Death of the Petrodollar
CCP & Saudi's will likely unseat trade for oil denominated in dollars soon.
The Chinese Communist Party & the Federal Reserve (by way of currency devaluation) have long entered a contest to see who can destroy the value of the US dollar most quickly.
The CCP is now working on a methodology where it can buy oil produced in the Middle East directly in yuan — thereby strengthening the value of yuan as an ‘export’ by bypassing the traditional ‘petrodollar’ exchange.
At some point — the CCP may even want to de-couple the yuan from its fixed exchange ratio with us dollars. A price that they manipulate to benefit Chinese exports. All they need to work out are the international payment and settlement systems, as well as the timing of all these moves.
If this happens in the near-term — expect a massive drop in the standard of living in most Western countries practically overnight.
WE SHOULD DEMAND REPAYMENT FOR ALL THE DEFENSE SPENDING!!!!!
What's the plan on digital currency. Those mandates take your spending and make you spit it like vomit in their esg companies. It's a circular control. Magnifying their companies and downgrading ma pa and anything conservative. They will punish you with your own earnings for beliefs expression. It's unholy. And frankly it will take your house and mortgage payment for failure to vaccinate. Time to shift. WHO one certificate and CBDC is their maniac move. Lawyers it is a 💯 violation of freedom of expression. Where the expression is your choice to spend and curate your life without micromanagement. Injunctions to highest courts must fly now. Senator Ron Johnson must understand.
Time to ramp up.