Sanctions for Russia Mean Higher Inflation for America – Ep 780
The Peter Schiff Show Podcast
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Oil Prices Hit a New Hie
This is one reason that countries like russia want to wean themselves off of the us Dollar system. They don't want the dollar as to reserve currency. This scares a lot of the world into recognizing that they have intrusted the us with a power that could be misused against them. And i think this type of situation is simply going to hasten the demise of the dollar status as the reserve currency. It would have happened anyway, but stuff like this just accelerates it.
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