from RT:
De-dollarization is not simply an aim pursued by Russia but has become a global reality, Maria Zakharova says
Ever more countries are turning to national currencies for trade rather than use the US dollar, which has become a “very problematic” means of payment, Russian Foreign Ministry spokeswoman Maria Zakharova stated in an interview with the Turkish news outlet Aydinlik published on Sunday.
TRUTH LIVES on at https://sgtreport.tv/
According to Zakharova, the US initially proposed the dollar as an international currency “to make everyone’s life better, easier, more comfortable.”
“They were very insistent on this, saying that it would bring the world economy to a new level and simplify our transactions and relationships… And at the time, those who made such a policy in the US and abroad… probably wanted to take that first step towards globalization honestly.”
Now, according to Zakharova, the dollar is used to pressure Washington’s political opponents.
“What we faced last year is something completely different,” she stated, referring to the numerous Western sanctions placed on Russia over the Ukraine conflict, including an effective ban on Russia using the dollar in international transactions.
“There is no simplifying or making our lives easier. The currency is being used as a tool of hegemony and a new kind of colonialism, used to punish, segregate, and make our lives a nightmare.”
According to Zakharova, the process of de-dollarization, which Russia and a growing number of other countries have been pursuing in cross-border trade, is not a goal in and of itself but a simple fact of reality.
“They say de-dollarization is a kind of ultimate goal of different organizations or some countries. But it is not. This is not our target. This is just a reality… The dollar is a very problematic currency these days. This is not my political view, it is an objective economic fact.”
Zakharova noted that most global economic problems originate in the US, including the 2008 global economic crisis. National currencies, on the other hand, are more stable, which is why an increasing number of countries are opting for them, she believes.
