{"id":64872,"date":"2023-01-27T09:01:41","date_gmt":"2023-01-27T14:01:41","guid":{"rendered":"https:\/\/olduvai.ca\/?p=64872"},"modified":"2023-01-27T09:01:41","modified_gmt":"2023-01-27T14:01:41","slug":"a-dollar-collapse-is-now-in-motion-saudi-arabia-signals-the-end-of-petro-status","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=64872","title":{"rendered":"A Dollar Collapse Is Now In Motion \u2013 Saudi Arabia Signals The End Of Petro Status"},"content":{"rendered":"
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A Dollar Collapse Is Now In Motion \u2013 Saudi Arabia Signals The End Of Petro Status<\/a><\/h3>\n<\/header>\n
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The decline of a currency\u2019s world reserve status is often a long process rife with denials. There are numerous economic \u201cexperts\u201d out there that have been dismissing any and all warnings of dollar collapse for years. They just don\u2019t get it, or they don\u2019t want to get it. The idea that the US currency could ever be dethroned as the defacto global trade mechanism is impossible in their minds.<\/p>\n

One of the key pillars keeping the dollar in place as the world reserve is its petro-status, and this factor is often held up as the reason why the Greenback cannot fail. The other argument is that the dollar is backed by the full force of the US military, and the US military is backed by the US Treasury and the Federal Reserve \u2013 In other words, the dollar is backed by\u2026the dollar; it\u2019s a very circular and naive position.<\/p>\n

These sentiments are not only pervasive among mainstream economists, they are also all over the place within the alternative media. I suspect the main hang-up for liberty movement analysts is the notion that the globalist establishment would ever allow the dollar or the US economy to fail. Isn\u2019t the dollar system their \u201cgolden goose\u201d?<\/p>\n

The answer is no, it is NOT their golden goose. The dollar is just another stepping stone towards their goal of a one-world economy and a one-world currency. They have killed the world reserve status of other currencies in the past, why wouldn\u2019t they do the same to the dollar?<\/p>\n

Globalist white papers and essays specifically outline the need for a diminished role for the US currency as well as a decline in the American economy in order to make way for Central Bank Digital Currencies (CBDCs) and a new\u00a0global currency system<\/a> controlled by the IMF…<\/p>\n

\u2026click on the above link to read the rest\u2026<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A Dollar Collapse Is Now In Motion \u2013 Saudi Arabia Signals The End Of Petro Status The decline of a currency\u2019s world reserve status is often a long process rife with denials. There are numerous economic \u201cexperts\u201d out there that have been dismissing any and all warnings of dollar collapse for years. They just don\u2019t […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[6703,5993,28642,28643,4801,2070,626,701,827,834,839,5482],"class_list":["post-64872","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-alt-market","tag-brandon-smith","tag-cbdc","tag-central-bank-digital-currency","tag-globalists","tag-monetary-reset","tag-petrodollar","tag-saudi-arabia","tag-united-states","tag-us","tag-us-dollar","tag-world-reserve-currency"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/64872","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=64872"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/64872\/revisions"}],"predecessor-version":[{"id":64873,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/64872\/revisions\/64873"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=64872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=64872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=64872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}