Tuesday, August 12, 2014

US Sanctions on Russia May Sink the Dollar: Ron Paul

 

The US government's decision to apply more sanctions on Russia is a grave mistake and will only escalate an already tense situation, ultimately harming the US economy itself. While the effect of sanctions on the dollar may not be appreciated in the short term, in the long run these sanctions are just another step toward the dollar's eventual demise as the world's reserve currency.

More @ Townhall

7 comments:

  1. Sinking the dollar is just what Obama wants. Can't usher in the grand new socialist utopia until this evil capitalist system is brought down. Why the lame streams won't see that is disturbing.
    C.J.

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    1. The irony being that in order to "collapse capitalism" they have to first make it almost entirely socialist; then use the failure of socialism to promote more socialism...

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  2. One question is are Putin and Chicoms in on the Game, or do they truly want to compete with the NWO/Globalists?

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    1. I imagine they would like to come king of the world and Russia believes it can win a nuclear war.

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  3. Still haunted by what Obama said to Medvedev on that hot mike about having "more flexibility" after the election and then Dimitry saying would let Vlad know. [

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