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๐ฅใBig NewsใU.S. Treasury Secretary Besant quietly did something huge!๐ฅThe future of cryptocurrency as a reservoir that carries the petrodollar!
First, letโs talk numbersโthis is too intenseโ
In March, the share of SWIFT payments: the U.S. dollar surged from 49.2% to 51.1%, straight past the halfway mark! The euro and the pound both fell, while the renminbi was only 3.1%. After a month of fighting in the Middle East, the Strait of Hormuz was blockedโbuy oil? Then it only can be paid in dollars! Even the UAE, which sells oil, has seen its dollar reserves hit the bottomโฆ The result: the world is forced to go into a frenzy and use the dollar.
Now look at prices: gold crashed from 5200 to 4600, while oil jumped from 70 to 100! A safe haven? There isnโt one. The dollar didnโt soar much, but everyone is still inseparable from itโAmerica used a conflict to accomplish something even peacetime would never dare to imagine.
Itโs not over! Besant personally stepped up and is working on currency swaps with the UAE and Asian allies. In the past, the U.S. didnโt even look at this moveโso what now? Actively โsending dollarsโ to allies, just so they wonโt dump U.S. bonds and trigger an exchange-rate collapse. The benefits are too many:
ยท Allies can get dollars without selling U.S. bonds, stabilizing U.S. bond yields;
ยท Stabilize exchange rates, curb global inflation, and indirectly help the U.S. lower inflation;
ยท Even deeperโfinancial NATO! Bind allies with dollarsโwho would dare challenge?
Besant, Sorosโs star protรฉgรฉ, a ruthless operator with 40 years of hands-on experience. Whatโs his game plan? A weak dollar + a dominant position. First, flood the system and devalue itโbut the whole world has to use it. By leveraging the Middle East crisis, turning crypto-currency swaps into a norm, and building a dollar liquidity network spanning the Middle East + Asia.
One sentence: on the financial battlefield, they already pulled out the ace. We have to keep a close watch!๐งจ$BTC โ$ETH โ