Russia And China Caught Colluding To Bring Down The American Dollar….
This could have been prevented from happening if President Trump was still in office.
But what else can we do? We have to face the reality that we have a puppet government working in the name of ‘equity,’ and this could be a huge blow not only for the inept Biden administration but to the American people as well.
A recent report confirms that China and Russia are taking their shot at the U.S. dollar by creating their own global reserve currency.
RT reported in late June that nobody even seemed to notice that Russia and the BRICS countries, including Brazil, Russia, India, China, and South Africa, are officially working on their own “new global reserve currency,”
The US currency is being destroyed by Biden, a warning that we have been telling you since Biden stole the 2020 Election.
Here’s what ‘Quoth the Raven’ Substack reported:
It shouldn’t be any surprise to those paying attention that Russia and China are strengthening their economic ties amidst continued Western sanctions on Russia as a result of the country’s war in Ukraine.
What may surprise some people, however, is that Russia and the BRICS countries, including Brazil, Russia, India, China, and South Africa, are officially working on their own “new global reserve currency,” RT reported in late June. Nobody even seemed to notice.
“The issue of creating an international reserve currency based on a basket of currencies of our countries is being worked out,” Vladimir Putin said at the BRICS business forum last month.
And of course, as Russia has been cut off from the SWIFT system, it is also pairing with China and the BRIC nations to develop “reliable alternative mechanisms for international payments” in order to “cut reliance on the Western financial system.”
Quoth the Raven noted that this move is huge and something that these countries have been working on for years. This will not be good for the US as inflation could be greatly impacted in a negative way.
Nikkei wrote at the time:
Dedollarization has been a priority for Russia and China since 2014, when they began expanding economic cooperation following Moscow’s estrangement from the West over its annexation of Crimea. Replacing the dollar in trade settlements became a necessity to sidestep U.S. sanctions against Russia.
Sources: TheGatewayPundit, RT, Substack, Nikkei