De-Dollarization: World Tired Of Funding US Military Adventurism

RT – December 15, 2017:  One of the world’s top energy importers, China, is set to roll out a yuan-denominated oil contract as early as this year. Analysts call the plan, announced by Beijing in September, a huge move against the dollar’s global dominance.

(BATTLEFORWORLD: And because China is pursuing this path the United States is using North Korea to put pressure on China. When the US says that China can do more about North Korea, it is a coded message to China to stop in its tracks regarding de-dollarization. And the same applies to Russia with constant sanctions from the West. It is putting pressure on Russia regarding the steps it is taking to de-dollarize its economy. And all the countries that have attempted de-dollarization the United States brought war to them, and now, take notice of what is going on with China and Russia where the US is stirring up war fervor nonstop. But Russia cannot be bullied, because secretly it gave the United States a reply in carbon. The US Military Industrial Complex main fuel is the dollar ponzi scheme.)

(In the “enhanced” Silent Revolution Of Truth Compilation Edition, the free PDF book, refer to page 1162 and read about the long ago prediction regarding The Fall of America; also for the might ways of America, refer to pages 1072, 1084, 1085, 1086, 1087, 1130, 1132, 1133, 1137, 1139, 1140, 1143, 1144, 1145 and check the “table of contents”. Version 5 (UPDATED), PDF Format – Link: > Download from MediaFire)

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China Cuts U.S. Treasury Holdings as Trade War Intensifies

BLOOMBERG – September 19, 2018: The article highlights that China’s holdings of U.S. Treasuries fell to a six-month low in July, just as a trade war between the world’s two largest economies began heating up.

China’s ownership of U.S. bonds, bills and notes slipped to $1.17 trillion, the lowest level since January and down from $1.18 trillion in June, according to data released by the Treasury Department on Tuesday (September 18).

Japan remains the largest foreign investor in Treasuries after China, increased its holdings in U.S. Treasury bonds, as did Saudi Arabia, Taiwan, Singapore and France.

(BattleForWorld: New U.S. Treasury bonds were sold to Japan, Saudi Arabia, Taiwan, Singapore and France so that the U.S. can create more debt to extract funds to finance its budgets and military adventures.)

The first salvos in the U.S.-China trade conflict were fired on July 6, when the Trump administration activated tariffs on $34 billion of Chinese goods, which sparked immediate in-kind retaliation from Beijing. The escalation caused the yuan to drop roughly 2 percent in July, suggesting that the Asian nation shed U.S. bonds as a way to sell dollars and support its currency, according to NatWest Markets.

“It doesn’t surprise me, given the weakening of the yuan over the course of the month of July (BattleForWorld: Due to the tariff war between China and the U.S.),” said John Briggs, head of strategy for the Americas. “They could be diversifying their holdings, of course, but that could be the reason.”

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US dollar dominance jeopardized by Russia-China alliance – Max Keiser

RT – September 13, 2018: The article highlights that the cementing of relations between Moscow and Beijing means a new multipolar world with more bilateral trade and different centers of currency concentration and power, according to RT host Max Keiser.

He says that the new Russia-China alliance could not be taken on by the US militarily which means that “the US dollar is in grave jeopardy of losing its status as the world’s reserve currency.”

Washington is “very aggressive in defending its currency, it tends to bomb anybody who tries to ignore the dollar,” Keiser said, adding that if Russia and China pull off the alliance then the greenback will start crumbling.

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US dollar is Washington’s pressure lever to punish countries – Lavrov

RT – September 13, 2018: The article highlights that the United States is manipulating its currency, the dollar, and uses it as a tool to exert pressure when it wants to punish someone, Russian Foreign Minister Sergey Lavrov said.

In an interview with Russian Channel One, he said that “Washington immediately stops servicing any banking operations in dollars in relation to both the country that they want to punish and any countries that continue relations with it.”

He added that “for decades, everyone hoped that the United States would scrupulously fulfill its duties as the issuer of the world’s main reserve currency.”

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US dollar just few short years away from losing global dominance, investor Jim Rogers tells RT

RT – September 13, 2018: The article highlights that the United States is the largest debtor nation in the world and “it’s getting worse and worse,” according to investment guru Jim Rogers, who talked to RT on the sidelines of the Eastern Economic Forum (EEF) in Vladivostok.

Rogers admits that he still owns a lot of US dollars but not because it’s a sound currency.

“So, you would say why do you own it [US currency – Ed.] then? I own it because more turmoil is coming, people look for a safe haven in turmoil so they will go to the dollar. It’s not safe but they think it is.”

The investor explained that the US currency is going to get higher but many countries like China, Iran, Russia and others are now trying to get rid of it.

In the next few years the American dollar is going to lose its position as the world’s reserve currency and the world’s medium of exchange,” Rogers said, adding that the world has always moved away from dominant currencies in the past as situations changed. (BattleForWorld: This will become obvious after the year 2020, the decline of US power and the US dollar.)

