Posted on 04/23/2022 4:35:32 PM PDT by Jan_Sobieski
Israel, whose foreign currency reserves have traditionally been made up of Dollars, Euros and British Pounds, will add four new currencies – including the Chinese Yuan (RMB).
Israel has added four new currencies – including the Chinese Yuan (RMB) – to its central bank holdings for the first time in the country’s history, Bloomberg reports. Israel’s Central Bank will also trim US Dollar (USD) and Euro holdings in a bid to diversify their foreign reserves.
Israel’s foreign currency reserves, which last year exceeded $200 billion for the first time, have traditionally been made up of USD, Euro and British Pound (GBP) holdings. Israel will now include Canadian dollars and Australian dollars in their foreign currency reserves, as well as the Japanese Yen and the Chinese Renminbi.
Deputy Governor Andrew Abir called the reshuffle a change in Israel’s “whole investment guidelines and philosophy,” adding that the rise in Israel’s foreign exchange reserves forced the Central Bank to consider "the need to earn a return on the reserves that will cover the costs of liability...”
(Excerpt) Read more at m.jpost.com ...
.................other than hold the muzzies in check can anyone name anything Israel has done for America?
I can’t help it but I’m still remembering fairly regularly 8 June 1967 when they killed 34 of our sailors and wounded 171.
I had enlisted in the Navy 4 months to the day earlier.
https://en.wikipedia.org/wiki/USS_Liberty_incident
Financial WW3 started….reduced demand for USD had in a matter of a few months ( Potato Head weaponizing the dollar) is cascading…prepare for $7-10 trillion of USD coming home, petro dollar destroyed, reserve currency status destroyed. It doesn’t happen overnight, but most certainly is in progress.
The US dollar started getting shaky not long after BiteMe was sworn in.
Yes, have your reserves in a Digital Gulag that can be turned off at the flick of a switch if you anger the Western Technocrat globalists.
Jews are the chosen people yet Jews are scattered throughout the world so who’s to say which Jews are still considered the Chosen? Is it the Jews in hollywood? the Jews in Israel or misc Jews scattered throughout the world? Is Dr Zelenko one of them? Does upper State vs lower state NY make a difference? I met a very meek Jewish guy that was going to college in St Louis. He had a wife and a baby. Very nice people. Was he one?
I realize the importance of Israel/Jerusalem in the end days but that’s God’s will and already done so do we really need to spend so much effort and money trying to protect the Jews there since we don’t even know if they’re still considered part of the chosen people? Is every Jew a member of the chosen people. Weinstein? Epstein? I think not.
It seems to me that US pols(repubs) use Christianity for all sorts of purposes that may not be reality based and are more monetary based. Pols on either sides have their pet projects and pet countries that don’t do us much good but probably line their pockets.
flame away
Can’t think of anything, except not do anything when Iraq shot Scud missiles at them.
It appears the USS Liberty was intercepting Israeli Comms and sending them to Egyptian forces. In time of war they made themselves a target.
But in reality rather than fear porn, the dollar will strengthen after the next rate increase and treasury bond yields will also rise. This will result in more investors buying those bonds.
Cash outflow from Asia will follow.
No matter your agenda, large investors want to earn money from their assets.
But by all means, keep posting your fear porn - and invest that way.
Israel knows that a strongly Democrat-run US will come after them soon enough and steal their assets too. So can’t blame them for no longer trusting us.
“It appears the USS Liberty was intercepting Israeli Comms and sending them to Egyptian forces. In time of war they made themselves a target.”
Yep, not a smart thing for them to do.
A true Jew is one who follows YESHUA. Israel is wayward, but the LORD still loves them. The LORD will judge them in due time, but ONLY HE has the right to judge.
Well, I have no idea who your source is but assuming arguendo you are spot on correct this is an example of how Jews can’t be trusted on this level internationally.
Without U.S. Aid there would be no Israel yet they decided, in their bottomless treachery, that they had sufficient intel to attack and kill our defenseless guys then lie about it then pay each family a paltry sum so the U.S. would continue supporting them.
Notwithstanding any of the foregoing I’m not saying we should abandon Israel. As long as they keep killing radical muzzies on a wholesale basis, we need them.
They are a little late. The USD is going up now and will go up further due to the Fed hikes.
EWW3, the economic World War Three that The West is waging, is incredibly damaging to The West.
The long hard fall of civilization is being intentionally accelerated from within.
The long hard fall of civilization is being intentionally accelerated from within.
Indeed, it is :-(
Thx for the ping.
“The Chinese Yuan will account for 2% of their holdings”...
“USD holdings will go from 66.5% in 2021 to 61%”
I fully understand why Jews vote for democrats.
Best thing about a loan for a direct war between the US and Russia is—you never have to pay it back!/macabre humor
I’ve seen through years, the only ones still repeatedly obsessive mention that old USS liberty are a either neo Nazis or Islamists. Not that I blame that poster of being as such.. but in general it is like that..
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