Is this migration away from the dollar a natural progression, or a buildup of conflict to the One World Currency coveted by the psychopathic cabal of Banksters? The US has increasingly abused the position of the dollar, and it is appropriate that countries affirm their sovereignty and build basket currencies. This is part of a trend we are seeing worldwide where countries, such as in Latin America, are dumping the dollar in favor of a combination of currencies. Holding reserves and paying loans in different currencies can be seen as analogous to an individual investor or firm diversifying her portfolio. The dollar is losing its status as the world reserve currency slowly but surely, and todays news is another step in that direction. The US has acted recklessly in over printing the dollar, and using gun-boat diplomacy over the years to compel countries to hold dollars. Its only natural and sane that countries will gradually opt out of holding US dollar reserves, maintaining their sovereignty, and improving living and working conditions for the people. fortruss.blogspot/2014/12/russia-china-start-trading-in-local.html
Posted on: Sat, 03 Jan 2015 16:08:22 +0000
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