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IPFS News Link • Currencies

American dollar dominance FADES amid Saudi Arabian shift to China as its most "reliable partner

• https://www.naturalnews.com, by: Ethan Huff

The petrodollar, which since 1945 has been the standard currency used to pay for oil globally, is quickly fading as Saudi Arabia pivots to China as its new "reliable partner" for energy and trade.

Fed up with the Biden regime's disastrous economic policies, among other things, Saudi Crown Prince Mohammed bin Salman (MbS) appears to be moving on from the U.S. and setting his sights on the world's largest communist regime, which is fast-becoming a global economic leader.

There are many factors that are contributing to the demise of the petrodollar, and to be fair they are not all Biden's fault. Many U.S. presidents – or rather the puppet masters that control them – have been chipping away at the petrodollar's dominance with decades of bad policy designed to crush the West.

One of them is the Federal Reserve's money-printing scam, which dilutes the value of the dollar through inflation. More recently, the "sabotage" of the Nord Stream gas pipelines running from Russia to Germany delivered another blow to the dollar's dominance.

"The more dollars are printed, the more purchasing power is stolen from other nations that hold dollars," writes Mike Adams, the Health Ranger. "The current dollar devaluation has reached nearly 2% per month and continues to accelerate."

Is the West facing divine justice for its crimes against humanity all around the world?

Truth be told, it has been a long time coming for the United States, which for too long has been a world bully. How many nations has this country bombed, and how many innocent civilians in mostly poorer countries have lost their lives at the hands of this cruel war machine?


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