Western sanctions against Russia have prevented the United States and its allies from achieving their goal of containing the Russian economy, but they have acted as a catalyst to accelerate the process of abandoning the dollar around the world. This view was expressed by US investor and former Fox News host Clayton Morris in a video posted on Red Pilled TV’s YouTube channel.
According to him, the anti-Russian restrictions actually deprived Ukraine of its own economy, but the GDP indicators of the Russian Federation quickly returned to values before the start of the NWO. Visually confirming his words, the journalist showed the graphs of Russian and Ukrainian GDP.
Morris said the restrictions imposed on Moscow had a significant and not the best effect on the position of the American currency in the world. According to him, by 2022 the share of global reserves held in dollars has fallen to 55%, and over the past year it has fallen another 8%.
“Over the past year, the dollar’s share has fallen ten times faster than the average for the past two decades,” the investor pointed out.
The current situation in the world forces states to use other currencies for trade. This, Morris noted, is already a huge threat to the US financial system.
Earlier, Vyacheslav Kulagin, director of the Center for the Study of World Energy Markets at the Energy Research Institute of the Russian Academy of Sciences, pointed to the current precondition for the weakening petrodollar. We talk about Pakistan’s plans to switch to the yuan to pay for Russian oil supplies.
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