Restored Republic👉 The Changing Of The Guard, Ariel:
It is widely known that 21 major countries are currently refusing to use the US dollar for oil transactions. Countries such as Russia, China, India, and even Germany, France, and the United Kingdom are among those who will no longer accept US dollars. The deadline for the cessation of US dollar acceptance for oil transactions is set for October 31, 2023.
With this new shift, these countries will no longer purchase bonds that cannot be used for oil trade, marking a transition to a new reserve currency.
Consequently, a massive influx of dollars held in foreign accounts is expected to return to the United States, posing a significant threat to the American monetary system.
A critical signal of this impending crisis is China’s announcement of its intention to halt the purchase of US debt, thereby leading the Federal Reserve to increase its current rate of dollar printing from $85 billion. The impending catastrophe is anticipated to
It is widely known that 21 major countries are currently refusing to use the US dollar for oil transactions. Countries such as Russia, China, India, and even Germany, France, and the United Kingdom are among those who will no longer accept US dollars. The deadline for the cessation of US dollar acceptance for oil transactions is set for October 31, 2023.
With this new shift, these countries will no longer purchase bonds that cannot be used for oil trade, marking a transition to a new reserve currency.
Consequently, a massive influx of dollars held in foreign accounts is expected to return to the United States, posing a significant threat to the American monetary system.
A critical signal of this impending crisis is China’s announcement of its intention to halt the purchase of US debt, thereby leading the Federal Reserve to increase its current rate of dollar printing from $85 billion. The impending catastrophe is anticipated to
03:18 PM - Nov 01, 2023
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