BOOM! Russia Now Demands Europe to Pay for Their Gas in Rubles
(www.thegatewaypundit.com)
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So why is this good?
Puts Russia in control with their own currency which is not connected to the central (world) bank and it's backed by gold.
Yes, but it destroys the dollar.
The US government has destroyed the US Dollar by printing $30+ Trillion in debt.
This is true.
It certainly will. The petrodollars were propping us up as the reserve currency. And now that's gone. Quite the self-inflicted wound, that one. You have to wonder why they let this happen. How does this serve the interests of whomever is behind Biden, if at all?
I know why. They want it to happen. They want civil war so they can take our guns and they want us to become Venezuela.
You mean the federal reserve note.
There is honestly no reason for us to deal in international trade. Same with Russia. So if both our dollars 'destroy' each other's, it will just cut back on this pointless trade, that only encourages money laundering.
For a start, it signals the end of USD as the de-facto global currency.
And it insulates Russia from inflation due to Biden's money-printing.
Well played Mr Putin.
It means that Russia will insist on payment in Rubles, so the customers will have to buy Rubles,, Russia won't accept Dollars in exchange for Rubles, they will likely ask for Gold. It has the potential to screw up, then destroy currencies, especially the Euro and maybe the Dollar.
It's a game changer, Russia with potentiallly Saudi Arabia, India and China all on board, means the end of the federal reserve and it's system.
Putin used the same tactics that created then supported the Petro-Dollar's promises, made over many many years.
End of the Federal Reserve would be a win win in my book and I don't believe this is accidental.