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The left has been brainwashed to believe that climate change and hate are biggest problems. That's a distraction.

The left has been brainwashed to believe that climate change and hate are biggest problems.  That's a distraction. | UNDER THE OBAMA ADMINISTRATION RUSSIA AND CHINA FORMED A CURRENCY ALLIANCE.  THEY DUMPED THE US DOLLAR. SAUDI ARABIA - ALLEGEDLY OUR ALLY - HAS JUST DUMPED US DOLLAR AND REPLACED IT WITH THE CHINESE YUAN; "AN ORDERLY DECLINE OF THE US DOLLAR IS DESIRABLE.  A DECLINE IN THE VALUE OF THE DOLLAR IS NECESSARY... SO THERE WOULD BE A SLOW DECLINE IN THE VALUE OF THE DOLLAR, A MANAGED DECLINE" - GEORGE SOROS; "IF YOU RESTRUCTURE AN ECONOMY, THE RESULT IS A REDUCTION OF INCOME — OF DISPOSABLE INCOME — WHICH CAN LEAD TO EXTENSIVE SOCIAL TENSIONS, WHICH WE SEE IN OUR WORLD." - KLAUS SCHWAB; WHAT YOU NEED TO UNDERSTAND IS THAT IF THE YUAN BECOMES THE DEFAULT PETRO-CURRENCY, THEN BIDEN'S CURRENT PLAN TO DEVALUE THE DOLLAR WILL LOOK LIKE CHILD'S PLAY. WHAT WILL HAPPEN IS THE UNITED STATES OF AMERICA WILL BECOME A THIRD WORLD COUNTRY OVERNIGHT.  THIS IS NOT HYPERBOLE, THIS IS A FACT. THIS IS WHY BIDEN WAS INSTALLED AS PRESIDENT.  THIS IS WHY THE LEFT WAS BRAINWASHED TO HATE TRUMP SO VICIOUSLY.  THIS IS WHY NO ONE SHOULD EVER VOTE FOR ANOTHER DEMOCRAT FOR ANYTHING EVER AGAIN. | image tagged in economic implosion,the great depression will look like good times | made w/ Imgflip meme maker
10 Comments
1 up, 2y,
2 replies
News from my side
Saudi arabia is forming treaties, pacts and trade deals throughout the middle east.
Iran and Syria are signing on right now and Saudi Arabia is apparently working as a mediator with Iraq, Kurdistan, Libya and several other nations. America isn't included in any of them.

Battle lines are being drawn, boys
1 up, 2y
I heard Iraq is involved but I didn't know about the other countries. This is about the end of the United States and the end of freedom.
0 ups, 2y
Iran and Syria have had a mutual defense pact going back decades. It's why Iranian troops are in Syria now.

Kurdistan is not a nation, and Iraq is far more connected to Iran than it ever can be with Saudi Arabia.
0 ups, 2y,
2 replies
Lady Dimitrescu  by Sazura  AKA Aleksandra Karpova | How many Rubles does it take to get someone to pump out these delightfully uninformed fantasies? | image tagged in lady dimitrescu by sazura aka aleksandra karpova | made w/ Imgflip meme maker
Your meme is brimming with outright lies

In 2017 China became a net seller of US Treasuries and later started talks with Russia about using a currency other than the US Dollar. EU countries had also become net sellers of it as well, collectively actually having had been bigger buyers of the $ than China. These were over concerns about possible instability under Trump.
Obama wasn't President then.

In 2014, in response to sanctions because of it's invasion of Ukraine, Russia started selling off $$, as well as Euros (remember when THAT was supposed to be the replace the USD?).

Anyways, sure, Russia seeks other options for obvious reasons, but the Ruble is a joke, so therefore not an option, and the Yuan has problems as China restricts trade in that in order to keep it weak abroad to maximize gov't usage domestically. That keeps Russia in permanently 2nd tier in this shindig, and subject to the whims of China. This partnership has already meant for Russians having to pay more for Chinese goods.

https://www.atlanticcouncil.org/blogs/new-atlanticist/russia-and-china-have-been-teaming-up-to-reduce-reliance-on-the-dollar-heres-how-its-going/#:~:text=In%202014%2C%20Russia%20made%20a,new%20yuan%20currency%20swap%20instrument.

Saudi Arabia says it's open to trading in currencies other than the USD. It is not dumping it.

Biden has been having the Fed increase key interest rates in order to slow inflation, which has strenghthened the $. Trump wanted rates to go into the NEGATIVE! Literally pay big business to borrow!

Obama had also strengthened the USD, after years of W Bush weakening it ostensibly to stimulate the economy but also as a way to offset debt incurred over two big expensive ongoing wars that weren't being paid for.
1 up, 2y,
1 reply
I just cannot believe all of the lies. Lies upon lies.

Let's see, 2017. The 1st year Trump was in office. All of the liberals and socialist nations abhorred Trump. So they will lie just like you lie to say Trump's making the dollar weaker.

Here's the facts. Bush Jr, in his 2 years, threw Capitalism under the bus when he got bad advice that he needed to bail out the banks and to do so he started printing money, quantitative easing. Of course that didn't work because it causes inflation and inflation always had a negative effect on the economy.

