• ☆ Yσɠƚԋσʂ ☆
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    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@lemmy.wtf
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          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 ☆
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            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@lemmy.wtf
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              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