Putin Wants to Axe Dollar from Russian Trade
- The logical move for both Russia and China to fight against the US is to end the western Illuminati’s global monetary hegemony. The chief component of which is the US dollar. Because the dollar is the world reserve currency, the western Illuminati is able to create trillions of dollars out of thin air to finance wars without end, to buy up the world, to attack nations financially, economically, to manipulate and control commodity, precious metals, agriculture … prices, cause famine, destabilize the world, finance, foment terrorism … etc.
– - The attack against the petrodollar by Putin is in this direction. Oil is priced and sold in dollars. Thus, creating artificial demand for USD. Since all countries need oil, they keep USD to buy oil. By destroying this petrodollar link, the great demand for the USD will disappear. It also means the end of the USD as world reserve currency.
– - China is also about to strike at this link by initiating the purchase and sale of oil in Chinese Yuan (CNY, RMB) ie. a PetroYuan standard. China is already taking actions to end the manipulation of gold/silver prices in the Shanghai Exchange. The end of precious metals price manipulation also means the end of unbacked fiat currencies. The Chinese will implement a gold trade note international trade settlement system. These actions imply a Return to the Gold Standard. It is a direct assault on Wall Street and London as financial centres of the world. Ie. it is a direct attack on the pricing of financial assets, stocks, commodities … in the US dollar, to be replaced by Shanghai and denominated in Chinese Yuan.