Post
Topic
Board Economics
Re: Russia introduces its own SWIFT payment system
by
rio3232
on 18/08/2015, 17:31:51 UTC
before it ends US.

I don't know how the US dollar can be destroyed, unless there is some other currency to base their value on. This is probably why the markets are playing havoc with gold. To keep it from replacing the dollar as standard.

Craig Roberts said something interesting in one of his posts. He said something to the effect that Washington outsmarted Russia, and kept the dollar intact by telling Germany and Japan to start to print their own money. I don't know that much about economics, so my interpretation might be wrong.

As for any poster who thinks that Russia's credit card will not be respected, failed to notice it will be combined with Japan's.