Re: Jim Rogers: US Dollar Will Lose Currency Reserve Status
in response to
by
posted on
Sep 20, 2017 05:01AM
SideNote: The USA has always been the major road block to the communist plan of a world controlled by the elite. So they had to devise a plan to slowly distroy the USA industrial financial system. The 'Old World Order' collapse is at our door step. GRIM
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September 20, 2017
Russian President Vladimir Putin has banned trading in US dollars at all Russian seaports as part of an effort to completely eradicate the dollar in Russia.
As of 2018, the ruble will become the main currency of exchange at all Russian seaports, according to the Kremlin.
Rt.com reports: According to the head of Russian antitrust watchdog FAS Igor Artemyev, many services in Russian seaports are still priced in US dollars, even though such ports are state-owned.
The proposal to switch port tariffs to rubles was first proposed by the president a year and a half ago. The idea was not embraced by large transport companies, which would like to keep revenues in dollars and other foreign currencies because of fluctuations in the ruble.
Artemyev said the decision will force foreigners to buy Russian currency, which is good for the ruble.