Looks like the U.S. Dollar is under attack

[GregV814]

Dumping the Dollar: Will a new BRICS currency replace the US currency for trade?

The BRICS collective, comprising Brazil, Russia, India, China and South Africa, is working on a common currency in an attempt to ditch the US dollar and push back against America’s dominance. The move comes as Moscow and Beijing call for de-dollarisation in the face of Western sanctions

www.firstpost.com

 

[LightRoasted]

For your consideration ...

Has been for quite some time now. It's just that more and more countries realize, and understand, that the USA cannot exert the necessary punishment to keep these counties inline forcing compliance in the use of the dollar as we used to do in the past. A weak Nation issuing a fake fiat reserve currency being devalued on a daily basis by the process of inflation, also known as the unjustifiable and reckless expansion of the money supply, just doesn't have the appeal as it once had.

Expect the coming of much higher inflation when those reserve dollars other countries hold aren't needed or used anymore for trade. Because the US dollar is only good here in the US. Which will be used to buy anything and everything in the US by these countries. Inflation? You ain't seen nothing yet.

 

[Hijinx]

For your consideration ...

Has been for quite some time now. It's just that more and more countries realize, and understand, that the USA cannot exert the necessary punishment to keep these counties inline forcing compliance in the use of the dollar as we used to do in the past. A weak Nation issuing a fake fiat reserve currency being devalued on a daily basis by the process of inflation, also known as the unjustifiable and reckless expansion of the money supply, just doesn't have the appeal as it once had.

Expect the coming of much higher inflation when those reserve dollars other countries hold aren't needed or used anymore for trade. Because the US dollar is only good here in the US. Which will be used to buy anything and everything in the US by these countries. Inflation? You ain't seen nothing yet.

I warned about this a couple of weeks ago.
There are Billions of dollars in other countries that are going to end up coming back to us, and in reality they aren't worth anything as other countries are beginning not to accept them for goods. What are we going to use to pay for products when others stop accepting them.

This is a self made problem , it isn't something other countries did to us. This is more of the Biden Government coming home to roost.
Pretty sure the funds we are sending to Ukraine and other countries we are supporting will still take these dollars but hey won't buy as much even for them. We are in the deep sh*t and printing money and opening our borders and EV's is not going to get us out of it.

 

[LightRoasted]

For your consideration ...

I warned about this a couple of weeks ago.
There are Billions of dollars in other countries that are going to end up coming back to us, and in reality they aren't worth anything as other countries are beginning not to accept them for goods. What are we going to use to pay for products when others stop accepting them.

This is a self made problem , it isn't something other countries did to us. This is more of the Biden Government coming home to roost.
Pretty sure the funds we are sending to Ukraine and other countries we are supporting will still take these dollars but hey won't buy as much even for them. We are in the deep sh*t and printing money and opening our borders and EV's is not going to get us out of it.

Just a slight correction ...... There are trillions of dollars in total being held by other countries.

To answer your question, "What are we going to use to pay for products when others stop accepting them." We will still use our dollars, though, first we will have to buy the currency that the country that exports to us their widgets to buy those widgets. Whereas at present, say, the exchange rate for the Chinese Yuan is currently 6.70 to 1 US Dollar. Now reverse it. Soon it will take $6.71 US Dollars to buy 1 Chinese Yuan. That's how it will work. Then, at that time, we will officially become a third world Nation.

And though Biden and Co. has accelerated the currency problem, inflation and all that it incurs and causes, all the blame rests squarely with the creation of the Federal Reserve in 1913. We, as a Nation, have not been in control of our monetary system since then. All presidents after, regardless of party affiliation or motivation, be damned.

 

[Hijinx]

The Federal Reserve did not sanction Russia so now they want Rubles.
The federal reserve did not have anything to do with our energy Independence that Biden destroyed and forced the world to turn to OPEC and Russia for oil. The federal Reserve did print the trillions that got us into debt, but at the request of Government. The federal Reserve does not send money and weapons that cost money to Ukraine. The federal Reserve does not allow our manufacturers to move to China for cheap labor.

I don't doubt that the federal reserve is a large part of our problem, but don't let Joe Biden and both political parties off the hook.

 

[Clem72]

Nothing any of these guys can do is anywhere near as damaging to the dollar as the self-imposed inflation. I remember the talk when the national debt hit 1T in the 90s, like it was the absolute end of the world. But we accepted it and moved on. Now the number is shooting up so fast it's possible we will have a quadrillion dollar debt before I die. Enough money that every person in the united states will owe over $3 million bucks. Nice.

 

[LightRoasted]

For your consideration ...