He said that the British pound once used to be the dominant currency in the world, and before that there were other dominant currencies like the Spanish peseta, the French franc, and the Dutch guilder.

“They all had that position at one time or another but then went to excess and are not that sound anymore, they lost their position… People don’t like Washington’s power, so they are moving away and finding ways to get away from the dollar. It has happened throughout history, it happened to the pound sterling, you know the rest of that story,” Rogers said, adding there’s no need to worry because “it’s not a disaster.”

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Russia’s largest energy companies preparing to substitute petrodollar in settlements

RT / BATTLE FOR WORLD – September 22, 2018: The article highlights that oil firm Surgutneftegas has joined a list of Russian energy companies that are ready to get rid of the US dollar in favor of the euro and other currencies in international settlements, according to Reuters.

Surgutneftegas sent a message to one of its customers, saying that the oil company wants to “avoid any possible problems with payment in USD,” said the news agency. “We do not comment on our commercial activity,” replied the company, Russia’s fourth largest by output.

The reported move comes in line with recent comments from the Kremlin. And last month, Finance Minister Anton Siluanov said Russia could reject the greenback in oil trade.

And that: “It is not ruled out. We have significantly reduced our investments in US assets. In fact, the dollar, which was considered the global currency, becomes a risky instrument for settlements,” he told Russian TV.

The Russian Energy Minister Aleksandr Novak has also said that the government is considering the possibility of oil settlements in national currencies, especially with Turkey and Iran. (BattleForWorld: And the movement of de-dollarization continues, reducing reliance of the US dollar, because the US dollar has been weaponized.)

And the question is asked: Who else is ready to cut dollar dependence in Russian oil sector?

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Wish to Reduce Reliance on Dollar is Response to US Unpredictability – Kremlin

SPUTNIK NEWS – September 14, 2018: The article highlights that Kremlin spokesman Dmitry Peskov said Friday (September 14) that the credibility of the dollar is decreasing, thus making other countries wish to replace it with other currencies.

At the same time, Russian authorities currently have no specific plans on abandoning the use of the US dollar in international transactions but this issue is on Moscow’s agenda.

Rather consistent and strong interest of certain countries in Europe, in the East, in the Middle East and so on to gradually minimize the use of the dollar in mutual trade can be seen. This process indeed exists. The Russian side has no specific plans yet on this issue but it is on our agenda,” Peskov told reporters.

“It is a natural process and a reaction of the countries, including Russia, to rather unpredictable actions of the United States, which are rather questionable in terms of norms and rules of international trade. Of course, this all leads to falling credibility of the dollar and emerging desire to substitute dollar with other currencies,” Peskov pointed out.

“No, the administration is not planning such actions, there are no such plans at all, as far as I know,” Peskov told reporters when asked if there were any plans for the forced conversion of Russian clients’ deposits in dollars into ones in rubles.

(BattleForWorld: Some would like the US dollar dump to happen quickly, but the timing has to be right, because the world was forced into the US dollar hegemony, believing that the US would have never weaponized its currency and so new mechanisms have to be in place place first. That is what is currently going on. Some believe that the US has become tired of its own dollar hegemony and is letting go using drama. And some believe the drama-style is being done to hide certain things from the public.) 

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China May Halt Purchases of U.S. Treasuries

BLOOMBERG – January 10, 2018: China added to bond investors’ jitters on Wednesday as traders braced for what they feared could be the end of a three-decade bull market.

Officials in Beijing reviewing the nation’s foreign-exchange holdings have recommended slowing or halting purchases of U.S. Treasuries, according to people familiar with the matter. Benchmark bonds reversed earlier gains on the news, with the yield on 10-year Treasuries climbing for a fifth day.

China holds the world’s largest foreign-exchange reserves, at $3.1 trillion, and regularly assesses its strategy for investing them. It isn’t clear whether the recommendations of the officials have been adopted. The market for U.S. government bonds is becoming less attractive relative to other assets, and trade tensions with the U.S. may provide a reason to slow or stop buying American debt, the thinking of these officials goes, according to the people, who asked not to be named as they aren’t allowed to discuss the matter publicly. China’s State Administration of Foreign Exchange didn’t immediately reply to a fax seeking comment on the matter. Link: Read Complete Article

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Confrontation in Russia-U.S. relations is tightening as Washington uses the dollar as a tool to exert pressure

TASS – September 5, 2018: The article highlights that confrontation and strains in relations between Russia and the United States are growing, Russian Foreign Minister Sergey Lavrov said on Tuesday.

“As for the political heat and rhetoric that go beyond what used to be considered as diplomatic courtesy not long ago, confrontation and strains are augmenting,” he said in an interview with the Bolshaya Igra (Big Game) on Russian Channel One TV.

