THE POSITION OF THE US DOLLAR AS THE WORLD'S RESERVE CURRENCY IN THE FUTURE
THE POSITION OF THE US DOLLAR AS
THE WORLD'S RESERVE CURRENCY
IN THE FUTURE
Why are bricks so important to the world's future?
Bricks definition:
They are the following countries: Brazil, Russia,
India, China,
and South Africa.
90% of the world's population lives in these.
five nations alone.
The Change:
Look back to 2017 when Germany made
a very big deal.
about repatriating their gold.
The Bank of Austria, the Bank
of Hungary, the Bank
of Turkey, the bank of Czech
national bank, and the
Dutch national bank.
These banks all adopted Germany's.
strategy.
The Banks title:
Give us our gold.
The banks of America and the Bank of
England has both heard that.
Even when gold wasn't performing well.
during that time, central banks were,
quietly boosting their holdings and
bringing them home.
The same banks that returned there,
gold purchased.
more gold in 2018.
The Sign:
By acquiring more gold, the banks
we're bringing.
their gold back from the
banks in the United States and
England.
Gold purchases doubled in 2019.
In addition to returning their gold,
the central banks
were covertly acquiring more of it.
The Event:
The event notice has been activated!
According to MR Andy Schectman,
the president and founder of
miles Franklin precious metals,
the Bank of International
The settlement, the central bank in
Basel, Switzerland, quietly reclassified
gold in April 2019 as the world's
only other tier reserve assets,
the same year that the banks
started stockpiling their gold.
Since 1944.
when World War II came to an end,
the only tier asset.
was the dollar and government bonds.
The awakening:
People are starting to awaken, assets.
and the west is starting.
to dominate the world through
commodities rather
then the Dept of the Dollar.
The 2020 project:
The Chinese Belt Road Rail Initiative
has planned for 2020 and,
significant events.
The infrastructure projects.
involved building.
bridges, railroads, and
roads to connect.
South America, sections
of Europe, and Asia.
The program:
Only military personnel were.
allowed to patrol and
oversee the program.
75% of the world's population is,
represented by the
aforementioned infrastructure initiative,
and transactions will be settled using.
the new Chinese digital yuan.
The Domination:
Since then, the domination project
had started the creation of new money.
The meaning:
75% of the world’s population
will switch to Chinese currency.
The currency's new movement:
In 2021, gold was purchased by Russia,
Turkey, India, Poland,
Thailand, Japan, Brazil, and the
Czech Republic.
The Question?
What led to the Dollar becoming,
the global reserve currency?
The Answer:
The Petrodollar.
When Henry Kissinger was
sent to Saudi Arabia to
reassure them of the American government.
commitment and support
through a military
cooperation pact and the delivery
of munitions.
(National security adviser
and former secretary
of state for the United States,
Henry Kissinger)
THE OPEC:
But to do that, OPEC will need to
set a global price for either oil or the dollar.
(OPEC DEFINITION:
13 nations make up the Organization of the
Petroleum Exporting Countries, an
intergovernmental organization.
Its founding five members established it on
September 14, 1960, in Baghdad, although its
headquarters have been in Vienna, Austria,
since 1965. (Although Austria is not an OPEC
member state.)
THE DEMANDS:
Every nation was required to pay for its
oil purchases in US dollars starting in 1974,
which led to the emergence of the Petrodollar.
The US dollar has since taken over as the
world's reserve currency.
The shift:
When America had to leave Afghanistan,
the Petrodollar and the backing system
started to change.
A joint military collaboration
was announced by Russia, Saudi Arabia,
and Nigeria.
THE TRADE:
Nigeria had begun to sell its
oil to the Chinese nations and get payment in,
YUAN.
often known as the "petrodollar Yuan bond."
The Belt and Road initiative, which is under
Chinese protection includes Nigeria.
THE SIGN:
Agreements had replaced US dollars as the
the primary medium of exchange for oil sales.
THE ANNOUNCEMENT:
Right now, Russia and China are
declaring a new global reserve
currency while standing arm in arm.
Saudi Arabia has joined the
BRICKS countries, and thanks to a military
cooperation pact, they will be protected by
China and Russia.
THE PURCHASES:
Every purchase, including those made in Yuan,
Rupee, Ruble, Euro, gold, and US dollars had
started in a different currency.
When the value of the dollar falls,
hyperinflation sets in and the
U.S. currency collapses.
Due to the loss of purchasing power,
higher interest rates have been observed.
Stocks, bonds, and real estate will all fall in
value if nations start selling off their currency.
THE EVENTS' INCREASING SPEED:
More money has been printed in the previous
three years than in all of American history.
The majority of the funds that were credited,
flowed into assets, where a billion dollars may,
be borrowed at 1%, and were immediately,
invested in cryptocurrencies and stock exchanges.
Everyone has made a fortune by easily repaying,
the loans thanks to the significant bounces.
The asset prices had already started to be,
distorted. Lower interest rates and significant
growth of credit cause distortion.
THE CONSEQUENCES:
More inflation results from a growth in the
system's unproductivity.
WHAT IS THE SYSTEM REST?
The bricks will start asking questions if,
additional sanctions keep all Russian assets in
the state is frozen!
DO WE COME NEXT?
Global consequences from sanctioning and
freezing Russian assets will be severe.
In 2022, 85% of the world's population,
including China, India, and South America,
are still trading with Russia despite all the
sanctions that are still in effect.
THE NEW PATH:
Now in 2022 Russian, Iran, and India, have
a new path that links the northwest of
Russia to the Persian Gulf directly into the
sea of Iran.
THE EFFECT:
What will happen when Saudi Arabia enters the
BRICS with China and Russia's support and
protection?
There will be a new payment method for buying,
electricity but in a different currency.
If several nations start selling their dollars and
using the new currency to buy and sell oil,
the age of the dollar may be coming to an end.
Article BY Youssef Chamoun 2022
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