Obama gets elected and he turns on the printer at the Fed and never stopped. Obama caused our credit rating to drop 3 times. The world started getting concerned. Russia and China dumped the dollar and begin trading with each other using the Yuan.

Trump gets elected and he doesn't stop the printer. He lets it keep going. But the huge jolt to the economy actually slowed down Obama's inflation, just a little.

Biden gets elected and he fires up the printing presses and tells the Feds to turn it up to 11.

Inflation skyrocketed.

The Feds, who are not part of our government, does what they were established to do, screw up.... Oops I meant to say "fix" the economy. So they are trying to pull back those extra dollars and destroy them be raising interest rates, just like you said. But to right this problem they need to raise interest rates to around 40%. But if they did that they would collapse the economy.

On top of that, if the Middle East dumps the dollar then all of those dollars they have in their banks becomes worthless and that will collapse the dollar overnight.

I doubt you read this far down. Because you're a lying liar who lies. 😛
0 ups, 2y,
1 reply
Then you shouldn't keep posting them.

Again, for the nth time - and you've been told this in the past as well - Fiat Currency. Look it up.
0 ups, 2y,
1 reply
I never said we have a fiat currency. Stop lying. What I am saying is our money is being devalued. It is backed by oil. For example let's say that a gallon of oil is equivalent $1.00. If you print more money that the value of that dollar gets diluted. For every dollar that's printed the value gets diluted.

Fiat currency is currency that is based entirely on a politicians promise and nothing else.

However, if the world follows the Middle East and uses the Yuan as the world currency our dollar becomes a fiat dollar overnight. And that IS what I am talking about. We aren't there yet. Some have called our dollar a fiat dollar when Nixon took us off of the gold standard. There were two really, really, really stupid things Nixon did. He took us off of the gold standard and our dollar has been devaluing ever since. And he gave China most favored nation status and opened trade with them. China took advantage of that because their citizens are slaves.
0 ups, 2y,
1 reply
Again, for the nth time - and you've been told this in the past as well - Fiat Currency. Look it up.

You have no idea what you're going on about. In fact, it's so off, the obvious conclusion is that you're simply joking, as it look like a lame attempt at parody, albeit a tad dry,,,
0 ups, 2y
For the nth time I told you I never said we have a fiat currency. I KNOW WHAT FIAT CURRENCY IS!!!
0 ups, 2y
Here is what I was talking about. The total assets is the amount of currency printed and in circulation. It went up under Bush. It was kept going during Obama and Trump.

But look what Biden did. Printing skyrocketed under Biden. Up at the top right there is a slight dip. That is when interest rates were raised to slow down inflation but it wasn't enough. Then they just kept printing and the assets went back up.

The reason is because Biden is printing money to help out the banks who were hurt by the interest rate increase. That has got to be the most stupid solution I have ever heard.

https://fred.stlouisfed.org/series/WALCL#0

And in case you were wondering both Moody's and the IMF recently reported that the US dollar is at risk. Ya think????

Like I told you a whole bunch of times we do not currently have a fiat currency but we are about to. Our dollar is going to collapse because of YOUR president and the WEF. The Federal Reserve is already working on creating a digital currency to replace the dollar. And THAT will be a fiat currency.
Created with the Imgflip Meme Generator
EXTRA IMAGES ADDED: 2
  • PetroDollar.png
  • Gleeful George Soros
  • Klaus Schwab
  • IMAGE DESCRIPTION:
    UNDER THE OBAMA ADMINISTRATION RUSSIA AND CHINA FORMED A CURRENCY ALLIANCE. THEY DUMPED THE US DOLLAR. SAUDI ARABIA - ALLEGEDLY OUR ALLY - HAS JUST DUMPED US DOLLAR AND REPLACED IT WITH THE CHINESE YUAN; "AN ORDERLY DECLINE OF THE US DOLLAR IS DESIRABLE. A DECLINE IN THE VALUE OF THE DOLLAR IS NECESSARY... SO THERE WOULD BE A SLOW DECLINE IN THE VALUE OF THE DOLLAR, A MANAGED DECLINE" - GEORGE SOROS; "IF YOU RESTRUCTURE AN ECONOMY, THE RESULT IS A REDUCTION OF INCOME — OF DISPOSABLE INCOME — WHICH CAN LEAD TO EXTENSIVE SOCIAL TENSIONS, WHICH WE SEE IN OUR WORLD." - KLAUS SCHWAB; WHAT YOU NEED TO UNDERSTAND IS THAT IF THE YUAN BECOMES THE DEFAULT PETRO-CURRENCY, THEN BIDEN'S CURRENT PLAN TO DEVALUE THE DOLLAR WILL LOOK LIKE CHILD'S PLAY. WHAT WILL HAPPEN IS THE UNITED STATES OF AMERICA WILL BECOME A THIRD WORLD COUNTRY OVERNIGHT. THIS IS NOT HYPERBOLE, THIS IS A FACT. THIS IS WHY BIDEN WAS INSTALLED AS PRESIDENT. THIS IS WHY THE LEFT WAS BRAINWASHED TO HATE TRUMP SO VICIOUSLY. THIS IS WHY NO ONE SHOULD EVER VOTE FOR ANOTHER DEMOCRAT FOR ANYTHING EVER AGAIN.