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Page added on August 16, 2018

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New world currency will topple dollar

Public Policy

MOSCOW

The use of the U.S. dollar to put pressure on other countries will lead to the creation of an alternative world currency, costing the dollar its world currency status, a top Russian deputy told Anadolu Agency on Wednesday.

Anatoly Aksakov, who heads the Russian State Duma Financial Committee, said the dollar gained its “world currency” status in 1944 when, because of World War II, the national currencies of many countries were devalued while the dollar stayed stable. This resulted in more payments in dollars and its domination in international transactions.

“But today the U.S. administration is doing everything for the creation of a new world currency,” he said.

“More and more countries are considering transactions in national currencies. Meanwhile, the BRICS countries, which Turkey seems to be interested in joining, are discussing the possibility of creating a new currency for payments within the BRICS,” he said, referring to the bloc of Brazil, Russia, India, China, and South Africa.

The deputy said a BRICS currency would have good prospects, because the bloc possesses half of the world population, 30 percent of the world’s industry, and 40 percent of the world’s agriculture as well as the biggest natural resources deposits.

“The process of creating an alternative world currency can be completed within five years. It will depend on Washington, as the more the U.S. uses the dollar to exert pressure, the more motivation other countries will have to deny payments in the dollar,” he said.

Many countries have already refused the dollar, said Aksakov, citing how China has started buying oil using its yuan, Turkey has withdrawn its gold deposits from the U.S., and Russia has significantly decreased its investments in U.S. government debt.

“Once the alternative world currency appears, the dollar will lose its significance, costing it half its current value. And with the loss of the dollar’s value, the U.S. will lose its influence”, he said.

Currently, the U.S. gross domestic product is some $20 trillion, including $5 trillion in real income, with $15 trillion coming from other countries using the dollar, he said, saying we should consider what losing that $15 trillion would cost the U.S.

Separately, Leonid Slutsky, head of the State Duma’s Foreign Affairs Committee, told Anadolu Agency that Russia is standing by Turkey in a difficult situation.

“We are here, with our Turkish friends. We’re glad to see that lira has started to recover from the first shock,” he said.

“Russia got a similar shock when the ruble’s value fell sharply in 2014. But it’s not the end of days.

“Turkey has all the necessary resources — political will, intellectual power — to deal with this challenge. Turkey is not a country that can be suppressed by attacking its national value.”

AA.com.tr



116 Comments on "New world currency will topple dollar"

  1. George Straight on Thu, 16th Aug 2018 9:22 pm 

    How much military force!?
    The USA Space Force Branch will zap malcontents back to the stone age for getting in an upstart attitude.
    These fellas don’t know who they are dealing with..Uncle Sam the real power is might equals right….

  2. Cloggie on Thu, 16th Aug 2018 10:25 pm 

    “These fellas don’t know who they are dealing with.”

    Yes they do, namely with a political entity that lost competition on international markets, witnessing huge trade deficits and that militarily suffers defeats in Iraq and Afghanistan at the hands of jihadists and in Syria at the hands of Russia. And finally with an entity that at home is divided to the core between the white right, currently in power, and a temporarily sidelined leftist deep state and political left, that seeks the destruction of the white majority once and for all, a conflict that easily could lead to the balkenization of the country.

    THAT is what these “fellas” are dealing with.

    P.S. have you already secured sufficient Russian rockets to bring that anti-Russian space force into orbit? And what is that force suposed to do anyway? Throwing tons of freshly minted dollars over Eurasia?

  3. JuanP on Thu, 16th Aug 2018 10:34 pm 

    Welcome, George, if you are not a sock puppet you will be in good company here. We have quite a lot of aggressive, functionally illiterate, delusional Americans on this board.

  4. makati1 on Thu, 16th Aug 2018 11:13 pm 

    Cloggie, you hit the nail on the head. “P.S. have you already secured sufficient Russian rockets to bring that anti-Russian space force into orbit?” That gave me huge laugh.

    The Us has to buy rocket motors from Russia because they cannot build reliable ones themselves. The Us cannot even build a navy ship that can cross the ocean without breaking down or the trillion dollar F35 that cannot even beat a 30 year old F15. Too much corruption from the top down in America. A real banana republic in all ways.

