An Alternative to “petro-dollar” launched
As it already has been announced, on March 26th China started issuing an oil-futures contracts denominated in Chinese yuan rather than U.S. dollars. What does that really means?
The first effects of China oil futures should be:
- Bolstering Chinese Economy
- Break the global dominance of the US dollar
- Drive up U.S. inflation
Mamdouh G. Salameh, international oil market expert economist, explains what will be the significance for global markets, how will this challenge the petro-dollar and how soon will the prices of China's oil futures stabilize… It may take some time, but it has started, and the “Empire” is aware of the danger — POTUS responded with trade war in an attempt to negotiate. China retaliated almost immediately.
Duration: 1:55
Remember: Whenever corporate media attempts to draw your attention with an “exclusive Stormy Daniels story”, or “Russian Hackers story”, they are trying to divert you from the real stories — The demise of dollar. The great robbery in favour of 1%. The preparations for war…
Thanks for the heads up @lighteye!
making each fiat dollar worth less and less
Totally agree with you that MSM under control of Operation Northwoods is a master at misdirecting attention from the real story of the day...
That's QE. Inflation is statistically hidden, but is obvious to everyone who is paying the rent, education, medical necessities… or to the ones who know where to look:
Oh, BTW, that was BEFORE Chinese announcement of oil-futures in yuan, @wizardave.
Thanks for your feedback.
Ah, Ah, Ah nothing itself news.... to compete takri... and what will come of it