DOLLAR DEMISE: Shift from Dollar-Based Financial World to CBDC-Focused System is IMMINENT

• DOLLAR DEMISE: Shift from Dollar-Based Financial World to CBDC-Focused System is IMMINENT
  by Belle Carter, https://www.naturalnews.com/
  The Bretton Woods Agreement of 1944, which involved representatives from 44 nations, established a system through which a fixed currency exchange rate could be created using gold as the universal standard. It made the dollar a superpower. Its two major accomplishments were the creation of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), commonly known as the World Bank.
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  However, capital immobility hindered trade among countries. Since encouraging free trade was one of the initial goals of the system, it was undermined by capital immobility, leading to the collapse of the Bretton Woods system.
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  The Burning Platform‘s economic and political writer Brandon Smith recently warned: “Think of world reserve status as a ‘deal with the devil.’ You get the fame, fortune, trophy dates and a sweet car for a while. Then one day the devil comes to collect and when he does, he’s going to take everything, including your soul. Unfortunately, I suspect collection time is coming soon for the United States.”
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  According to him, the Department of the Treasury understands that there is constant demand for dollars overseas as a means to more easily import and export goods. The petrodollar monopoly made the U.S. dollar essential for trading oil globally for decades. Of course, the central bank of the U.S. has been able to create fiat currency from thin air to a far higher degree than any other central bank on the planet while avoiding the immediate effects of hyperinflation, he added.
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