The US dollar might be losing its steam

The weaponization of the dollar during the past few decades has forced nations to reduce their reliance on the currency,” Mokhber said, pointing out that the U.S.’s influence around the world is seriously threatened by the dollar’s decline.

END of the Dollar: SCO Nations to Abandon USD, Shift to Domestic Currencies for Financial Transactions

The United States dollar (USD) could suffer another huge blow that could send it down the drain as heads of the Shanghai Cooperation Organization (SCO) member states have made a landslide decision to conduct the majority of transactions in national currencies instead of the American dollar, following Iranian President Ebrahim Raisi’s proposal to ditch the dollar eventually.

Raisi warned against the world’s dependency on USD in global exchanges and pointed out the importance of de-dollarization to form a just international system, during a speech at the July 4 virtual 23rd SCO summit that was held after Iran gained full-fledged membership in the bloc.

“Based on the experience of the past decades, it is now obvious that militarism and the dominance of the dollar form the bases of the Western domination system,” the president stressed. “Therefore, any attempt to shape a fair international system requires the removal of this instrument of dominance in intra-regional relations.”

Global take down of the American empire shifts into HIGH GEAR

07/19/2023 // Mike Adams

Global take down of the American empire shifts into HIGH GEAR – NaturalNews.com This cryptocurrency will reportedly be decentralized, meaning that no nation can alter its ledger or print more coins (i.e. money) out of thin air. The fact that this BRICS-based ledger cannot be counterfeited will give it intrinsic value that will instantly make it a better store of value than the US dollar (which is losing purchasing power by the day). We can expect a rapid adoption of the BRICS cryptocurrency system by the nations of the world. And when those nations no longer need dollars to carry out transactions with other nations, they will dump the dollar.

Since they no longer need dollars, they also don't need dollar-denominated debt instruments. This means international holders of US treasuries will offload them, causing a supply glut of treasury debt instruments on the open market, making it far more expensive for the U.S. Treasury to try to auction new debt instruments that provide funding for the government's debt habit. And just like that, America's annual cost of servicing its own national debt will skyrocket into multiple trillions of dollars. Before long, the mad money printing machine will be cranking out dollars just to buy up treasuries so that the bankrupt government can service its own exploding debt with counterfeit money. This is a lot like a dog eating its own tail... and gagging with every bite.

The end result will be hyperinflation (of the prices of goods and service) combined with rapid devaluation of the dollar currency, which will ultimately go to zero.

This process won't happen overnight, but it will accelerate in a geometric fashion that will take most people by surprise. By the time they figure out their dollars are worthless, it will already be too late to head for the exits and convert those dollars to something else. Like gold, silver or crypto, for example.

In today's Brighteon Broadcast News, I cover this and more with Dave Hodges from The Commonsense Show:

  • Commercial real estate fire sale has begun as one building sells for nearly 64% discount

  • Ford slashes prices of its failed F-150 EV truck, while Tesla rolls out its ugly Cybertruck

  • Nigel Farage deplatformed from UK bank for being friendly to Trump

  • A warning about all financial services and platforms: Your access will be FROZEN if you oppose the trans cult or #climate cult.......

De-dollarization "Irreversible" - Putin Tells BRICS Summit In Remote Address

by Tyler Durden

Wednesday, Aug 23, 2023 - 05:44 AM

Update(1704ET): In their inaugural day 'family photo', BRICS leaders posed without Russia's President Putin, as FM Lavrov took his place given the ICC arrest warrant and Rome Statute would require the South African government to seek his arrest.

Putin addressed the summit remotely, and emphasized in the Russian-language speech that de-dollarization is "gaining momentum". He said the dollar's receding global centrality is an "objective and irreversible" process. As expected he struck an optimistic tone about the bloc's future, also at a moment China's XI is urging BRICS to become a geopolitical rival to the G7:

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2023 BRICS Summit | Chinese Embassy briefs media ahead of summit
South Africa will be hosting the 15th BRICS Summit next week. It's expected foreign dignitaries and business leaders from across the globe will attend. Today the Chinese Ambassador to South Africa, Chen Xiaodong held a briefing ahead of the summit next week. eNCA senior reporter Aviwe Mtila was there.

2023 BRICS Summit | Chinese Embassy briefs media ahead of summit

Brighteon Broadcast News, May 17, 2024 – Russia and China dump treasuries and dollars, 90% of trade REJECTS the dollar
Russian rocket firings off US West Coast, potential impact on flight safety. (0:03)

  • #Dollar decline and DEI fraud scheme involving Facebook and Nike. (5:03)

  • Why most #Jews oppose Zionism due to its supremacist philosophy. (14:19)

  • Zionism and its impact on Palestinians. (19:19)

  • Palestinian rights, Zionism, and human dignity. (32:10)

  • Potential changes under Trump 2.0, with focus on First Amendment and human rights. (38:45)

  • Trump's presidency, energy policies, and military intervention in Mexico. (44:46)

  • Potential military deployment to address illegal immigration and anti-Semitism, with concerns about authoritarianism and free speech. (56:11)

  • Luck, intuition, and #consciousness with author Randall Fitzgerald. (1:00:55)

  • #Intuition and consciousness with a writer who explores the science behind it. (1:08:18)

  • The power of intuition and consciousness in influencing chance events. (1:12:07)

  • The impact of human consciousness on the quantum world. (1:19:07)

  • Harnessing intuition and luck through meditation, vibrations, and spoken word prayer. (1:26:26)

  • The power of intuition and AI's potential impact on human consciousness. (1:31:15)
    Brighteon
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Proof US money goes to the State of Israel. "America belongs to Israel. America has fallen.

