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It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'

 
Wisteria
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08/26/2018 11:50 PM

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It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
Russia will definitely respond to Washington’s latest sanctions and, in particular, it is accelerating efforts to abandon the American currency in trade transactions, said Deputy Foreign Minister Sergei Ryabkov.

“The time has come when we need to go from words to actions, and get rid of the dollar as a means of mutual settlements, and look for other alternatives,” he said in an interview with International Affairs magazine.

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Anonymous Coward
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08/26/2018 11:57 PM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
Bad things happen to dollar snubbers and gold backers.

We have to protect the status quo.
Anonymous Coward
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08/27/2018 12:25 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
I am convinced the price of dollar is manipulated by USA. Because USA's share of world trade (including trade in equities and bonds) has diminished since the 1960s, but the dollar has not diminished accordingly. Something is propping the dollar up.
Sterling Malory Archer

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08/27/2018 12:35 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
irrelevant.

a petro-currency / reserve-currency has been obsolete for several years now.

the FRN doesn't need to be a reserve currency to maintain it's strength.
SarahC

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08/27/2018 12:39 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
WestFjord...... isn't that because everyone needs to buy dollars to trade in oil?
IAMAI

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08/27/2018 12:39 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
The DOOM delivers.
wmMmw
Anonymous Coward
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08/27/2018 12:41 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
Roubles?

Rubles?

Yuan? Yoohuan?

Peso?

lmao

Good luck with that!







1rof1
Garufal

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08/27/2018 12:42 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
WestFjord...... isn't that because everyone needs to buy dollars to trade in oil?
 Quoting: SarahC


hesright
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Anonymous Coward
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08/27/2018 12:45 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
WestFjord...... isn't that because everyone needs to buy dollars to trade in oil?
 Quoting: SarahC



Not anymore. China and Russia have already started to trade oil in yuan. And more countries will follow. But the dollar has strengthened.

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Enigmatta

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08/27/2018 12:45 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
I am convinced the price of dollar is manipulated by USA. Because USA's share of world trade (including trade in equities and bonds) has diminished since the 1960s, but the dollar has not diminished accordingly. Something is propping the dollar up.
 Quoting: WestFjord


I too am convinced. However, it is not the USA but those who hold its money and leech off it - they're not exactly American.
The ones who were dancing were thought to be crazy by those who didn't hear the music.
Anonymous Coward
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08/27/2018 01:18 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
LOL he already has...we call it sanctions
Anonymous Coward
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08/27/2018 01:22 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
Russia will definitely respond to Washington’s latest sanctions and, in particular, it is accelerating efforts to abandon the American currency in trade transactions, said Deputy Foreign Minister Sergei Ryabkov.

“The time has come when we need to go from words to actions, and get rid of the dollar as a means of mutual settlements, and look for other alternatives,” he said in an interview with International Affairs magazine.

[link to www.rt.com (secure)]
 Quoting: Wisteria


looks like the ruskies are up to no good
Anonymous Coward
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08/27/2018 01:25 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
I am convinced the price of dollar is manipulated by USA. Because USA's share of world trade (including trade in equities and bonds) has diminished since the 1960s, but the dollar has not diminished accordingly. Something is propping the dollar up.
 Quoting: WestFjord


I too am convinced. However, it is not the USA but those who hold its money and leech off it - they're not exactly American.
 Quoting: Enigmatta


taking on the soviets again YEWAAAASSAAAAA!!!!!!!
Slartybartfast

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08/27/2018 01:29 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
Yes, they tried this before. But this time they may actually have the gold (that's G-O-L-D for the cryptos) to back it up. The real question is will the EU, India, Canada, GB, & Australia go for it. China's economy is just not that big, and Russia's is even smaller. South Africa is out of the game already, but that's another story.. one of lying and violence.
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Mr. Bisby

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08/27/2018 01:44 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
Let’s hope this is more than the usual Russian sabre rattling.
UseLessRepEATER

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08/27/2018 01:53 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
Roubles?

Rubles?

Yuan? Yoohuan?

Peso?

lmao

Good luck with that!







1rof1
 Quoting: BigBlock


Are you celebrating the USD? It's backed by what again?
Is the US stacking gold reserves as are Russia and China? Negative, the US CORPORATION has been bankrupt since 1933, look it up. Even after the US Corp. confiscated the people's gold in '33, what makes you think it is still held in Fort Knox? Many allege, there isn't more than a drum full of old coins, not the alleged 8 million tons....go ahead and stack US MONOPOLY PAPER FIAT....
Real Eyes, Realize, Real Lies.....


