Examples of using Dollar system in English and their translations into Serbian
{-}
-
Colloquial
-
Ecclesiastic
-
Computer
-
Latin
-
Cyrillic
The world has an unease about the dollar system….
The dollar system is irreplaceable in the short term.
Oil remains the foundation of the dollar system.
In the event the dollar system should collapse, gold will definitely retain its value.
Domestically, severe measures are likely to be imposed after the dollar system collapses.
The masters of the Fed will need the current dollar system until the rest of the world falls under their control.
Russia and China are too strong to be dominated, and, thus,are throwing off the dollar system.".
What is known as“dollar system” has been just an instrument of feudal financial centers to loot the economy of the world.
Regard the Chinese project as preliminary to a collapse in the debt-based US Dollar system.
This perverse dollar system allowed Washington to finance its wars in faraway places like Afghanistan or Iraq with other peoples' money.
It is well known that whoever tried, until now, to create an alternative to the dollar system, met a ferocious reaction.
According to him, Moscow is again convinced that the dollar system has completely discredited itself; the confidence in the dollar is falling very sharply.
As well Glazyev proposed that the Ruble build up its strength as an alternative to the de facto bankrupt dollar system by buying gold as currency backing.
Is China ready to challenge that dollar system with much of its high-tech production still dependent on US chips and processors and other sophisticated technologies?
A huge amount of economic transactions would simply exit the dollar system, reducing its scope and importance.
In this context, the author proposes to create“a globally competitive andgold-backed new currency that is strong enough to overturn the dollar system.”.
Were the EU to make such a move it would rock the foundations of the dollar system and with it, the US power projection.
They are forging the skeleton of a new international economic order that has the potential to transform the world from the present bankruptcy of the Dollar System.”.
It is about building a crucial element of national sovereignty because the dollar system today is being used to ravage the economic sovereignty of the rest of the world.
If China and Russia want to be sovereign countries,they must pray that Mnuchin does cut them off from the dollar system that exploits them.
Now that the Russian government understands that Russia must depart the dollar system in order to protect Russian sovereignty, President Putin has entered into barter/ruble oil deals with China and Iran.
Most importantly, it would finally dawn on the Chinese andRussian governments that being a part of the dollar system is a massive liability with no benefits.
My colleague did not agree with the statement that the dollar system has exhausted its potential, but argued that with the help of financial and bank instruments the illusion of wellbeing could be maintained indefinitely.
In fact, the oil weapon is accelerating recent Russian moves to focus its economic power on national interests andlessen dependence on the dollar system.
US political scientists even have a special term to describe the use of the dollar system as a tool for strong-arming other countries-“the weaponization of the dollar”.
Western sanctions or threats of sanctions are forcing Russia andChina to cooperate more strategically on what is becoming the seed of a genuine alternative to the dollar system.
China and Russia are disassociating from the dollar system, because Washington, in its abuse of the world currency role, uses the dollar payments mechanism to impose sanctions on other countries and to threaten them with exclusion from the payments clearing system. .
Whether it will suffice to break the economic siege of Washington andopen the way for a genuine global economic alternative to the bankrupt US Dollar System is not yet clear.
Asian secret society sources are also saying that since the Western powers refuse to hand over control of the US Dollar system, they now expect it to be gradually replaced by a system involving“four or five” key currencies.”.
What is now looming over not just the US economy butalso the global financial system is a crisis that could spell the end of the post-1944 dollar system….