Posted on 03/02/2024 1:26:56 PM PST by delta7
KEY TAKEAWAYS Biden’s unprecedented freezing of U.S. dollars owned by a foreign central bank has fundamentally jeopardized the currency’s hard-won reserve status.
Janet Yellen dropped a bombshell last year, casually admitting that not only is de-dollarization happening, but Americans should expect more.
At a minimum, it’d be multiple years of double-digit inflation like we’re used to seeing in third world countries. At worst, it’d be a full-blown Weimar Republic.
America’s political establishment has less respect for the U.S. dollar than our foreign adversaries.
That was made clear when Tucker Carlson recently interviewed the Russian strongman President Vladimir Putin, who clearly articulated how the uniparty in Washington is destroying America’s greatest strategic and economic asset—her currency.
Last year, led by the chairman and ranking member of the relevant House and Senate committees, a bipartisan and bicameral bill was introduced that would hand another $300 billion to the Ukraine, this time in the form of the confiscated U.S. dollars owned by the Russian central bank and the Russian people.
There are now renewed calls for this measure as both the budget battle at home and the war in the Ukraine drag on.
Not during the Vietnam or Korean wars or at any point during the height of the Cold War did America do this to the Soviet Union. U.S. statesmen understood then, as our adversaries do now, that the dollar’s reserve currency status is among our most important global assets, both economically and strategically.
>>> The Decline and Fall of the U.S. Dollar
This steadfast principled commitment facilitated our post-war expansion of influence over global affairs and commerce, directed investment to the U.S., and kept inflation at bay by parking dollars as reserves the world over.
Eager to demolish this foundation of our global presence and dam that holds back inflation, the Washington uniparty is rallying behind the next step to gut the U.S. dollar.
We warned on this site before how Biden’s unprecedented freezing of U.S. dollars owned by a foreign central bank has fundamentally jeopardized the currency’s hard-won reserve status. In fact, it’s a main factor now driving dozens of countries away from what they see as a dangerous and unpredictable United States—countries now including France and Saudi Arabia.
Of course, China is eager to exploit these fears and welcome countries into its rapidly growing BRICS anti-dollar bloc.
After the Biden administration spent months scoffing at the mere hint of de-dollarization, Janet Yellen dropped a bombshell last year, casually admitting that not only is de-dollarization happening, but Americans should expect more—in her words, it’s “only natural” for countries to flee the dollar since the world is big.
In fact, countries are not fleeing the dollar because the world is big, they are fleeing because Biden made them question the U.S. dollar by using it as a political football where countries must grovel and obey Washington or risk having their national patrimony frozen.
Nations who disagree with Biden on abortion, homosexuality, fossil fuel use, etc. also run the risk of seeing their dollar reserves taken away. As if on cue, the Biden administration has threatened sanctions against countries with anti-sodomy laws such as Uganda.
This asset seizure bill would dramatically up the ante. If the U.S. is willing to not just freeze, but actually hand over a nation’s entire dollar reserves to another country, it confirms the worst fears of any country questioning whether they can count on the dollar or the U.S. at all.
>>> “Woke” Sanctions and Countries Abandoning the Dollar Will Ruin the World, Not Just U.S.
As more nations lose confidence in the dollar, they will sell their dollars. If enough countries do this, those trillions will come flooding home to America—essentially 70 years of deficits pouring in almost all at once.
This tsunami could set off an inflation the likes of which we haven’t seen in a century. Imagine the last three years of price increases put on steroids, amphetamines and covered in nicotine patches.
At a minimum, it’d be multiple years of double-digit inflation like we’re used to seeing in third world countries. At worst, it’d be a full-blown Weimar Republic replacing wallets with wheelbarrows for carrying around currency.
Such an economic catastrophe would, of course, take America off the world stage, not by choice but by necessity. The uniparty would have made their virtue-signaling gift to the Ukraine at the expense of America’s very standing as a world power.
The naïve calls for currency manipulation are a defiling of the dollar’s sanctity and an assault on people’s property rights. If the uniparty in Congress and the Biden administration push the issue much further, it will mean a long walk off a short pier into an ocean of misery for the American people.
