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India Abandons US Dollar In Trade Deal With Malaysia
trending politics ^ | April 1, 2023Updated:April 1, 2023 | By Paul AubertApril 1,

Posted on 04/01/2023 7:58:32 PM PDT by RaceBannon

Trade between India and Malaysia is now able to be settled with Indian Rupees, the India Ministry of External Affairs (MEA) announced in a statement Saturday.

This move strikes a blow to the hegemony US dollar. “This initiative by the Reserve Bank of India (RBI) is aimed at facilitating the growth of global trade and to support the interests of the global trading community in Indian Rupees (INR),” the statement from the MEA reads.

(Excerpt) Read more at trendingpoliticsnews.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: china; debt; debtclock; dedollarization; deficit; dollar; h1b; itistolaugh; mmt; moneyprinting; ntsa; petrodollar; russia; trade
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To: canuck_conservative

The Chummy clown weighs in...


41 posted on 04/01/2023 9:35:36 PM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: jimjohn

India is definitely our enemy—adversary if you want to be polite. They trade with Russia, funding Russia. They are burying us in cheap labor, who are overtaking our workplaces. They are stealing our intellectual property. And more. Nothing about India makes them a friend.

China, obviously.

Russia, which is unfortunate. I still think we should have engaged them after the end of the Cold War, helped them become a democracy in the world community. But we had too many people stuck on Russia is our enemy to allow us to work with them. Now we have Putin, almost back to Cold War. What a shame as they would have been good, natural ally to counter the Islamic Cult and China.

Iran, Saudi Arabia, and most Islamic Cult countries. They might sometimes talk nice but at the end of the day, we are Christian infidels.

North Korea, obviously.

Mexico, who, like India, is invading us by pushing their unwanted indigenous citizens to illegal go to the US. I recall from several years ago that at that time more than 25% of Mexican’s citizens where now in the US.

Well, those are the main ones that immediately come to mind. I count China, India, and Mexico as our most urgent to deal with.


42 posted on 04/01/2023 9:36:17 PM PDT by Reno89519 (I stand with Trump Against Political Persecution. As DeSantis Says, It Is Un-American.)
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To: RaceBannon

I read commentary somewhere how this steady drip drip of countries adjusting their payments systems, and entering into such trade agreements with this and that country that lessen their use of and dependence on the USD, will continue apace until some critical mass is reached and boom, enough countries will demand more compensation to buy our debt and our reserve status will evaporate rather quickly.
True? I tend to think yes, as every reserve currency back to the dark ages has faltered first and then fell flat.


43 posted on 04/01/2023 10:01:01 PM PDT by citizen (Put all LBQTwhatever programming on a new subscription service: PERV-TV)
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To: RaceBannon

I found this post interesting

https://freerepublic.com/focus/news/4042763/posts?page=10#10


44 posted on 04/01/2023 10:07:43 PM PDT by vmpolesov
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To: RaceBannon

The Philippines got in bed with China and stuck out their tongue to the USA. Now they make noises they want to go back.

China has a long history of making a nation dependent and then squeezing the life out of the nation financially.

All this “foreign aid” we give out? Wonder how this will play out eventually.

(out “leaders” (/S) in DC have taken our nation totally insane financial paths, aimed at our own destruction)


45 posted on 04/01/2023 10:08:45 PM PDT by Texas Fossil (Texas is not where you were born but a State of Heart, Mind and Attitude.)
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To: TTFX

No, it is not impossible.

The Saudi’s joined BRICS oil trading currency.

Yes, it is possible.


46 posted on 04/01/2023 10:10:52 PM PDT by Texas Fossil (Texas is not where you were born but a State of Heart, Mind and Attitude.)
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To: RaceBannon

Isn’t this simply a matter of International Trade. Unsurprising other nations would us their currency of choice btwen the nations doing the deals.


47 posted on 04/01/2023 10:42:58 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......)
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To: Right_Wing_Madman

the 10 most traded currencies in the world.....