“The United States initiated NATO’s movement towards our borders not merely through admittance of new members from among Russia’s neighbors but also in the format of deployment of military infrastructure along our borders,” he said.

And that Washington is using the dollar as a tool to exert pressure in violation of its liabilities, Lavrov added.

“The most vivid example [of the rules U.S. is inviting to be guided] is the dollar, the international currency system. Is it a rule? I think it is. Everyone has accepted it, has been living with this rule for years hoping the U.S. would respect its liabilities of the issuer of this key global reserve currency,” he said.

“What is now happening to the dollar? Washington is manipulating the dollar at its discretion,” he added.

According to Russia’s top diplomat, the United States is using the dollar as an instrument when “it wants to punish anyone.” “They immediately stop servicing any dollar-denominated banking operations. Notably, they do that not only in respect of a country they want to punish but also in respect of all others who has these or those relations with it,” he noted.

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The legacy of John McCain; Using the Petrodollar as a weapon; Countries detaching from the U.S. dollar

RT – September 2, 2018: Max and Stacy talk about the legacy of John McCain supporting the neocons, the weaponization of the U.S. dollar and the world detaching from the U.S. dollar hegemony tricks.

Stacy:…John McCain returned [to the United States] in March of 1973 right about the time that, basically we had the Petrodollar, the beginning of the Petrodollar. So after forty years we [the United States] have had a lot of hubris, warhawks and necons demand that we use that as a weapon. So the dollar as been weaponized and it is the likes of John McCain and all the neocons around him. And that will lead to this headline here from CNBC:

The anti-dollar awakening could be ruder and sooner than most economists predicts. The United States is currently waging economic warfare against 1/10th of the world’s countries with cumulative population of nearly two billion people, a combined gross domestic product of more than fifteen trillion dollars. These include Russia, Iran, Venezuela, Cuba, Sudan, Zimbabwe, Myanmar, the Democratic Republic of Congo, North Korea and others which Washington [DC] has imposed sanctions over the years. But also countries like China, Pakistan and Turkey, which are not under full sanctions, but rather targets of other punitive economic method measures.

Max: Right. The dollar is an instrument of war. It has been weaponized. And the empire, that is the U.S., is expanded and control through the yo”U” world of dependence on dollars to survive and that’s the post World War II order.  That’s the legacy of the Bretton Woods agreement and this is what countries are now fighting to now get out of this constraint, this choke hold of the dollar.

Stacy: But it’s that classic setup, of first they came for the Communist and I did not say anything because… so here they; first they came for Cuba and I did not say anything, because I wasn’t Communist, our country wasn’t Communist. Then they came for Venezuela, then they came for Iran. Then they start to use that weapon (i.e. the Petrodollar hegemony), that power, the hubris, the empire gets less and less happy that you might betray them in anyway. So this is where we are at, the point now where the U.S. has decided again to impose sanctions on Iran, and Europe you better abide or we (the U.S.) are going to sanction you.

Max:The “rest of the world” is breaking away from the U.S. dollar. It’s been frozen under the yoke of U.S. dollar hegemony and now it’s breaking up. We are going into and I have coined this phrase neo-mercantilism. I was the first to call this. Just like I was the first to mention Bitcoin in 2011. I am the first to mention neo-mercantilism in 2017-2018. We are going back to nineteen century global economies. … (Note: Youtube is censoring videos and channels. The title of the video is “Keiser Report: Legacy of John McCain (E1274)”.)

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Trump’s Trade War Causing Allies to Ditch the US Dollar

RT AMERICA – September 5, 2018: This week, a number of US allies are opting to distance themselves from the u-s dollar when conducting global trade. This, in response to the various trade wars and sanctions implemented by the trump administration. RT America’s Manila Chan reports. (Note: Youtube is censoring videos and channels. The title of the video is “Trump’s Trade War Causing Allies to Ditch the US Dollar”.)

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The Plot To End US Dollar Dominance

RT – Keiser Report: ‘Mnuchin Massacre’ (E1184) – February 3, 2018: The ‘Mnuchin massacre’ and one-way bets on the dollar are among the topics for Max and Stacy in this episode. In the second half, Max interviews Nomi Prins, author of the soon-to-be-released book, ‘COLLUSION: How Central Bankers Rigged the World’. They also discuss the current market situation and how a new Fed chairman may approach a crash.

(BATTLEFORWORLD: In the “enhanced” Silent Revolution Of Truth Compilation Edition, the free PDF book, and read about the pending the economic crisis, page 1413. And even Zbigniew Brzezinski spoke about the approaching massive depression [i.e. economic collapse], page 1264. UPDATED, PDF Format – Links: Book Summary | and Download Book)

Partial transcript by BattleForWorld from Keiser Report (Episode 1184):

Max: This is the policy around the world – beggar thy neighbor, by trying to drive your currency lower to help your exports and to grab global market share. And China has been a king of this for a long time, so this is Trump taking on China directly saying, oh yeah, you think they Yuan is cheap, we (the United States) are going to make the US dollar even cheaper, so it makes the Yuan even higher, in value vs dollar, which makes it more difficult for them to export their way into global domination.

