February 6, 2023

A Dollar Collapse Is Now In Motion – Saudi Arabia Signals The End Of Petro Status

The effects of the decline of the dollar may not be immediately experienced, or become obvious for another year or two. What will happen is definitely consistent inflation on top of benefit prices we are already coping with.

The drop of a currency’s world arrange status is often a long process rife with denials.

There are numerous economic “ experts” on the market that have been dismissing any and all alerts of dollar collapse for a long time. They just don’t get it, or they don’t want to get this. The idea that the US currency can ever be dethroned since the defacto global trade system is impossible in their thoughts.

One of the important pillars keeping the money in place as the world hold is its petro-status, which factor is often held up as the reason why the Greenback cannot fail. The other argument is that the dollar is backed with the full force of the US military, and the US military is backed by the ALL OF US Treasury and the Federal Book – In other words, the money is backed by… the dollar; it’s a very rounded and naive position.

These sentiments are not only pervasive among mainstream economists, they are also all over the place within the alternative media. I suspect the main hang-up for liberty motion analysts is the notion the globalist establishment would ever allow the dollar or the ALL OF US economy to fail. Genuinely the dollar system their “ golden goose”?

The answer is no, it is far from their golden goose. The dollar is just another moving stone towards their goal of a one-world economy plus a one-world currency. They have murdered the world reserve status of other currencies in the past, why wouldn’t they do the same to the dollar?

Globalist white papers and essays specifically outline the need for the diminished role for the US currency as well as a decline within the American economy in order to make way for Central Bank Digital Currencies (CBDCs) and a new  global currency system   controlled by the IMF. I warned about this yrs go, and my place has always been that the derailment from the dollar would likely start with the finish of its petro status.

In 2017 We published an article titled  ‘ Saudi Coup Signals War And The New World Order Reset’ . I observed at the time that the sudden power shift over to crown knight in shining armor Mohammed Bin Salman indicated a change in Saudi Arabia’s relationship to the US. We stated that:

To understand exactly how drastic this coup continues to be, consider this — for decades Saudi Kings maintained political balance by doling out crucial power positions to separate, meticulously chosen successors. Positions for example Defense Minister, the Interior Ministry and the head of the National Guard. Today, Mohammed Rubbish bin Salman controls all 3 positions. Foreign policy, protection matters, oil and economic decisions and social changes are now all in the fingers of one man. ”

The rise of MBS was supported by the Public Investment Fund (PIF), a fund composed of trillions of dollars provided by  globalists inside Carlyle Group   (Bush family, etc . ), Goldman Sachs, Blackstone and Blackrock. MBS garnered the particular favor of the globalists for one specific reason – He or she openly supported their  “ Vision For 2030” , a plan for the taking out of “ fossil fuel” based energy and the implementation of carbon controls. Yes, that’s right, the head of Saudi Arabia is backing the eventual end of oil-based energy, and part of which includes the end of the dollar since the petro currency.    

In exchange for their cooperation, the Saudis are being given access to ESG-like financing as well as  entry to AI advancements   and the so-called “ electronic economy. ”   It sounds crazy, but there is much talk of AI developments to cure numerous health problems and extend lifespan.   With those kinds of promises, not necessarily surprising that Saudi elites would be willing to dump the particular dollar and even oil.

In 2017 I noted that:

I believe the next step of the global economic totally reset will begin in part with the splitting of petrodollar dominance. An essential element of my analysis for the strategic shift away from the particular petrodollar has been the cooperation between the U. S. plus Saudi Arabia. Saudi Arabia has been the single most important key to the dollar left over as the petrocurrency from the beginning. ”

I believed that the threat to petro status would certainly ultimately be spurred on by a proxy war among East and West:

Globe economic war is the genuine name of the game here, as the globalists play puppeteers to East and Western. It is a geopolitical crisis they are going to have created to engineer open public support for a solution they will predetermined. ”

Back then I thought that will such a proxy war will be initiated in the Middle East, possibly in Iran. However , really clear that Ukraine could be the powderkeg the globalists possess chosen, at least for now, along with Taiwan being the next shoe to drop.

Within the years since I made these predictions the relationship between Saudi Arabia, Russia and China has grown very close. Hands deals and energy offers are becoming a mainstay associated with trade and this has resulted in a quiet but continuous distancing of the Saudis from the dollar. This past week, the dominoes were set in motion intended for dollar collapse when Saudi Arabia announced at Davos that they are now willing to business oil  in alternative currencies .

In response, Xi Jinping pledged to ramp up efforts to market the use of the Chinese yuan in energy deals. This falls in line with another content I wrote in 2017 titled  ‘ The particular Economic End Game Proceeds, ‘   by which I described how issue with Eastern nations (China and Russia) would be used to create a catalyst for the end of the dollar’s petro standing.

The importance of the particular Saudi announcement cannot be overstated; this is the beginning of the end of the dollar. The dollar’s world reserve status is largely influenced by its petro-status. Without 1, you cannot have the other. This is almost the exact same dynamic that led to the implosion of the British Sterling decades back as the global petro foreign currency which resulted in the rise of the dollar to take the place.

This time, though, it will not be a single foreign exchange that takes on the function of world reserve, it will be a basket currency system controlled by the IMF known as Special Drawing Rights, along with a single global digital foreign currency that is yet to be named but is now under growth.

The consequences from the loss of reserve status is going to be devastating to the US economic climate. It is the only glue holding our system together – The opportunity to defer inflation by exporting it overseas is a superpower only the US enjoys. The particular Fed can print cash perpetually if it wants to to be able to fund the government or prop up US markets, as long as international central banks and business banks are willing to absorb bucks as a tool for worldwide trade. If the dollar is no longer the primary international trade mechanism, the trillions upon trillions of dollars the Given has created from thin air through the years will all come water damage back to the US through different avenues, and hyperinflation (or hyperstagflation) will be the result.

This dynamic is in play, as  foreign holders   of US debt and dollars have been  dumping them   in record pace since 2017. The process continues at a time once the Federal Reserve is slicing it’s balance sheet plus raising interest rates, which means there is absolutely no longer a buyer of last resort.

This may be why multiple foreign central banks have renewed their  purchases associated with gold reserves   and are once again stockpiling precious metals. They seem to be well aware of what is about to happen to the dollar, while the American general public is kept in the dark.

The effects of the drop of the dollar may not be instantly felt, or become apparent for another year or two. What will take place is consistent inflation along with the high prices we are already dealing with. Meaning, the Federal Reserve will continue to hold interest rates higher and prices will barely budge or they may climb in spite of monetary tightening. Even in the face of a major recessionary contraction, that i predict will be triggered starting in April, prices will STILL remain higher.

All the while the mainstream media and government economists will say they have “ no idea” why inflation is so persistent, and that “ nobody could have seen this coming. ” Some of us saw it coming, but just because we accept the truth that the dollar’s days are usually numbered.

The best Banks and the IMF Plan on Stealing Your Money

Leave a Reply

Your email address will not be published. Required fields are marked *