De-Dollarization: Fictitious Capital’s Chickens Coming Home to Roost

By the end of the 2nd World War, the dollar became the leading currency of international exchange as well as the reserve currency. But since the early 1970s, Yankees have derived a high profit from this. But now the US debt is 24 trillion dollars, while the Fed is printing non-backed money to save its capitalist economy. It isn’t just China and Russia who are looking for alternatives.

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