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Q33

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08/27/2018 01:56 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'


Last Edited by Coupes on 09/16/2018 07:53 AM
mondali2

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08/27/2018 01:57 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
All part of a plan by US, Russia and china to shut down the fed, world bank, etc. Trust the plan

Last Edited by mondali2 on 08/27/2018 01:57 AM
mondali2
UncleHughHefner

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08/27/2018 02:15 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
bsflag

TRUMP TRUMP TRUMP
MAGA
MAGA
MAGA

The savior shall not let AMERIKA fail!
guests

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08/27/2018 02:56 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
god u ppl are idiots have u not heard of the BRICS currency that is gold backed they are working on ffs
guests
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08/27/2018 02:59 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
I am convinced the price of dollar is manipulated by USA. Because USA's share of world trade (including trade in equities and bonds) has diminished since the 1960s, but the dollar has not diminished accordingly. Something is propping the dollar up.
 Quoting: WestFjord


Its called oil and every country on this earth must have greenbacks to purchase oil from OPEC.
Anonymer Feigling

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08/27/2018 03:09 AM

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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
Yes, they tried this before. But this time they may actually have the gold (that's G-O-L-D for the cryptos) to back it up. The real question is will the EU, India, Canada, GB, & Australia go for it. China's economy is just not that big, and Russia's is even smaller. South Africa is out of the game already, but that's another story.. one of lying and violence.
 Quoting: Slartybartfast


The EU will shurely go for it. In fact there already have been talks.
On top of that calls in the EU getting bigger to make their own payment systems to drop the dollar.
Emotion beats reason
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2012Portal
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08/27/2018 03:21 AM

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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
Trump wants a weak USD anyway. Russia is actually helping Trump in his aims. The Fed wants a strong dollar with a slightly re-treating stock market. (economic cool down) - hence they are raising interest rates. Trump wants interest rate hikes to stop, to keep the USD weak and the stock market strong.

Pretty interesting!
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The Patriot Mind

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08/27/2018 03:23 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
That's a good thing a big giant wake fucking call to the motherfucking sheep that think fiat currancy is fucking money


DJT better have a secret plan in place to short the fuck out of metals and buy all the United States can at low prices until the excess dollars start getting sucked by home as countries dump,dollar reserves for bullion themselves or other currencies
Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014

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08/27/2018 03:48 AM

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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
That's a good thing a big giant wake fucking call to the motherfucking sheep that think fiat currancy is fucking money


DJT better have a secret plan in place to short the fuck out of metals and buy all the United States can at low prices until the excess dollars start getting sucked by home as countries dump,dollar reserves for bullion themselves or other currencies
 Quoting: The Patriot Mind


Trump has also been rumoured as having a team working on a FedCoin crytocurrencey that would not replace the The Fed's USD on launch, but be an independent, direct token from the United States government itself. (a two-tiered currency for the US) In other words, from the people, for the people.
From the love of power to the power of Love - My camera and video gear:
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Anonymous Coward
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08/27/2018 03:51 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
All part of a plan by US, Russia and china to shut down the fed, world bank, etc. Trust the plan
 Quoting: mondali2


YUP
Mr. Bisby

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08/27/2018 04:51 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
Well...let’s see how tough the talk will be this time. They’ve said it before many times but nothing happens.
NickDick

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08/27/2018 05:10 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
I am convinced the price of dollar is manipulated by USA. Because USA's share of world trade (including trade in equities and bonds) has diminished since the 1960s, but the dollar has not diminished accordingly. Something is propping the dollar up.
 Quoting: WestFjord


ya the military
Anonymous Coward
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08/27/2018 05:21 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
I am convinced the price of dollar is manipulated by USA. Because USA's share of world trade (including trade in equities and bonds) has diminished since the 1960s, but the dollar has not diminished accordingly. Something is propping the dollar up.
 Quoting: WestFjord


Financial monkey-shines.
Tui-Yeah

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08/27/2018 05:28 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
ripple xrp will be next world reserve
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Indiana Jones

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08/27/2018 05:30 AM
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Re: It Begins: Russia Officially Announces 'Time Has Come...To Get Rid of the Dollar'
The US will be totally energy independent in 2019. I am no financial guru, but that will help strengthen the dollar. Stronger dollar, more people want it.
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