The world bypassing MAGA fiat currency.
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The world bypassing MAGA fiat currency.

By anonymous following x   2017 Oct 9, 11:18am 111 views   0 comments   watch   quote     share    


" Iran and India, but also Iran and Russia, have often traded hydrocarbons in exchange for primary goods, thereby bypassing American sanctions.
Likewise, China’s economic power has allowed it to open a 10-billion-euro line of credit to Iran to circumvent recent sanctions.
Even the DPRK seems to use cryptocurrencies like bitcoin to buy oil from China and bypass US sanctions.
Venezuela (with the largest oil reserves in the world) has just started a historic move to completely renounce selling oil in dollars, and has announced that it will start receiving money in a basket of currencies without US dollars. (This is not to mention the biggest change to have occurred in the last 40 years).
Beijing will buy gas and oil from Russia by paying in yuan, with Moscow being able to convert yuan into gold immediately thanks to the Shanghai International Energy Exchange."

"As the U.S. Treasury and Federal Government continues printing money and increasing its debt by $500 billion at a clip, the rest of the world is no longer going to sit around and wait for the negative ramifications."

Thanks Republican Fiscal Conservatives.

https://srsroccoreport.com/stunning-u-s-government-debt-increase-in-past-few-days-while-no-one-noticed/
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