So now, currency war is venturing into a new phase. And Donald Trump obviously has a lot more understanding on how to fight this currency war more than anyone coming before him. Barack Obama was really a novice coming into office knew nothing about finance. He was finance illiterate as he proved over and over again. At least Trump knows the rules of the game, but whether he’s successful or not we will see.

…And…first the question is, is the lower dollar the result of policy initiative or, is the lower dollar an inevitability of policy failure? And now the policymakers are now saying it’s our policy for a lower dollar.

I do not think it makes any difference whether Steven Mnuchin or whomever else describes the dollar as their policy going lower. The dollar was going to go lower anyway, because the world is getting away from the US dollar as world reserve currency. The one road one belt policy linking up Russia and China is out of the dollar. And everyone want to trade oil away from the dollar and countries are desperate to get out of the US dollar, and so the dollar is going to lose value no matter what anybody says.

Here’s the US Treasure Secretary (Steven Mnuchin) merely trying to make it look that’s our policy for a lower dollar; it doesn’t even matter what he says, the dollar is going lower as we have been saying for a number of years, because US DOLLAR IS A CURRENCY THAT OTHER COUNTRIES RECOGNIZE AS FUNDING THE WARS, THE WEAPONS AND THE POVERTY THAT THEY ARE TRYING TO ESCAPE.

Stacy: Steven Mnuchin standing in front of the world’s reporters and saying that the dollar, his policy as treasure secretary, the guy who signs the dollar bills, the new dollar bills, says he wants it to go lower according to this headline here (at cnbc.com), they said that: “They basically open this up as a one-way bet for traders, and traders will keep pushing it and keep pushing it,” said one strategist. AND THERE IS A POSSIBILITY THAT IT COULD BECOME A SPIRAL THAT GETS OUT OF CONTROL. But luckily we did hear on Keiser Report telling you a few weeks ago to load back up on gold, because of course we are going to get into that in the next headline why gold has obviously done very well against the dollar, as the dollar as been tanking in the opening weeks of 2018…  (BATTLEFORWORLD: Russian economist Dr. Koryagina forecasts the panicking of the stock market [stocks and bonds] until it finally tanks into the big worldwide crash. In the Keiser Report dialogue transcript main points are emphasized, and the conclusion is that they are going to panic the dollar until it crashes totally.)

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RT – June 23, 2018: President Donald Trump is cutting US military spending to be less exposed to the skyrocketing interest rates that would become unavoidable when China opts to dump US Treasury bonds, Max Keiser has told RT.

“To understand US trade policies – and in particular Trump’s policies on China – from Trump’s point of view you have to think like Trump,” the host of RT’s Keiser Report explained. “When Trump took office, he inherited the biggest debt load that any country had ever accumulated. He also inherited a military budget that eats up 50 percent of America’s annual tax revenues of $1.5 trillion.”

And according to Keiser, after taking the helm as president, Donald Trump realized it was vital to reduce defense spending to pare the huge US debt.

“He looked at the geo-political chess board and saw that – the low hanging fruit, in terms of saving money – is America’s huge military spending in South Korea,” said Keiser, stressing that after the historic summit with North Korean leader Kim Jing-un the US would start pulling military presence out of the region.

The US president is currently arranging deals with Saudi Arabia and Israel, in preparation for the US pulling out of the Middle East as well, Keiser added, highlighting that Trump had previously signaled to Germany that the US would to cut its military presence in NATO there too.

“That brings us to China, and the ‘nuclear option’ they have of dumping US treasuries to financially attack America. This is their one big play. Trump knows it, and he’s been protecting the US against it,” the financial commentator said.

Downsizing the Pentagon, according to Keiser, will shrink US debt, diminishing the possibility of a Chinese financial attack via the dumping of US bonds.

(BattleForWorld: According to Max Keiser, President Trump is pulling out America’s military from South Korea, Saudi Arabia, Israel, etc. and this is good news if the Ruling Elites will allow this to get done. As this is not inline with the Ruling Elites’ world domination plan because the U.S. military is the world’s police to enforce dictatorial rule. Trump is taking positive advice from someone to downsize the U.S. military. PS: I hope readers are able to get more information from in-between the lines. Delicious. Enjoy.)

Related articles:
1. Trade Wars: United States & China
2. De-Dollarization: World Tired Of Funding US Military Adventurism
3. North Korea And The United States Peace Drama – The Unpeace Of It All
4. The Reason Behind The United States Mischief With North Korea – America-China Financial Wars
5. The Fall Of America Will Happen

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