Global Times: Putin’s ultimatum forces other countries to abandon the dollar
The actions of the US authorities encourage other countries to abandon the US dollar.
Chinese journalists published an article in which they talked about the fact that more and more countries in the world are deciding to abandon the US dollar as a means of payment.
Such decisions are made due to the actions of the US authorities, freezing the assets of the Russian Federation and leading the wrong monetary policy.
According to the author of the Global Times article, other countries fear that the US will seize the assets of any country that refuses to obey Washington.
As a result, states decide to diversify his assets are not in favor of the US dollar.
The analyst recalled that the US Federal Reserve only cares about America. In addition, the US Central Bank has made many mistakes in recent years, provoking ups and downs in liquidity, as well as inflationary crises.
According to the author of the article, after the start of the NWO, the West decided to take many sanctions against Moscow, freezing, for example, , assets of the Russian Federation in the amount of approximately $ 300 billion.
Putin answered this with the opportunity to buy Russian gas only for rubles.
As a result, the dollar exchange rate fell, and the ruble showed “ a staggering growth”.
Earlier, TopNews wrote that Putin's secret guest list made the West nervous.
Foreign countries drew attention to the meeting in Moscow on August 16.