WoT ToT


Words of Truth, Thoughts of Truth


The decline of the dollar.

On Wednesday 11 Elul 5782 Russian President Vladimir Putin addressed the Eastern Economic Forum plenary session and said "Western countries have undermined the pillars of the global economic system, built over centuries. It is in front of our eyes that the dollar, euro and pound sterling have lost trust as currencies suitable for performing transactions, storing reserves and denominating assets. We are taking steps to shed this dependence on unreliable and compromised foreign currencies. By the way, even allies of the United States are gradually reducing their dollar assets, as we can see from statistics. Step by step, the volume of transactions and savings in dollars is diminishing. I want to note here that yesterday, Gazprom and its Chinese partners decided to switch to 50/50 transactions in rubles and yuan with respect to gas payments.".

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The 7 Noahide laws.


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