  5. MASTERMIND on Thu, 16th Aug 2018 11:23 pm 

    Clogg

    Military suffers defeat in Iraq? WTF? We destroyed their asses and we have tripled their oil production, with our western multinational oil companies..And the UK and Europe is just as divided as we are..Look at Italy falling apart in real time..

    And your conspiracy about wanting to eliminate the white race is pure paranoid schizophrenia..With no evidence to support it..

  6. makati1 on Thu, 16th Aug 2018 11:27 pm 

    As I have been saying, the USD is on its way out and as goes the USD, so goes the nation. When the dollar has to compete fairly, it will die or become almost worthless.

    The Us produces nothing NEEDED by the rest of the world. All it can do is sell arms and if wars stop, there goes even that income. Asia produces most of what the Us NEEDS. The Us NEEDS Asia. Asia does not need the Us. Interesting times. I’m glad I no longer live in the Us.

  7. MASTERMIND on Thu, 16th Aug 2018 11:41 pm 

    Nothing Much Happening Except For Possible Global Economic Collapse

    https://www.motherjones.com/kevin-drum/2018/08/nothing-much-happening-except-for-possible-global-economic-collapse/

  8. MASTERMIND on Fri, 17th Aug 2018 12:11 am 

    President Trump Might Just Get The Chinese Economic Collapse He’s Hoping For

    https://dealbreaker.com/2018/08/president-trump-might-just-get-the-chinese-economic-collapse-hes-hoping-for/

    Sorry Mr Ching Chong..

    LMFAO!

  9. MASTERMIND on Fri, 17th Aug 2018 12:37 am 

    CLogg

    Marx: Broke, living in exile..Fucks so much he has 7 kids

    Hitler: Dictator of most of mainland Europe..Still can’t fuck..Has 0 kids.

    LMFAO!

  10. makati1 on Fri, 17th Aug 2018 12:58 am 

    MM, your Davy-like hate of China is only proof of your total brainwashing by your masters. It must be painful to know that your thoughts are not your own. China makes most of the products that you use, either directly or indirectly.

    Imagine your life without Chinese products. You would not even have the PC you are typing on. No cell phone either. Read the labels. See where the shit you buy is really made. Very little will be American made. Not 100% American. Maybe assembled in the Us but not made there. The parts come from China.

    China has the US by the balls and Trumpet’s threats only hurt YOU, not the Chinese.

  11. makati1 on Fri, 17th Aug 2018 1:34 am 

    Food for thought, America:

    “Through the 1990s, during the terms of US President Bill Clinton, NATO relentlessly and inexorably expanded through Central Europe. …

    This NATO expansion – which the legendary George Kennan presciently warned against in vain – continues to drive the world the closer towards the threat of thermonuclear war. …

    In reality, the United States and its Western European allies are now discovering the hard way the same lesson that drained and exhausted the Soviet Union from the creation of the Warsaw Pact in 1955 to its dissolution 36 years later. …

    When nations such as France, Germany, the Soviet Union or the United States are seen as rising powers in the world, the small countries of Central Europe always hasten to ally themselves accordingly….

    As Russia rises once again in global standing and national power, supported by its genuinely powerful allies China, India and Pakistan in the Shanghai Cooperation Organization, the nations of Central Europe can be anticipated to reorient their own loyalties accordingly once again.”

    https://www.strategic-culture.org/news/2018/08/15/nato-repeats-great-mistake-warsaw-pact.html

    Nuff said.

  12. makati1 on Fri, 17th Aug 2018 1:41 am 

    “One has to conclude that the United States has now become the ultimate angry imperial power, lashing out with the only thing that seems to work – its ability to interfere in and control financial markets – to punish nations that do not play by its rules.

    Given Washington’s diminishing clout worldwide, it is a situation that is unsustainable and which will ultimately only really punish the American people as the United States becomes more isolated and its imperial overreach bankrupts the nation.

    As America weakens, Russia, Turkey, Iran and all the other countries that have been steamrolled by Washington will likely seek revenge. To avoid that, a dramatic course correction by the US is needed, but, unfortunately, is unlikely to take place.”

    https://www.strategic-culture.org/news/2018/08/16/america-the-punitive.html

    Nuff said.

