Washington’s weaponization of the dollar makes the world abandon the dollar: The Federal Reserve’s higher interest rates after 12 years of zero interest rates are devaluing the asset side of banks’ balance sheets. Dollar System Breaking Up: This frightens depositors and they withdraw their deposits. Depositors also are withdrawing their money because they can get much higher interest rates on …
Read More »International Dollar System Breaking Up: Federal Reserve’s higher interest rates are devaluing the asset side balance sheets
