Our arrogant, corrupt Government Officials have finally done it!
Last night, while we were all sleeping, a simple little news story was published… “End of the Dollar: India Uses Rupees Rather Than US Dollars for International Trade – 18 Countries Agree to Trade in INR” at TheGatewayPundit.com .
The Federal Reserve — a foreign international Banking cartel — (which is neither “federal” nor does it have any “reserves”), has finally finished its 110-year sucking America dry of its wealth — all done under our noses while we were sleeping. Wake-up! We are now officially BROKE and just starting a financial FREE-FALL.
And with the death of the dollar, the nation’s LIBERTY is next on the chopping block.
Are you ready?
The HIROSHIMA Financial Atomic Bomb has been DROPPED!
It seems appropriate that this series of 25 postings under “WW3 – World War Wicked!” end with this historic posting.
You may say, “Didn’t you mean Nuke?” No. A nuclear bomb is much worse than a atomic / hydrogen bombs. Unfortunately, the NUKES are still coming.
Next up?
MASSIVE INFLATION, which experts have warned will be far, far, far worse than the “Great Depression”. Be wise with whatever resources you now have. How you spend what you have now may very well determine if and how you and your family survives.
What does this mean? Soaring prices. Food shortages. Gas shortages. Famine. Disease. Gang wars. Etc.
Too dramatic? Conspiracy theory? Nope. Students of history knew this was coming, and they also know what’s coming — unless something dramatic happens to save us.
Jesus said, “Fear not.”
Are you ready? It is certainly coming. Have you planned to planted a garden this Spring yet? It’s time!
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End of the Dollar: India Uses Rupees Rather Than US Dollars for International Trade – 18 Countries Agree to Trade in INR
Here’s the news story….
Following the US Federal Reserve’s sharpest tightening in monetary policy in decades, India has offered its currency as an alternative for trade to nations that are experiencing a shortage of dollars, Bloomberg reported.
As a result of Joe Biden’s disastrous economic policies, there are now coordinated efforts to weaken the global reliance on the U.S. dollar
India’s new foreign trade policy took effect on April 1, according to Reuters.
The outlet reported:
The South Asian nation is prepared to trade in rupees with nations facing a shortage of dollars so as to “disaster-proof” them and effectively boost its exports, Commerce Secretary Sunil Barthwal told a news conference in the capital, New Delhi.
The measures include industry-specific targets to reach a goal of $2 trillion in exports of merchandise and services by 2030, said Santosh Kumar Sarangi, head of the directorate-general of foreign trade (DGFT).
That represents a nearly three-fold jump from expected exports of $770 billion in financial year 2022/23, he added, despite global uncertainties that make the export scenario slightly challenging.
India is also launching a new amnesty scheme for one-time settlement of defaults on export obligations, Sarangi said.
The scheme, which aims for faster resolution of trade disputes, will run until September 2023, but will not apply to cases involving fraud investigations.
India’s new policy will also automate some trade approvals and cut charges for medium-sized and small businesses to secure some government-backed benefits.
Bhagwat Karad, India’s minister of state for finance, said that the Reserve Bank of India had approved the opening of special rupee vostro accounts (SVRAs) of correspondent banks from 18 countries in 60 separate cases.
The countries include Botswana, Fiji, Germany, Guyana, Israel, Kenya, Malaysia, Mauritius, Myanmar, New Zealand, Oman, Russia, Seychelles, Singapore, Sri Lanka, Tanzania, Uganda, and the United Kingdom.
Also, according to a senior Russian official, the BRICS countries (Brazil, Russia, India, China, and South Africa) are in the process of developing their own currency that will be presented at the organization’s upcoming summit in South Africa.
Below is recap of countries stepping away from reliance on the US dollar in the last few weeks:
- Saudi Arabia enters trade alliance with China, Russia, India, Pakistan, and four Central Asian nations to step further away from reliance on the US dollar.
- China and France complete first LNG gas trade using Chinese Yuan, ending reliance on the US dollar for energy trades.
- China and Brazil to settle trades in their own currencies, ditching the US dollar.
- Brazil, Russia, India, China, and South Africa (BRICS) are developing a new currency, State Duma Deputy Chairman says.
- Saudi Arabia partners with China to build a Chinese oil refinery for 83.7 billion yuan ($12.2 billion).
- Kenya signs deal with Saudi Arabia and UAE to buy oil with Kenyan shillings instead of US dollars.
- President of Kenya tells citizens to get rid of US dollars.
- Association of Southeast Asian Nations considers dropping the US dollar, euro, yen, and British pound for local currency financial settlements.
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Today’s Gold & Silver Prices – April 3, 2023
Every American will Understand very Soon
First step is to understand what the above story means, and why this day is a landmark that will be remembered as one of the worst days in American history. More details are provided in the Zerohedge story below. These news stories seem boring, right? However, very soon EVERY AMERICAN will understand who, what, when, where and why this day came.
Start making a list of the evil culprits. That should list should become the arrest list. That’s the prosecution list, and if convicted for the financial TREASON that it also the list of individuals who should be publicly hung on the steps of state capitol buildings across the nation.
The federal level crime hangings should be on the US Capitol steps.
In the case of White House level criminals, it would be appropriate for the High Treason that those hanging take place on the White House lawn.
As WARNED by former Rep. Ron Paul – who was IGNORED year after year after year as he BEGGED Congress to audit “the Fed”. It never happened. The US government drove the dollar off the cliff in slow motion with yearly deficit spending beyond existing budgets. (Too often with kickbacks, bribes and treachery — as with the Biden Crime Family’s decades of government grifting — including the payoff of “winning” the 2020 election — so China’s interests could be furthered — which is the destruction and submission of America to Beijing as their slave.
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Warning: Inflation is About to Explode Higher Again…
By Graham Summers, MBA
OPEC shocked the world by announcing oil production cuts of 1.6 million barrels per day starting in May.
This is a big deal for inflation.
Why?
Because as I have noted previously, the ONLY inflation data that had come down in the last 12 months was in energy prices. And that was due to the Biden administration dumping 250 million barrels of oil in the open market while OPEC was maintaining its regular production rates.
See the data for yourself… literally everything but energy prices and used car prices continues to rise…
For the rest of this story, which includes numerous graphs, etc, please see…
https://www.zerohedge.com/news/2023-04-03/warning-inflation-about-explode-higher-again
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For research & videos on Sound Money vs. Federal Reserve paper see below…
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