  13. Cloggie on Fri, 17th Aug 2018 1:49 am 

    Marx: Broke, living in exile..Fucks so much he has 7 kids

    Hitler: Dictator of most of mainland Europe..Still can’t fuck..Has 0 kids.

    Yeah, Marx and his third world theories had children like your average IQ70 African. Everybody in the third world, like Venezuela, loves Marx, the ideologue for stupid people.

    USSR: $100/month

    Thanks Karl!

    Sorry Mr Ching Chong..

    What?! But these Chinese still carry portraits of Marx. You traitor of the Marxist cause.lol

  14. Cloggie on Fri, 17th Aug 2018 2:03 am 

    Military suffers defeat in Iraq? WTF? We destroyed their asses and we have tripled their oil production, with our western multinational oil companies..

    Iraq is now Iranian sphere of influence, thanks to the Shia majority, you fools brought to power by toppling Saddam. And next you were essentially thrown out, driven back as you were into the Green Zone and not even there you were save. Baghdad Bob was so right.

    You have admitted several times that 9/11 was a false flag. The goal of the kosher PNAC crowd behind 9/11 was a “2nd American Century”. The means to achieve that was to capture the remaining ME oil:

    https://deepresource.files.wordpress.com/2012/01/strategicellipse.png

    That goal majestically failed!!! ROFL

    Iraq is definately NOT a US colony like KSA still is (for as long as it lasts).

    On top of that, a major European nation (Russia) defeated the US goals in Syria, now not a US vassal either, although it was close. Now the US is stuck with an Iran dominating all the way from Tehran to Tarsus.

    Shia Crescent:

    http://factsanddetails.com/media/2/20120510-map%20Halbmond.jpg

    You are losing it pall. You’re done.

    And you have nothing but enemies, even Europe will escape at the first opportunity, towards Russia and Brexit offers the opportunity to kiss Anglo-Zionism goodbye for good and turn to Moscow.

    https://www.rt.com/news/387313-us-losing-leadership-eu-mogherini/

    PBM=640 million, US=220 million whites.
    PBM could do with America what it wanted, like for instance splitting it up and incorporate the willing white parts.

    What are you going to do about it, you mini-Trotsky?

  15. Cloggie on Fri, 17th Aug 2018 2:09 am 

    And your conspiracy about wanting to eliminate the white race is pure paranoid schizophrenia..With no evidence to support it..

    https://documents1940.wordpress.com/2018/05/21/european-america-is-over/

    No worries, Europe will take care of a large chunk of white America, they are after all our people.

    #PossessivePronounAlert

    America f^cked up and 1776 was a mistake as white America was too weak, too individualistic to develop an elite that could withstand millimind’s tribe.

    https://documents1940.wordpress.com/2017/10/26/the-new-america/

  16. Davy on Fri, 17th Aug 2018 4:52 am 

    “MM, your Davy-like hate of China is only proof of your total brainwashing by your masters.”
    Where did I say I hate China like you hate the US? All my comments are references are in response to your extremist comments or references on the subject. China is systematically important to everyone. The truth is we must know how China is really doing not how you, slip slidin, want China to appear.

    “It must be painful to know that your thoughts are not your own. China makes most of the products that you use, either directly or indirectly.”
    Most? Quantify that slip slidein with a reference. Much of the junk in Walmart is Chinese. Much of the cheap furniture is Chinese. Things are never how you represent them slip slidin because you are an extremist.

  17. Davy on Fri, 17th Aug 2018 5:17 am 

    “No worries, Europe will take care of a large chunk of white America, they are after all our people.”

    I find that hard to believe because currently we are taking care of a large portion of Europe. I think you are confused with reality and your emotional connections.

  18. makati1 on Fri, 17th Aug 2018 6:54 am 

    Warmongering America, manufacturing “enemies” when there are none.