Yes ma’am.
I’m surprised how far it’s gone so far.
As the hand / phone 📱 payment / self-checkout systems / Digital Currency Systems keep growing I expect that number to go way up
My prayers are that it goes all over the Earth 🌏🌎🌍
(I’m surprised how far it’s gone so far.)
Oops 😬
That’s from the Department of Redundancy Department.
(Almost 90,000. That’s great.)
If 90,000 people read the Scriptures, see the Signs of the Times and get Saved (John 3:17-18) then the goal is accomplished, to a significant degree.
Then hopefully they’ll tell 10-100 others.
I’d like for it to be 90 million.
Or 500 million. 😬😬😬
No, I don’t make any money from it.
But, John 4:35-36.
BUT I’m expecting Eternal Rewards and Eternal Souls for Jesus Christ.
So, I’m expecting a harvest of souls.
AND these rewards shall NEVER be taken from me, in Eternity ,for doing my Lord’s work in publishing His Word to bring more souls into His Eternal Kingdom.
John 4:35-36 says even now, I am receiving wages.
John 4:35-36
King James Version
35 Say not ye, There are yet four months, and then cometh harvest? behold, I say unto you, Lift up your eyes, and look on the fields; for they are white already to harvest.
36 And he that reapeth receiveth wages, and gathereth fruit unto life eternal: that both he that soweth and he that reapeth may rejoice together.
Matthew 13:1-8
New King James Version
The Parable of the Sower
1 On the same day Jesus went out of the house and sat by the sea.
2 And great multitudes were gathered together to Him, so that He got into a boat and sat; and the whole multitude stood on the shore.
3 Then He spoke many things to them in parables, saying: “Behold, a sower went out to sow.
4 And as he sowed, some seed fell by the wayside; and the birds came and devoured them.
5 Some fell on stony places, where they did not have much earth; and they immediately sprang up because they had no depth of earth.
6 But when the sun was up they were scorched, and because they had no root they withered away.
7 And some fell among thorns, and the thorns sprang up and choked them.
8 But others fell on good ground and yielded a crop: some a hundredfold, some sixty, some thirty.
https://www.biblegateway.com/passage/?search=Matthew+13%3A1-8&version=NKJV
Amos 9:13
Common English Bible
13 The days are surely coming, says the Lord,
when the one who plows
will overtake the one who gathers,
when the one who crushes grapes
will overtake the one who sows the seed.
The mountains will drip wine,
and all the hills will flow with it.
https://www.biblegateway.com/passage/?search=Amos+9%3A13&version=CEB
🛐🙏✝️
👍
Actually, stock up on everything.
If hyperinflation hits, stuff will become unaffordable and/or unavailable.
I suppose some are prepped for many years, like really long haul, but even enough for a couple years is possible especially if one is frugal.
Evil. Yes.
Stupid? Not for a minute.
Deceived? Maybe some are, but I lean m ore towards just evil, knowing what they are doing and just not only not caring but glad of what they are accomplishing.
Memorization is great because you can recite it when you have nothing in hand or are in a position where you can’t read, like being stuck in a traffic jam.
Or perhaps locked in jail unjustly and denied everything.
Yes, I tend to agree with that.
Bump that.
Over 90k. Nice job.
90,020 views
I have some pesos in my wallet.
Thank you guys
God bless
(Actually, stock up on everything.
If hyperinflation hits, stuff will become unaffordable and/or unavailable.
I suppose some are prepped for many years, like really long haul, but even enough for a couple years is possible especially if one is frugal.)
🔝🔝🔝🔝🔝🔝🔝
✝️✝️✝️🙏🙏🙏🛐🛐🛐
Thank you for viewing.
Hopefully you can share it with others.
🙏🙏🙏🙏🙏🙏🙏
God bless
90,036 at 1:29 AM
Almost 90K 9:14:33 PM over 90K 12:35:45 AM 90,020 12:54:22 AM 90,036 1:29:25 AM
Well, it's afternoon for Mark.
Man, this fear porn stuff is annoying.
“replacing wallets with wheelbarrows for carrying around currency.”
I have to disagree
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