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On this particular episode, we sat down with James Gorrie, writer of “The #ChinaCrisis,” author at The Epoch Instances, and blogger for The Banana Republican. He talks in regards to the foreign money wars. Is the greenback’s dominance going to fall?
And within the second half, Grant Newsham, retired Marine Col. and director of One Korea Community, touches on what it could imply for People if battle had been to interrupt out between China and Taiwan, the strategic implications, and extra.
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China’s central financial institution #DigitalCurrency debut ‘a sputnik second’: James Gorrie | China in Focus
#DollarDominance
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This guy is either too stupid or on someone's payroll.
A digital currency that is controlled by the CCP, where they can freely delete people's money, is never going to be able to threaten the US dollar.
A first strike event against Beijing will cripple Russia too. We need real leaders.
Did she say hegemony?
They are all getting rich from the blood of the Ukrainian people! I'm so disgusted!
This war has been planned. It's obvious that the evil countries wanted to break the free world.
I don't see how anyone could trust China not to manipulate the currency. They lie about everything!
ุชุนูู ูุง ุฃูุซุฑ ุนู ุงูุฅุณูุงู ุจูุบุชูู ู ู ุงููุช ุฃูุงูููุชูุจุงุช ุฃู ูุช ุงูุฌูุงู ููู ุงูุฌูู ูุงูุณุนุงุฏู ูู ุงูุฏููุง ูุงูุขุฎุฑู๐โค
Tiffany, another excellent video by you as usual. Your questions were equally fascinating. Can you make a video on Indian Nuclear Tests in 1998 and the present nuclear projection. How effective are the Indian Nuclear Weapons! Please bring an American Authorative
{Continued from my last comment…. }Please bring an US Authority on the subject.
"its not all doom and gloom"
Thats cope language if i ever heard it. America is infested from the inside out and will do NOTHING against china. The world will collapse and at best were all nuked and at worst…a world order regime. hell just look at the cowerdly EU as well. These pathetic cowardly businesses who invest in axis powers arnt human and i refuse to call them such
No one will use Chinas currency, this guy is full of shit , China isnโt even second or third (Euros or Japanese Yen even Britain are before it) China without exports is nothing.
they say, for as long as the US has trust in God & expressed it in its currency "In God We Trust", then the US$ will play a dominant role…๐โฅ๏ธ๐
I love how every pro-U.S. tried their best to convince people how evil China is but not even protest and tell FED to revert U.S. dollar back to good old money again.
It's official! Russian Central Bank announces that the ruble is tied to gold! 5000 rubles per gram.
The Central Bank of Russia has officially announced that the Russian ruble will be tied to gold as of March 28, 2022, The rate is 5,000 rubles per gram of gold ingots.
There are 28 grams in each ounce. 28 grams for 5,000 rubles per gram is 140,000 rubles.
Are you following me this far?
The conversion rate of rubles into US dollar is 100 rubles, 90 pounds, for each US dollar.
If the rubles are tied to gold at 5000 rubles per gram, and there are 28 grams per ounce, which means that an ounce of gold would cost 140,000 rubles, then the conversion into US dollars means that gold costs 1400 dollars per ounce when used the rubles, instead of 1,928 dollars by ounce using the dollars.
Russia just wiped out about 30 percent (30%) of the US dollar worldwide when it comes to gold ingots.
People all over the world are literally throwing their money on the ruble and throwing away dollars and euros to do it.
What Russia just did is the financial equivalent of detonating a nuclear bomb.
FYI, the last guy on this planet to try to support a currency with gold was Muammar Quadaffi of Libya.
NATO entered Libya, bombed it to death, until the Libyan people took Quadaffi on the street, beat him with blood and planted a bullet in their head.
As of now, 10:39 PM EDT, I suspect bankers around the world are on the phone between themselves and the heads of state, instructing them that what Russia has done will totally destroy both the US dollar and the euro, and those bankers of Frog to the heads of state that world war 3 must start immediately.
Let me explain why.
Today, the Central Bank of Russia anchored the ruble to gold.
Last week, Russia said it would sell only OIL and GAS in . . . . Ruble!
This means that Russian oil and gas are anchored in gold with rubles like gold proxy.
EFFECT: Europe (which needs Russian gas and oil) will now have to buy rubles from Putin using gold, or pay for oil and gas with gold itself.
Currently, the FOREX rate for Rubli to Dollari is around 100:1
BUT… with 5,000 Rubli now equivalent to a gram of Gold, and oil being priced directly into Gold, we will see a MASSIVE price disturbance in the FOREX markets, in terms of how much Gold a Dollar can still buy.
Foreign countries holding our dollar debt notes as a reserve will see an immediate and much less use for them and want to start downloading them in favor of something more stable; something that holds its value.
Basically, any currency anchored in gold will fit into the account. which means countries like that – like Japan – will start unloading their dollar debt as soon as possible – are not going to go down with the ship! They'll move to more stable values like… The Ruble.
This will have a DE-flationistic effect on the Rublo, making it more precious with time.
This also means that Putin can re-find the ruble whenever he wants, at 500, or 50, or 10. He just keeps getting more precious to him.
The immediate result is that all those foreign countries dumping their dollar reserves will make all those excess dollars start going home, triggering a worse hyper-inflation than we already have in the USA.
We the people are so sick of these governments around the world creating monetary systems to control everybody with
16639] Tiffany~,
Here'z a story 4U2 cover,
respect'ng FAKE US-Prez~ Biden:
Groom'ng [Trans~] _
Weekly Briefing w/ Chanel Rion:
TRANS "CARE" FOR KIDS IS CHILD MUTILATION
2022 Apr 10
{q.v. https://youtu.be/AdU4tpxAyN8 }
The difference between a Rich person and a Poor person is how they use their time. Your Future is created by what you do Today not your Tomorrow
More Trump bullshit
Making CCP China Nazis poor again= Stop funding Russia and North Korea= World Peace.
famine and starvation is part of the communist handbook.
As Jim Rickards has repeatedly stated, these sanctions and their overuse have amounted to economic warfare. Russia has had enough and so has China. The western neocons have pushed 2 superpowers into a stronger alliance. In 2019 a RAND study concluded that the best way to get Russia to overextend was to keep supplying weapons to Ukraine to IMPEL AN INVASION. These things are planned and the losers will be the populace of the EU & USA. Finally Klaus Schwab is on record advocating a digital currency.
Sounds like the marxist elites are working towards famines to further grow their epidemic ideologies internationally…
As long as we keep buying made in China we are screwed.
God Bless the Sovereign Democratic Nations of Taiwan, Lithuania, Somaliland
https://youtu.be/77eIDWvh620
In this video they are presenting a SCANDALOUS reality about China and an effective way that the USA and its allies can use to defeat Russia and China ECONOMICALLY.
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When usd loses its place as reserve currency, there is no buying power to stabilise the lazy population living good lifestyles. US will collapse overnight. Drugs and fornication are the pillars of US society.
Alipay could have taken over global payment and Xiโs gangsters killed the golden goose.
Sell all your bitcoin/degital currency why you made a profit…………………..
Canada, and its leader Trudeau, sellouts to China.