    “A new Pentagon report has sounded the alarm over China’s expanding military reach and says the rival to American power is increasing its ability to send bombers further afield while “likely training for strikes” against the United States and its allies. … this may demonstrate the “capability to strike US and allied forces and military bases in the western Pacific Ocean, including Guam,… ”

    What a pile of bullshit! China has no reason to attack anyone. Certainly not the crumbling US or it “allies”. It does have the need to protect its own shores from the maniacal US, which it is doing. It can hit Guam wit missiles, nuclear if need be. Why fly there in slow airplanes?

    China can take down the Us any time it needs to, financially. All it needs to do is take down the USD by starting to sell off its treasury holdings ans stop supplying the US with critical minerals and electronics. Game over.

    TRUMPET is playing a dangerous game and the stupid Pentagon generals are war hungry, even if it means the death of the world. Insanity!

  19. makati1 on Fri, 17th Aug 2018 7:01 am 

    BTW: Does American bombers flying in the South China Sea, 12 miles from Chinese islands mean they are preparing for a war with China?

    Maybe the Chinese should fly by Catalina or Key West, every few months? After all, they would just be guaranteeing “freedom of the sea”. LMAO

  20. JuanP on Fri, 17th Aug 2018 7:08 am 

    “Sanction Mania vs Russia”
    https://www.rt.com/op-ed/436148-cohen-sanctions-russia-us/

  21. JuanP on Fri, 17th Aug 2018 7:13 am 

    Delusional Davy “Where did I say I hate China like you hate the US?”
    You never said you hate China because you are a manipulative liar, but actions speak louder than words, Exceptionalist, and your constant China bashing over five years proves beyond any reasonable doubt that you hate, resent, and fear China. You would have to be honest to admit you hate it, though, and we all know you are the board’s biggest liar.

  22. JuanP on Fri, 17th Aug 2018 7:19 am 

    Delusional Davy “Most? Quantify that slip slidein with a reference.”
    I see the board’s moderator, balancer, registrar, and qualifier has now become the board’s quantifier, too. You really are a pathetic freak, Exceptionalist. If you dispute Mak’s assertion then the onus is on you to provide evidence and references that prove him wrong. Good morning, goat lover! Prepare yourself to be fucked with for the next 16 hours! LOL!

  23. JuanP on Fri, 17th Aug 2018 7:21 am 

    “Japan and China Slashing US Sovereign debt is Washington’s Worst nightmare.”
    https://www.rt.com/business/436193-japan-china-us-debt-dumping/

  24. MASTERMIND on Fri, 17th Aug 2018 8:36 am 

    Clogg

    You think Marx had low iq children? He was a leftist Jew..That means he would have an above average IQ..its you conservatives that have a low IQ..And you have no scientific or artistic capabilities..You are good obedient tools to the elites..

    And your sources are not credible.

  25. Davy on Fri, 17th Aug 2018 8:45 am 

    Phony Juan. Do you have any content or commentary for that empty article reference? You just show how Intellectually limited and lazy you are just spitting out a reference. Stupid

  26. MASTERMIND on Fri, 17th Aug 2018 8:52 am 

    Mak

    China’s economy is already buckling from the tariffs..And they are headed for a Minsky moment soon..Thats the bank of China’s words, not mine..you can only build so many ghost cities funded by shadow banks..Their debt is unsustainable..And they don’t have the worlds reserve currency to bail them out..

    LMAFO!

  27. Cloggie on Fri, 17th Aug 2018 8:52 am 

    “.its you conservatives that have a low IQ”

    But these dumb conservatives took over from these smart libtards regardless in November 2016?

    You need a new text writer, millimind, the old one sucks.

    And now the Trumpet intentionally is going to blow up the empire, libtards have worked so hard for, for a century.

    I love it!

  28. MASTERMIND on Fri, 17th Aug 2018 8:57 am 

    Clogg

    They lost the popular vote by over 3 million..And the exit polls showed Hillary actually won the entire thing..the election was likely hacked by the elites to get their taxes cut and to get more military funding for more war..

    Oh well..I hope Trump wins again so when the oil shortage and collapse comes, he will get the blame.

    Womp Womp!

  29. MASTERMIND on Fri, 17th Aug 2018 9:01 am 

    Clogg

    All the smartest people of society are liberals..Professors, Scientists, Artist, Writers.

