🚨 JD VANCE DECLARES THEY’RE ENDING THE DOLLAR AS RESERVE CURRENCY
JD Vance just confirmed it: the dollar’s global status is over because it lets Americans “consume too cheaply.”
This is not a casual statement to be made.
Every crisis was financially engineered to force the new system, just like 1971 when they killed gold convertibility. Even the COVID money printing came when the U.S. Repo market was about to collapse in 2019.
JP Morgan CEO warned that U.S. dollar will no longer be a reserve currency within the next 25 years.
China’s been on a massive gold-buying spree. Every central bank is doing the same. South Korea just started buying gold after 13 years.
Japan is the biggest threat.
BoJ’s Yuto apologized for the measures being prepared. The BoJ and finance minister threatened of bold actions to save the yen.
Then Boom, the US Treasury intervened and effectively took control of BoJ operations to stop Japan dumping its $1.4T in Treasuries, which would collapse the entire US debt market and trigger a global liquidity crisis.
Scott Bessent even warned the Fed: expand the FIMA facility for Japan… or watch the U.S. Treasuries implode.
Central banks, IMF, BIS and the biggest financial institutions engineer the financial crisis to get out of the mess they made.
Fiat Money is next.