Tag Archives: us dollar

The Reign of Western Oligarchy is Finally Over

Just recently China devalues its Yuan from the dollar to benefit its exporters while making US products more expensive to import, in addition to the massive unloading of US dollars and US treasury bonds in exchange for gold bars. These actions coupled with that of the Saudis may further weaken the influence of the fiat US dollar worldwide and indeed that’s the whole idea.

Contrary to most expert assessments, China does have the capacity to play with its own currency and in fact, with the whole economy because it can survive by itself without being too dependent on Western markets, but with just a little help from friends in the BRICS Alliance.

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Dethrone King Dollar

Here’s the former member of Obama’s economic team, munching antagonistic views against the king of world currencies, .i.e fiat US dollar.

” From 2009 to 2011, Bernstein was the Chief Economist and Economic Adviser to Vice President Joe Biden, executive director of the White House Task Force on the Middle Class, and a member of President Obama’s economic team.”

Dethrone King Dollar

us dollar bundles

WASHINGTON — THERE are few truisms about the world economy, but for decades, one has been the role of the United States dollar as the world’s reserve currency. It’s a core principle of American economic policy. After all, who wouldn’t want their currency to be the one that foreign banks and governments want to hold in reserve?

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US CORPORATIONS Are Dumping US$ in Favor of RMB

The Financial Reset is already unfolding right before our very noses. But it is done in a subtle manner to lessen mass disruptions.

Exactly who will benefit largely from this shift is still everyone’s guess, yet still we hope it’s the majority — the 99%.

The US Dollar had lost every reason to be the world’s reserve currency.

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Beyond the Smoke & Mirrors