    All the dumbest are conservatives..Gun nuts, religious zealots, Racist.

    They are deplorable losers..That is why they are so mean and cruel..Misery loves company..

  30. MASTERMIND on Fri, 17th Aug 2018 9:03 am 

    China ‘training for strikes’ on US targets

    https://www.bbc.com/news/world-us-canada-45218741

    Those rice patties better not strike the US..Or they will be nuked back to the stone ages..

  31. JuanP on Fri, 17th Aug 2018 9:25 am 

    Delusional Davy “Phony Juan. Do you have any content or commentary for that empty article reference?”

    If the title sounds interesting to you follow the link and read it, fool. You are the ONLY person on this board that seems to have a problem doing that. You can’t fix stupid! LOL!

  32. JuanP on Fri, 17th Aug 2018 9:27 am 

    MM “And the exit polls showed Hillary actually won the entire thing..the election was likely hacked by the elites to get their taxes cut and to get more military funding for more war.”
    Do you actually believe that?

  33. Davy on Fri, 17th Aug 2018 9:39 am 

    Phony Juan, looks interesting is one thing. Can you digest a point from content then present that content. If you are really smart you will give your own commentary. Obviously you reference most of your articles without digested content and rarely yet, commentary. The reason is you are lazy, lack deeper intelligence, and prefer social media trolling. You and your extremist buddies have ruined this board by this behavior.

  34. MASTERMIND on Fri, 17th Aug 2018 9:42 am 

    World is drowning in debt and it spells disaster for everyone

    https://www.rt.com/op-ed/436089-global-debt-economics-system/

  35. MASTERMIND on Fri, 17th Aug 2018 9:45 am 

    Hackers breach dozens of voting machines brought to conference
    http://thehill.com/policy/cybersecurity/344488-hackers-break-into-voting-machines-in-minutes-at-hacking-competition

    Top-Secret NSA Report: Details Russian Hacking Effort Days before 2016 Election
    https://theintercept.com/2017/06/05/top-secret-nsa-report-details-russian-hacking-effort-days-before-2016-election/

  36. Cloggie on Fri, 17th Aug 2018 9:49 am 

    In Russia and eastern Europe conservatives replaced the marxists and they are all doing much better now as a result.

    Won’t be different in the US… after the break.

  37. JuanP on Fri, 17th Aug 2018 9:52 am 

    Delusional Davy “You and your extremist buddies have ruined this board by this behavior.”
    You are living in denial, Exceptionalist! The person most responsible for ruining the board is you.

  38. GregT on Fri, 17th Aug 2018 10:06 am 

    “You and your extremist buddies have ruined this board by this behaviour.”

    You yourself would be the board’s foremost insane extremist Davy. You’re so extremist that you even believe that you are the self appointed moderator of an unmoderated forum, and have the right to tell others what they are allowed to think, feel, believe, or post.

    It doesn’t get any more insane, or extremist than that. A complete nutcase.

  39. Davy on Fri, 17th Aug 2018 10:25 am 

    You are as dumb as a box of rocks, greggie, you make a big deal about me moderating your extremism as if I impinge upon your personal sovereignty or something. I am just playing with and your phony friend. The real moderation is intellectual. You and phony Juan rarely make comment that require debate or discussion. You two dumbasses are all about social media trolling. You like gangbanging censorship. I just enjoy moderating this intellectually weak activity with smart comments. You guys then attempt to troll instead of debate. The funniest part is how your whine, moan, and gnash your teeth over my smart comments. My god, phony juan spit out a dozen stupid troll remarks this morning like he is acting smart. He just annoys people and looks stupid. Now here you come to add to the noise. This is what I mean about ruining the board.

  40. Cloggie on Fri, 17th Aug 2018 10:32 am 

    “China ‘training for strikes’ on US targets
    https://www.bbc.com/news/world-us-canada-45218741
    Those rice patties better not strike the US..Or they will be nuked back to the stone ages..”

    Really? I bet that China can bomb US basis in Okinawa and/or Philipines in case or a war in the South-China with impunity. Nuking each other cities is an act of desperation and last resort. MAD will apply, nukes won’t fly..

