Reaction & Commentary
Be there it’s still very strong so on and so on that’s true that is true the dollar is very likely not going to go away this isn’t like the dollar is going to just poof Into Thin Air and just disappear and that’s the end of it what’s happening and what’s already
Happened enough to impact it is that the dollar is going to become one of many currencies on the world stage and it’s going to lose its base it’s basically it’s Monopoly on global transactions once that Monopoly is lost that means that the the Amer that America’s Main capability sorry main ability to hold
Other countries accountable for example if Iran tries to develop nuclear weapons we sanction them if North Korea develops nuclear weapons or launches nuclear tests we sanction them China right now the CCP is harvesting organs from living falun gong practitioners and people who practice other religions and their Congress right now is working on
Sanctioning them uh anytime there’s an abuse of Human Rights a country Russia invades Ukraine we sanction them and this is the way the United States has maintained essentially an element of Global Peace what we call Pax Americana the peace under America now that includes some things I don’t
Like which is for example sending huge amounts of money to every country on Earth just about part of that is just the way that Digi is the way that world Reserve currencies work America is not the first country in the history of the world to have had to basically Run the
World Reserve currency you often need to provide money to certain countries to give them incentive to use the currency that you are you know basically controlling this has huge advantages mainly just in the enforcement of standards and essentially for the United States that’s been what we’ve gotten out of it
I wouldn’t I don’t think we’ve actually benefited much as a people but I would say the world has benefited quite a bit from the American idea that has been supported through the the US dollar being the world Reserve currency that is about to come to an end
And I would argue maybe is already past the threshold where it would have meant anything at this point now if if China invades Taiwan if Russia invades Poland if North Korea launches nuclear tests or even decides to like attack South Korea there’s nothing we can do at least not using currency that will
Have any consequence other than going to war with them that that buffer between that that buffer of hostilities between diplomacy and War right Financial pressure was the buffer that buffer is now gone it is now diplomacy or War if we’re going to enforce any kind of global standards that’s why this matters
So much You could argue the CCP was already undermining this to an extent countries that were sanctioned by the United States could still trade with China and the CCP through that mechanism was running what it called the Pax Seneca the peace under China and in their eyes
The PAC Seneca is the replacement to the Pax Americana the peace under America the Pax cynica represents something very different what the CCP promotes is the idea that countries can do whatever the heck they want to their citizens you want to kill them you want to starve
Them you want to invade another country hey so be it that’s the ccp’s way of doing things what is considered unethical under the Pax cynica is if another Nation tries to criticize other nations for their actions in other words there’s no longer a standard the only standard is do not
Criticize me for what I’m doing that’s what the alternate the alternative to the U.S led system is the future that represents is one of war the future that represents is one of absolute tyranny without any kind of consequence or mechanisms for holding them accountable the future that that
Represents is one where there’s no longer any kind of standard of enforcement for basic rights and liberties the idea that America represented of the world will come to an end if that is the way things move towards and that is why the Pax cynica or what
They call the China model or the China dream as they also call it is such a danger to the world the CCP is exporting this through many mechanisms one of them would be the centralized banking digital currencies another one would actually be the way they manufactured the covid-19 response
Including for example the lockdowns The Mask mandates the vaccine passports systems of social control using a new type of high-tech tyranny that the CCP has also been promoting such as monitoring Technologies surveillance digital IDs and so on which are used to then monitor citizens and ensure that they are complying with State policy
The CCP even through the one belt one road initiative where it’s going to Africa in Latin America and even Australia and other countries and building critical infrastructure they are also constructing a lot of the core Technologies for the implementation of what they call the Social credit system which includes cameras
Um you know things that monitor Biometrics eye movements all kinds of things which can be used to track manage and give ratings to different citizens within that country the CCP is spreading its model of governance and that is the main Contender to the US model now folks
Um you know that I’m a Critic of you know a lot of the bad policies right here in America I don’t in my in my opinion some people are like well why do you criticize China when there were problems in America look there can be more than one thing wrong in the world
At a time you know I hate to break it to you there’s more there can be more than one thing wrong in the world at a time just because China does something wrong doesn’t mean everything America does is right and it doesn’t mean that we shouldn’t criticize bad things as they come it’s