US dollar (USD)
Euro (EUR)
Japanese yen (JPY)
Pound sterling (GBP)
Australian dollar (AUD)
Canadian dollar (CAD)
Swiss franc (CHF)
Chinese renminbi (CNH)
Hong Kong dollar (HKD)
New Zealand dollar (NZD)1


48 posted on 04/01/2023 10:45:48 PM PDT by caww (O death, when you seized my Lord, you lost your grip on me......)
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To: RaceBannon

We owe this to Biden and his idiotic band of goons. The woke left mob is destroying this country and most of the idiots who voted for them and are still supporting them are too stupid to realize that they will be the ones most hurt when those government checks start bouncing.


49 posted on 04/01/2023 10:47:38 PM PDT by TonyM (Score Event)
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At least there are no more mean tweets


50 posted on 04/01/2023 11:51:40 PM PDT by dsrtsage ( Complexity is just simple lacking imagination)
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To: RaceBannon

People are uneducated and unaware as to what will happen once the petro-dollar is abandoned. The U.S. dollar will basically be worthless. The BRICS along with other Asian and African countries that are vying to join them will be kicking our butts in just a few short years (or even months).


51 posted on 04/02/2023 12:09:09 AM PDT by CFW (old and retired)
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To: canuck_conservative

“sure seems to be a lot of Freepers here lately cheering for America’s downfall”

____

It’s called recognizing reality and what has been done to our nation in just the past 28 months (not to mention the deep state’s actions of the previous years). I don’t know if our country can be saved even if we had a new President in office tomorrow who is willing to reverse course. Dominoes are falling and once they start to fall it is difficult to stop what comes next.


52 posted on 04/02/2023 12:15:34 AM PDT by CFW (old and retired)
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To: RaceBannon

Time to abandon the HB-1 program.


53 posted on 04/02/2023 12:31:25 AM PDT by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Gonzales! Come and Take It!)
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To: RaceBannon

I am so disgusted with our “Elites”.


54 posted on 04/02/2023 1:55:56 AM PDT by Chgogal (Welcome to Fuhrer Biden's Weaponized Fascist Banana Republic! It's the road to hell.)
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To: Soul of the South

You just posted the complete opposite of the Biden/Obama/Rice Doctrine.

Trump was doing a good job implementing your points.

So it’s right on.


55 posted on 04/02/2023 3:28:34 AM PDT by Syncro (Facts and Truth)
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To: CFW

“Dominoes are falling and once they start to fall it is difficult to stop what comes next.”

And Satan knew that when he presented his plan to the Deep State


56 posted on 04/02/2023 3:31:31 AM PDT by Syncro (Facts and Truth)
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To: Soul of the South

So we will never get it back cause there is no way our woke guberment will go by those 7 guidelines.


57 posted on 04/02/2023 3:37:52 AM PDT by oldasrocks (quew)
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To: RaceBannon

Some people here deny that de-dollarization is occurring and attack you for mentioning what is happening.

“Change is Coming That Hasn’t Happened In 100 Years” - World Dumps US Dollar
by Mike Maloney
https://www.youtube.com/watch?v=M0HzYoqUTI8&ab_channel=GoldSilver%28w%2FMikeMaloney%29

Interview with Bo Polny that might relate to this.
https://usawatchdog.com/everything-about-to-blow-up-as-god-destroys-evil-bo-polny/


58 posted on 04/02/2023 3:55:08 AM PDT by Tom Tetroxide
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To: Jonty30

SS was sold as an insurance policy. So people were forced to buy an insurance policy against their will. A very poor one.

What is wrong with using insurance you were forced to buy?


59 posted on 04/02/2023 4:09:50 AM PDT by Sarcazmo ("Sarcasm is the highest form of wit" ~ O. Wilde)
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To: RaceBannon

APRIL FOOLS!


60 posted on 04/02/2023 4:12:33 AM PDT by Lazamataz (The firearms I own today, are the firearms I will die with. How I die will be up to them.)
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