Two heads of one snake

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The AshkeNAZI Synagogue of Satan Explained.

3 MINS AGO: Japan's BIG Decision Shocked the U.S.: What the Hell is Going On?

The US economy faces a critical moment as Japan, historically one of the largest holders of US Treasury Securities, divests billions from its US bond holdings. With Japan's Treasury reserves shrinking from $1.87 trillion to $1.128 trillion in just months, the implications for US financial markets and the dollar's global dominance are alarming. Rising yields, de-dollarization trends, and Japan's shift to domestic assets signal a turning point for global economic stability. Could Japan's move be the beginning of a larger trend? Watch to explore the potential consequences for the US economy and beyond.

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NEW FINANCIAL REALITY FOR THE WORLD (SHAPED IN KAZAN)/ TOM LUONGO/ LIVE

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The Dollar and the Globalist Power Complex: Overcoming ‘Designer-Chaos’ at a Critical Moment for the Human Race

By Julian Rose

October 21, 2024


Order Out of Chaos – ‘E Pluribus Unem’– thanks to its being imprinted on the US Dollar bill, is a well known epithet. It is accompanied by a pyramid in whose apex is embedded the all seeing Eye of Horus.

You won’t find a more stark symbol of the ambition of the globalist power complex than this.

But as familiar as it is, it is worth reminding ourselves that this message is so brazenly printed on the bank note of the US currency because that country’s banking empire was designed to lead the take over and domination the world.

Picture of part of Great Seal of the United States with writing E Pluribus Unum, Out of many one, printed on One USA dollar banknote Stock Photo | Adobe StockWith the creation of The Federal Reserve as a public/private banking institution in 1913 came the financial means to fund the US as the new global hegemon, taking over where the British left off.

The Rockefeller family encapsulated US elite ambitions to bring into reality a ‘New World Order’ with US power brokers at the helm. Thus the despotic call for ‘Full Spectrum Dominance’.

Once joined up with the European Rothschild’s, a banking superpower was born that financed both the fascist and the ‘allies’ military industrial project, fully exploiting the power of the ‘divide and conquer’ formula during two world wars and beyond.

The objective was to not only get rich from war but also to crush the life out of the broad swathe of humanity whose instincts were essentially peaceful.

In order to be successful, this process – incorporating as it does general population reduction – needed to instil ‘chaos’ into the very foundation of society at a global level.

The instilling of chaos on a global level is a long term affair. It has to eat its way into the heart of relatively stable national institutions; cultures; established socio economic trading patterns; environmental protection; agriculture; the arts; education and of course standard financial practices.

What I think we can safely say is that this process of totally undermining the stability of planetary existence and the basic equilibrium of human life is only now coming into its full expression.

It needed to absorb every nation state of the Western world, of Eastern Europe and Asia and the great majority of Southern hemisphere land masses and peoples, before having the capacity to fully dictate terms on the global stage.

Such unbridled megalomania was encapsulated in the initiative known as The Project for the New American Century, established as a ‘think tank’ in the mid 1990’s, but actually operating as a global policy maker.

The human and collateral damage done since this time has been massive. However the US has bankrupted itself in the process, both economically and psychically. The bottom has fallen out of the world policeman’s beat – with the baton having been taken up by the shadow government hierarchy which is no longer identified with any particular land mass.

The deep state hierarchy was actually ‘in charge’ all along, but the US was chosen to be the front for its ambitions.

The global lockdowns achieved via mass promotion and indoctrination of the Covid scam are the most stark example of this one world dictatorship manoeuvring itself to exert the latest forms of chaos into every corner of the planet.

Chaos, taking the form of war fermentation, is now manifesting in Ukraine, Israel/Palestine, Jordan, Lebanon, Syria and seeks to draw in Iran, Iraq, Egypt, Saudi Arabia and pretty much the whole of the Middle East...

Continues.

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BRICS Countries Just Ditched the U.S. Dollar.

BRICS nations are moving away from the US dollar. Led by Russia and China, BRICS is expanding its influence and working on a new system; BRICS Pay... a way around the SWIFT network and a way around US sanctions. In this video we’ll discuss how global trade relies heavily on USD transactions, how this dominance grants immense leverage in international relations, and how that power is currently under threat.

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“Weaponizing the Dollar”: Trump Declares War on BRICS “De-dollarization”

December 13, 2024

Incoming US President Donald Trump is obsessed with imposing tariffs, believing this will resurrect the ailing economy. However, Trump faces the challenge that his reckless tariffs policy will only strengthen efforts to replace the US dollar as the global reserve currency, especially fearing a BRICS currency.

In a Truth Social post on November 30, Trump said:

“We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty US Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful US Economy.”

The president-elect’s threat to impose 100% tariffs on the BRICS+ countries that try to replace the dollar as the global reserve currency is excessively bombastic. Not only does it sound sterile, but worse, it would mean the geoeconomic and commercial suicide of the US since today, the BRICS+ have surpassed the G7 of which the US is a member.

Today, the G7’s GDP has fallen substantially behind, with 30% of the global GDP measured in Purchasing Power Parity. Even when measuring the combined economies of all 32 NATO members, accounting for 30.7% of the global GDP, it pales compared to the BRICS+ 35%.

In terms of population, BRICS+ – including its five new members Iran, Saudi Arabia, the United Arab Emirates, Egypt and Ethiopia – make up 45.3% of the world’s population, compared to 10% for the G7, while NATO represents about 973 million people.

It is clear that, up to this point, just by analyzing the hard geoeconomic data of NATO and its G7 allies, both have been significantly surpassed by the BRICS+, both in terms of GDP and population scale, not to mention their prodigious technological advances, from hypersonic missiles to military artificial intelligence.

Continues.