The dominoes begin to fall on the US empire
As we have consistently warned for more than a year, Operation Sandman has now been activated, with Saudi Minister of Finance, Mohammed Al-Jadaan, telling Bloomberg TV (during a WEF Davos interview) that the Saudis will gladly accept all currencies for settling oil transactions. (Reported by OilPrice.com)
The foundational pillar of US global currency dominance and its ability to export inflation to the world is based on the so-called Petrodollar status, in which the US agreed to protect the (corrupt) Saudi kingdom in exchange for the Saudis demanding US dollars for all oil transaction settlements. This agreement has been in place since the Bretton Woods conference in 1944 and has carried the dollar until today.
But this arrangement is now coming to an end.
Very few Americans have any clue what this means to their assets and their future.
Also, very few people realize that over 100 nations are prepared to renounce the petrodollar as the dominant currency for oil settlements. Instead, many nations are going to switch to using the Yuan (from China), or the digital Yuan, or the new BRICS+ commodities-backed reserve currency that’s about to be launched by China, Russia, India and other participating nations.
The dominoes have been set into motion. And as this plays out, it means dollars will come flooding back to the United States as world nations dump the greenback fiat currency they no longer need. This means dollars will experience rapid devaluation in their purchasing power, which will be reflected in higher prices — i.e. inflation — in consumer goods such as groceries, automobiles and more.
Watch the video and then read the rest of the article here:
Go ahead and switch to yuan and digital currency. Out of the frying pan and into the fire is all that amounts to, lol.
ReplyDeleteUnless the fed takes all those returned dollars out of circulation and shrinks the printed fiat money supply which would have the effect of increasing the value of the dollars everyone still holds. Qualitative tightening its called, the inverse of Qualitative easing.
ReplyDeletepls keep sharing. we need to know.
Deletewoman:janmarieJanuary 19, 2023 at 3:23 PM
ReplyDeletepls keep sharing. we need to know.
qwant.com/?q=end+of+petrodollars&origin=suggest&t=web
Dear TrueGod, present in our DNA, Make America Free of BabilonianDogma, and Healthy, and Prosperous, and the rest of the world will follow. m
P. S. For the Record
famguardian.org/Subjects/LawAndGovt/NewWorldOrder/DeclarationToAbolishUSGov.htm
m, thanks.
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