Russians know that the dollar is both America's weapon and vulnerability

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Published : April 23rd, 2017
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Category : Opinions and Analysis

From TASS, Moscow
Friday, April 21, 2017

YALTA, Crimea, Russia -- The only way to stop the United States' aggression is to get rid of dollar addiction, a Kremlin advisor said on Friday.

"The more aggressive the Americans are the sooner they will see the final collapse of the dollar as the only way for the victims of American aggression to stop this aggression is to get rid of the dollar. As soon as we and China are through with the dollar, it will be the end of the United States' military might," Sergey Glazyev said in an interview with TASS.

Commenting on the policy of the new U.S. president, Glazyev noted that Donald Trump is doing what the ruling elite expects him to do.

"I had no illusions about him, that he will change the policy. First, America's aggressiveness in the world is rooted in the aspiration to preserve America’s hegemony in a situation when they have already ceded leadership in the economy to China," he said.

"The United States has no tools to make all others use the dollar other than a truncheon. That is why they are indulging in a hybrid war with the entire world to shift the burden on their debts onto other countries, to confine all to the dollar and weaken territories they cannot control." ...

... For the remainder of the report:

http://tass.com/politics/942643

 

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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