USD, lose that confidence the money is actually worthless… just keep printing it into oblivion
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iamagermanpotato 8 hr ago +1
Ah, the best president ever again!
1
KE55 8 hr ago +1
I'm sure some of it will find its way into Trump family bank accounts.
1
OrneryTax8633 8 hr ago +1
Imagine destroying the global economy to distract from being a geriatric senile peadophile.
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Liquidmetal7 8 hr ago +1
And imagine its entire country doing nothing about it.
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daschan 9 hr ago +1
Print some more money and hand it over to the U A E in exchange for a fat kickback to a Trump offshore acct
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Twoscales22 9 hr ago +1
The art of the deal……….
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GreenSouth3 8 hr ago +1
kick'em while they're down... they may get up!
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AHarmles 8 hr ago +1
Sawp our entire market while we're at it. To a good one preferably.
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