OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» Gab’s Torba Looking Into ‘Buying Our Own Bank’ After 4th Bank Ban In 4 Weeks
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 6:38 pm by PurpleSkyz

» Bad-clown Rising - Spider Bytes
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 6:34 pm by PurpleSkyz

» If You Want to Understand Why 5000 National Guardsmen Are Still in DC, Read the Indictment of Oath Keepers Involved in the Capitol Riot
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 5:20 pm by PurpleSkyz

» UFO News ~ UFO Sighting in Bogota, Colombia plus MORE
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 2:55 pm by PurpleSkyz

» A Solar Wind Stream is Heading for Earth - Geomagnetic Storm Watch - March 6, 2021
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 2:43 pm by PurpleSkyz

» Best of TS Caladan Video
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 12:04 pm by PurpleSkyz

» New warp drive patent has emerged online
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 11:57 am by PurpleSkyz

» Why Were Emergency Vehicles At The US Capitol Building Feb 2, 2021?
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 11:52 am by PurpleSkyz

» COVID Vaccine Injury Reports Grow in Number, But Trends Remain Consistent
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 11:39 am by PurpleSkyz

» Clinton Aide Doug Band Flips, Implicates Boss in Pedophile Ring Probe
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 11:34 am by PurpleSkyz

» Joe’s Long Decline
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 11:27 am by PurpleSkyz

» President Trump the Pathfinder
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 11:24 am by PurpleSkyz

» Hundreds of Florida Residents Report Side Effects Following Wuhan Coronavirus Vaccination
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 11:12 am by PurpleSkyz

» Strange anomalies sticking out of Antarctica's ice sheet
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 11:07 am by PurpleSkyz

» Physicists Just Found 4 New Subatomic Particles That May Test The Laws of Nature
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyToday at 11:03 am by PurpleSkyz

» 'Space hurricane' observed over the North Pole
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyYesterday at 4:30 pm by PurpleSkyz

» 'Extinct' bird rediscovered after 170 years
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyYesterday at 4:25 pm by PurpleSkyz

» Mystery object filmed in the skies over Wichita
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyYesterday at 4:22 pm by PurpleSkyz

» Cannabis Poutine Fries
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyYesterday at 2:33 pm by PurpleSkyz

» Highest frequencies of Rh negatives:
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyYesterday at 2:32 pm by PurpleSkyz

» Judge Orders Election Do-Over as Voter Fraud Proved for 78% of Mail-In Ballots
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyYesterday at 2:30 pm by PurpleSkyz

» Sean Stone Goes Full Woo with John Lamb Lash on the Archon Empire
Russia Leaving Global Banking System: Dumping US Dollar for Gold EmptyYesterday at 2:29 pm by PurpleSkyz




You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » Russia Leaving Global Banking System: Dumping US Dollar for Gold

Russia Leaving Global Banking System: Dumping US Dollar for Gold

Go down  Message [Page 1 of 1]

PurpleSkyz

PurpleSkyz
Admin

Russia Leaving Global Banking System: Dumping US Dollar for Gold

Posted by Lou on April 26, 2017


“It seems that only all out war will ever settle these power plays for the dominance or death of the U.S. petrodollar, which is ultimately controlled by the same few hands that steer and control the central banks of nearly all the world’s nations,” wrote Mac Slavo.
President Vladimir Putin  has proposed to withdraw the Russian state from the international banking system
Source: Russia Leaving Global Banking System: Dumping US Dollar for Gold
anonhq.com
By Anon.Dos
April 24, 2017
Russia Leaving Global Banking System: Dumping US Dollar for Gold Dgrapqs-696x464
Russia is one of the more powerful nations in the world.  With the power, however, comes enemies. One of its enemies has a slight financial hold over Russia, and that power comes in the form of Dollars. The relationship between the east and west is now at a stalemate; Moscow’s reaction to western encroachment and accusations comes from President Vladimir Putin, who has proposed to withdraw the Russian state from the international banking system, moving towards a more traditional gold-based system.
Russia isn’t alone in this. BRICS nations such as Brazil, India, China, and South Africa are all planning their exit from the international banking mafia for more financial independence.
Russia Leaving Global Banking System: Dumping US Dollar for Gold 558px-moscow2c_neglinnaya_122c_central_bank Image Source: Google Image – Bank of Russia headquarters in Moscow.
However, for President Putin, the threat came in the form of the Worldwide Interbank Financial Telecommunication system, or the SWIFT system, which allows easy transfer of money internationally, such as via American express. The problem, however, is the international banks are threatening to bar Russian access from this system if they leave the ‘big club.’
Many economists have informed the world leaders of the consequences facing them if they remove Russia from the SWIFT system. Ewald Nowotny, an economist and a policy maker for the European Central Bank highlighted how if Russia is removed from the SWIFT system international companies conducting business in Russia will be the first to suffer.
Russia Leaving Global Banking System: Dumping US Dollar for Gold 800px-marriner_s-_eccles_federal_reserve_board_building Image Source: Google Image – The Eccles Building in Washington, D.C., which serves as the Federal Reserve System’s headquarters.
However, according to Elvira Nabiullina, a Russian economist and former economic advisor to President Putin and the head of the Central Bank of Russia, if Russia is removed from the Worldwide Interbank Financial Telecommunications then Russia’s banks won’t collapse. She explained how they have devised a new system that will continue operations in the SWIFT format and will work as an alternative for the country.
According to a report published last year, more than three hundred banks in Russia have adopted the SWIFT alternative – the System for Transfer of Financial Messages, or SPFS as the Russians call it.
Russia Leaving Global Banking System: Dumping US Dollar for Gold 741px-world_bank_building_at_washington Image Source: Google Image – The World Bank Group headquarters building in Washington, D.C.
Furthermore, to enhance the SPFS system, Russia’s Central Bank’s first international branch in Beijing was opened, and the Chinese opened a financial institution in Russia to strengthen the financial relationship between the two nations and the beginnings of the ‘de-dollarization’.
As for the Federal Reserve and other international financial institutions that trade in non-physical currency and futures, and all other riskier practices; are now buying bulk quantities of physical gold – leaving their old practices behind.
Russia Leaving Global Banking System: Dumping US Dollar for Gold Former_dalian_branch_of_the_bank_of_china Image Source: Google Image – Daqing Bank’s Dalian Branch (1910), now Dalian branch of China CITIC Bank
According to Mac Slavo who writes for SHTFplan, the NGOs ran by Soros have been questioned and kicked out, along with Rothschild establishments.
“It seems that only all out war will ever settle these power plays for the dominance or death of the U.S. petrodollar, which is ultimately controlled by the same few hands that steer and control the central banks of nearly all the world’s nations,” wrote Mac Slavo. “Only by stealth and monotony have these activities remained in the shadows.”
Source: The Free Thought Project, China Daily, RT


Thanks to Lou at: https://talesfromtheloublog.wordpress.com



  

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum