If you thought inflation was bad now, just wait until another global currency is adopted.

https://www.naturalnews.com/2023-01-30-shift-away-from-u-s-petrodollar-in-global-south-continues.html

#dollarcollapse #petroyuan

"...dusk for the #petrodollar... and dawn for the #petroyuan."

https://www.zerohedge.com/energy/poszar-was-right-saudis-admit-non-dollar-oil-trade-plans-davos

#China just announced another increase in their gold reserves, this is a signal that they may be planning something big. China's hoarding of gold is not just simple de-dollarization, it wants to create its own reserve currency, the #PetroYuan which will be linked to gold, rather than stock market bubbles like the #US dollar.

"The rise of the petroyuan should be an incentive for both the US and Europe to move away from fossil fuels as quickly as they can." --Rana Foroohar

Yes, yes it should. https://www.ft.com/content/d34dfd79-113c-4ac7-814b-a41086c922fa #petroyuan

"The rise of the #petroyuan should be an incentive for both the US and Europe to move away from #fossilfuels as quickly as they can." https://www.ft.com/content/d34dfd79-113c-4ac7-814b-a41086c922fa #energy #decarbonization

Spot the difference ... #PetroYuan is coming.

China Just Paved The Way For The #PetroYuan!
US Is In Trouble

#China just sealed a 27-year #LNG deal with #Qatar and this goes beyond energy security. Need to understand the bigger agenda behind this long-term deal. China is setting the stage in the Middle East for a showdown with the #US dollar. The puzzle pieces are starting to fit and the more energy deals China signs with Middle Eastern countries including Saudi Arabia, the closer it is to challenge the dollar as a reserve currency.

#SaudiArabia, #China initiating plan to create #petroyuan

https://www.naturalnews.com/2022-03-22-saudi-arabia-china-initiating-plan-create-petroyuan.html