Chess Master Putin Is Moving Closer To Destroying The US Dollar
- Chess Master Putin Is Moving Closer To Destroying The US Dollar
by https://kingworldnews.com/
As we continue to kickoff what promises to be a wild year in financial markets, one thing is certain, chess master Putin is moving closer to destroying the US dollar.
–
A tale of two worlds
February 3 (King World News) – Alasdair Macleod: In the war between the western alliance and the Asian axis, the media focus is on the Ukrainian battlefield. The real war is in currencies, with Russia capable of destroying the dollar.
–
So far, Putin’s actions have been relatively passive. But already, both Russia and China have accumulated enough gold to implement gold standards. It is now overwhelmingly in their interests to do so.
–
From Sergey Glazyev’s recent article in a Russian business newspaper, it is clear that settlement of trade balances between members, dialog partners, and associate members of the Shanghai Cooperation Organisation (SCO) optionally will be in gold. Furthermore, the Russian economy would benefit enormously from a decline in borrowing rates from current levels of over 13% to a level more consistent with sound money.
–
read more.
end