by Matthew Piepenburg, Gold Switzerland:
The de-dollarization is a watershed moment.
Matthew Piepenburg shares his views in this extensive interview with Daniela Cambone of Stansberry Research, covering the FED, petrodollar and de-dollarization, banking risk and gold.
“The world’s reserve currency is not going to change.”
The U.S. dollar accounts for 60% of the global currency pool. As a result, what’s changing is the hegemony, the respect, the trust for the U.S. dollar as a payment system.
TRUTH LIVES on at https://sgtreport.tv/
BRICS countries began trading with each other using alternative currencies because the Fed’s interest-rate hikes made the US dollar too expensive. Foreign treasuries and foreign nations have been dumping U.S. treasuries throughout 2022… $14 trillion in foreign debt has to be paid in U.S. dollars. The fiat game is not sustainable. This debt game is not sustainable. You can’t keep solving the debt problem with more debt. FedNow and other central bank digital currencies only serve to expand the government’s control.
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