The Federal Reserve did not sanction Russia so now they want Rubles. The federal reserve did not have anything to do with our energy Independence that Biden destroyed and forced the world to turn to OPEC and Russia for oil. The federal Reserve did print the trillions that got us into debt, but at the request of Government. The federal Reserve does not send money and weapons that cost money to Ukraine. The federal Reserve does not allow our manufacturers to move to China for cheap labor.

I don't doubt that the federal reserve is a large part of our problem, but don't let Joe Biden and both political parties off the hook.

Actually, the Federal Reserve, through its agents implanted within our own govement, along with the ever present compromised elected folk, has an extremely heavy hand in the direction and in every operation of our Nation. Including any and all energy policies. The Federal Reserve does profit handsomely from the war in Ukraine. They may not send the money directly to Ukraine, nor purchase and ship the weapons, but the money created through them, adding to our Nation's debt, goes to finance all of it.

These evil Synagogue of Satan worshipers work on a very long timeline. The destruction and theft of our Nation's resources and individual labors began a long long time ago.

"I don't doubt that the federal reserve is a large part of our problem, but don't let Joe Biden and both political parties off the hook." It's not Biden, nor the parties as a whole, that are running, ruining, this Nation. Hasn't been such for a long long time. As unpopular it is to say, and yet is the truth, it is the dual citizens that are running, ruling, our Nation.

As far as being energy independent? More of the machinations of the Fed. The Federal Reserve, the private international bankers, do not want an independent United States. Simple as that. In addition to OPEC wanting not to continue to take the continuing devalued dollars. BTW. Don't think for a minute that these OPEC nations do not understand what our Federal Reserve and our fiat currency is all about. But, as they say, they've been literally "under the gun", forced, to accept the US dollar as trade for their oil/gas/energy. With this understanding, they use those excess dollars to buy our treasury bonds, (as part of the back room deal), and to purchase our lands, real estate, business and the like with those extra dollars. Just like what China does. That's what these so called, sovereign wealth funds, consisting of excess US dollars, in each respective country, are used for. To buy us out.

Until that elephant in the room, the privately owned central bank known as the Federal Reserve, is shot and buried forever, nothing, absolutely nothing, will change in this Nation.

 

[stgislander]

For your consideration ...



Actually, the Federal Reserve, through its agents implanted within our own govement, along with the ever present compromised elected folk, has an extremely heavy hand in the direction and in every operation of our Nation. Including any and all energy policies. The Federal Reserve does profit handsomely from the war in Ukraine. They may not send the money directly to Ukraine, nor purchase and ship the weapons, but the money created through them, adding to our Nation's debt, goes to finance all of it.

These evil Synagogue of Satan worshipers work on a very long timeline. The destruction and theft of our Nation's resources and individual labors began a long long time ago.

"I don't doubt that the federal reserve is a large part of our problem, but don't let Joe Biden and both political parties off the hook." It's not Biden, nor the parties as a whole, that are running, ruining, this Nation. Hasn't been such for a long long time. As unpopular it is to say, and yet is the truth, it is the dual citizens that are running, ruling, our Nation.

As far as being energy independent? More of the machinations of the Fed. The Federal Reserve, the private international bankers, do not want an independent United States. Simple as that. In addition to OPEC wanting not to continue to take the continuing devalued dollars. BTW. Don't think for a minute that these OPEC nations do not understand what our Federal Reserve and our fiat currency is all about. But, as they say, they've been literally "under the gun", forced, to accept the US dollar as trade for their oil/gas/energy. With this understanding, they use those excess dollars to buy our treasury bonds, (as part of the back room deal), and to purchase our lands, real estate, business and the like with those extra dollars. Just like what China does. That's what these so called, sovereign wealth funds, consisting of excess US dollars, in each respective country, are used for. To buy us out.

Until that elephant in the room, the privately owned central bank known as the Federal Reserve, is shot and buried forever, nothing, absolutely nothing, will change in this Nation.

That's code for the Jews... right?

 

[Clem72]

That's code for the Jews... right?

Using the word synagogue was a bit suspicious, but calling out the Fed isn't some kind of dog whistle against Jewish people. In fact there isn't a single person on the Fed board:

Federal Reserve Board of Governors - Wikipedia

en.wikipedia.org

 

[stgislander]

Using the word synagogue was a bit suspicious, but calling out the Fed isn't some kind of dog whistle against Jewish people. In fact there isn't a single person on the Fed board:

Federal Reserve Board of Governors - Wikipedia

en.wikipedia.org

I'm referencing the historical context.

Synagogue of Satan - Wikipedia

en.wikipedia.org

 

[LightRoasted]

For your consideration ...

That's code for the Jews... right?

Zionists. Bolsheviks.

Using the word synagogue was a bit suspicious, but calling out the Fed isn't some kind of dog whistle against Jewish people. In fact there isn't a single person on the Fed board:

Agents of .....