    I read articles about China investing in long-range bombers as well this morning. Nobody talked about bombing US mainland, you have missiles for that.

    As Orwell predicted: there will not be all out war, but only constant conflict “at the edges”.

  41. GregT on Fri, 17th Aug 2018 10:38 am 

    “You are as dumb as a box of rocks, greggie, you make a big deal about me moderating your extremism as if I impinge upon your personal sovereignty or something. ”

    This is an unmoderated forum Davy. Now tell everyone; How dumb do you have to be, to believe that you are the self appointed moderator of an unmoderated forum?

    LMFAO at the extremist nutcase!

  42. JuanP on Fri, 17th Aug 2018 10:39 am 

    Delusional Davy “My god, phony juan spit out a dozen stupid troll remarks this morning like he is acting smart. He just annoys people and looks stupid. Now here you come to add to the noise. This is what I mean about ruining the board.”
    Acting smart? Only a lunatic like you would interpret things that way! There is nothing smart about trolling, fool. I just wanted to get you going, Davy, and I seem to have accomplished that mission. My main goal is to keep you from enjoying being here while you continue to attack, insult, and bully others. Based on your reactions over the past couple of months, I think I am succeeding. You can end this, if it is too much for you. All you have to do is to start behaving like a decent human being, you goat fucked son of a fucking whore.

  43. fmr-paultard on Fri, 17th Aug 2018 10:50 am 

    juantard just because you said you love humanity doesn’t make you decent. aswang too is nasty.

  44. GregT on Fri, 17th Aug 2018 11:05 am 

    “Phony Juan. Do you have any content or commentary for that empty article reference? You just show how Intellectually limited and lazy you are just spitting out a reference. Stupid”

    There is absolutely no need to cut and paste the entire article here like you do Davy. Most 5 year olds in this day and age know how to follow a link. What’s your excuse?

  45. MASTERMIND on Fri, 17th Aug 2018 11:29 am 

    Clogg

    Eastern Europe and Russia are two of the weakest economies on earth..and the poorest white countries on earth and most corrupted..And Russia is peaking soon..they haven’t made any major new discoveries since the Soviet days.

    IEA: Russia’s oil output to reach its peak in 2020
    http://vestnikkavkaza.net/news/IEA-Russia%E2%80%99s-oil-output-to-reach-its-peak-in-2020.html

    And you didnt cite any evidence which proves you are full of shit like always..You dumb low iq conservative moron.

  46. MASTERMIND on Fri, 17th Aug 2018 11:34 am 

    Clogg

    Orwell was a liberal socialist as well..And so was Einstein..And socialist are correlate with high IQ’s..Just like Atheist are as well..Conservatives and religious people are correlated with low IQ’s..

    You globalist cunt

  47. fmr-paultard on Fri, 17th Aug 2018 11:34 am 

    aswang words is duterte tired of the killings. once he’s gone the retribution killing will start and muslims/jihad. he’s powerless against china and when he’s gone supertards will be back to own the phils. phils is nasty because no sanitation and clean water. ugg…you get sick of parasites everyday. how can you even be well enough to think like supertards (pbuh)

  48. Davy on Fri, 17th Aug 2018 11:36 am 

    Greggie, neither you are phony Juan have much intellectual ability to post content. That is why you don’t. You would rather people use their imagination that you know what you are talking about. The same is true with your rare topic comments with the usual one liners or two sentences. The reason you and phony Juan troll so much is you are intellectually challenged on many subjects we deal with here. Trolling is fun social media activity per Juan. He has told us he enjoys trolling and doesn’t care about annoying people. The same is true for you Greggie because that is your primary contribution. This is a reason why this forum is being dumbed down. Dumbasses like you and phony Juan destroying intellectual threads with trolling.

  49. JuanP on Fri, 17th Aug 2018 11:38 am 

    Fmr “juantard just because you said you love humanity doesn’t make you decent. aswang too is nasty.”

    I have never said I love humanity on this forum. I did love humanity when I was younger but I stopped doing so long before I started posting comments here. I have said many times here that I am an admitted misanthrope, not that that makes me indecent. LOL! Now, you are graduating from being stupid, ignorant, incoherent, and incomprehensible to being a liar, too!

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