Not like an absolute black and white you you like one country therefore you have to approve of every single thing they do it’s not like that but I will tell you as much as we criticize what’s happening in the United States it is nothing compared to what you have in some countries
They are much much further along the Tyranny that exists is much much more entrenched and what the China model represents is a nightmare future it is it is the worst thing that could happen to the world if if that becomes the way things are I will say with some happiness that uh
Both both sides of our political Spectrum whether you’re Republican or Democrat for the most part they have stood up against the CCP even though you do have a lot of corruption and they have taken some very good moves to criticize the CCP for things like human rights abuses the latest one being
Their criticism of organ harvesting which was notably passed by I think all but two members of the House of Representatives just recently and so that being said the dedolarization movement is very consequential this is not something we should just ignore as much as you know
I’d like to as much as I criticize the Federal Reserve and printing you know Federal Reserve banknotes and as much as I dislike some of the financial institutions right here in the United States I would take them any day of the week over what the CCP is pushing any day of
The week folks and this is something we should all be paying attention to let me show you what’s happening right now we’ll start at the top this is first off here on Twitter it says why are countries ditching the US dollar as an intermediary China and
Brazil reached a deal to trade in their own currencies China and France completed their first Yuan settled LNG trade you want to be the Chinese currency signaling an end to of using the US dollar for these energy trades benzinga another article here it says hold on to your wallets a new world
Currency could be in the making courtesy of brics Nations similar to the euro we write a uni essentially a union of nations currency through the brics Nations it says here the brics alliance is exporting the creation of an Innovative currency with plans to share proposals of its on its establishment at the
Forthcoming Summit in South Africa according to Alexander babikov Deputy chairman of Russia’s Parliament the state Duma speaking at the Saint Petersburg International economic Forum event in in New Delhi India on Thursday babikov said the plan is to initially transition to using domestic currencies in transactions and then introduce and
Circulate a digital or alternative form of a groundbreaking currency in the near future like a cbdc for example centralized Bank digital currency babakov anticipates that the brics leaders Summit will reveal a preparedness to implement this particular initiative with work on the project ongoing news agency Sputnik Russian media reported
Let me show you something else macron in France getting on the side of the CCP and turning against the United States says macron says Europe should reduce dependence on U.S dollar after meeting with China’s XI as in Xi Jinping says French president Emmanuel macron has suggested that Europe should reduce
Its dependency on the United States amid reports that some countries have begun quote D dollar D Dollar Rising he said this is uh during his meeting told us to Politico there was a great risk Europe gets caught up in the crisis in in crises that are not ours which prevents it from
Building its strategic autonomy it says she and the Chinese Communist Party have backed macron’s quote strategic and autonomy concept as CCP officials often refer to it when meeting with other European officials and he said quote the Paradox would be that overcome overcome with panic we believe we are just America’s followers
That’s macron saying this in the interview and he said is it in our interest to accelerate a crisis on Taiwan for example how do you accelerate a crisis in Taiwan you mean if the CCP invades Taiwan and then you defend a country defending itself against the CCP that’s what he’s saying
And then he says quote the worst thing would be to think that we Europeans must be followers on this topic and take our cue from the U.S agenda and to Chinese overreaction I.E a war between China and the United States after meeting with Xi Jinping notably it says macron also suggested with the
Strong support of Beijing and Moscow Russia and China that European nations should reduce their dependence on a quote extraterritoriality of the US dollar I.E the US dollar being in other countries being used in other countries he said if the tensions between the two superpowers heat up we won’t have the
Time nor the resources to finance our strategic autonomy and we will become vassals in other words they’re saying that if China and America go to war with each other they don’t want Europe helping America they want to be out of it it’ll be in America versus China war and maybe Russia as well
And they want to pull their currency out and not be in any way involved they will not help us that’s what he’s suggesting another story here Epoch times no reason for Malaysia to rely on U.S dollar prime minister says so Malaysia here says Malaysia no longer believes
It’s necessary to depend on the U.S dollar prime minister Anwar Ibrahim said during an address to the nation’s Parliament Following last week’s State visit to China and you’re seeing a pattern here folks people meet with China then they suddenly come out and say why do we need
The US dollar let’s abandon the US dollar hey why didn’t look at my random idea that has nothing to do with my meeting with Xi Jinping that’s right this is what they keep saying they meet with China they meet with Russia and then suddenly like hey I have
A great idea why don’t we ditch the US dollar in cases of war with China and the United States hey uh what a random idea I wonder who came up with it right different countries keep stating this essentially
