Instruments of Wrath React to the US Dollar: Russia, China, Hamas and more…

“Then say to them, ‘This is what the LORD Almighty, the God of Israel, says: I will send for my servant Nebuchadnezzar king of Babylon, and I will set his throne over these stones I have buried here; he will spread his royal canopy above them.”

~ Jeremiah 43:10

Written by Bryan Lutz, Editor at Dollarcollapse.com:

It’s ironic. The more men worship money, the more they become slaves of money.

In an even more frightening occurrence, money can become an instrument of wrath against its worshippers.

Let’s take a look at the worship(and abuse) of the US dollar.

In 1971, Nixon took the US dollar off the gold standard releasing it from its restraint of value. No longer could you hold something in your hand, and say, this or that is worth a dollar.

There was no longer anything physical to compare it too.

So, being the currency of the world’s leading economy, it needed to be protected. So the US government went to work…

They made “investment” deals with Saudi Arabia. The US would buy oil in exchange for the Saudi’s commitment to buy US bonds.

They made “protection” deals with Europe in exchange for their use of the US dollar.

And then they let loose the reigns of the USD over and over again by expanding government, inventing new junk bond debt markets in the 80s, and choosing to turn a blind eye to even more junk debt – stacking mortgages that would never get paid.

Meanwhile, Jim Rickards, at the Daily Reckoning was exposing the United States’ Currency War being waged on buyers of US dollars and debt abroad.

Picture it like this:

If you are Germany and you want to buy oil from Saudi Arabia, you have to buy dollars. The thing is…

Every time the US prints more dollars, prices inflate and it costs you more.

This has been going on for decades…

Until a shocking change happened when Russia invaded Ukraine at the start of 2022…

In response, the United States froze $300 Billion Russian assets in international reserves.

That pushed the Currency War to a whole new level, weaponizing the dollar by literally arresting the wealth of a non-compliant nation.

What country would ever want their money arbitrarily seized if they crossed the US?

Well, now the US government is printing dollars at record deficits to fund a real war in Ukraine, bolster Taiwan’s military, and support the Israel-Hamas war…

All while illegal immigrants storm the Southern border.

And there’s no end to dollar printing in sight…

Except for possibly the conclusion of any one of the above conflicts.

Today, Ukraine is especially relevant.

Biden’s Secretary of Defense, Lloyd Austin, is now openly stating war ultimatums to prepare citizens for conflict.

One March 1, 2024, Austin said,

“If Ukraine falls, I really believe that NATO will be in a fight with Russia.”

And NATO’s most influential members are pushing for war with Putin.

War never ends well, or favorably for anyone.

Especially, the citizens who never started it, but end up fighting it.

Maybe the Frend will be next objects of money’s wrath?

Asia Times reports:

Macron pushes war against Russia, EU has no Plan B

“Macron said that “he and the other 21 European leaders present did not agree on deploying military personnel” to Ukraine – but the prospect was discussed openly.

 

“Nothing should be ruled out,” [Macron] said. “We will do anything we can to prevent Russia from winning this war.”

War may be coming, and so far, the dollar has been the instrument of wrath directed by US politicians towards challengers of the status quo.

Like Russia, China, and anyone in the Middle East who refused to supply oil.

But soon, the tables may turn.

As the deficits grow, the lenders will call upon the borrower.

And soon that borrower will be the United States Federal government.

What happens next is the frightening execution of wrath…