fiat currency
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From the horse's mouth: U.S. Dollar Strategic Backfire On U.S. Government Policy
It is very difficult to find a foreign policy deployed by the United States Govt that has been successful in recent years. In fact, almost all aggressive foreign policy initiatives have resulted in profound losses either in financial strategic position or in alliances with previous staid allied nations. They have almost uniformly backfired, while bravado… Continue reading
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Dollar Imperialism, 2015 Edition By MICHÈLE BRAND and RÉMY HERRERA
The Fed effectively acts as the world’s central bank, but sets monetary policy only in its own interest. Under the pressure and the orders of financial oligopolies, it fixes interest rates and prints money to suit itself, sending economies across the globe into tailspins. When the Fed wanted to halt the decade-long decline in the… Continue reading
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Grand Geopolitical Project: Russia’s Gazprom signs Agreement to Abandon the Dollar By Umberto Pascali
Despite the pressures from Wall Street and its military, propaganda and political apparatus, 9 out of 10 consumers of Gazprom’s oil and gas agreed to pay in Euros. Of course, the big watershed was the Gazprom unprecedented 30-years $400Bl natural gas supply to China signed in Shanghai last May 21 in the presence of President… Continue reading
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Grand Geopolitical Project: Russia’s Gazprom signs Agreement to Abandon the Dollar By Umberto Pascali
Despite the pressures from Wall Street and its military, propaganda and political apparatus, 9 out of 10 consumers of Gazprom’s oil and gas agreed to pay in Euros. Of course, the big watershed was the Gazprom unprecedented 30-years $400Bl natural gas supply to China signed in Shanghai last May 21 in the presence of President… Continue reading
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On the «bombshell» dropped by China on 20 November 2013 (II) By Valentin Katasonov
The possible repercussions of «liberating» the yuan. We, however, are not going to put a lid on it as the Chinese liberals would like to do, but are going to continue examining the chain of cause and effect: Continue reading
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On the «bombshell» dropped by China on 20 November 2013 (I) By Valentin Katasonov
Since 21 November, an article by well-known financial analyst and blogger Michael Snyder under the headline «China announces that it is going to stop stockpiling US dollars» has spread through the media like wildfire. Continue reading