As it already has been announced, on March 26th China started issuing an oil-futures contracts denominated in Chinese yuan rather than U.S. dollars. What does that really means?
The first effects of China oil futures should be:
- Bolstering Chinese Economy
- Break the global dominance of the US dollar
- Drive up U.S. inflation
Mamdouh G. Salameh, international oil market expert economist, explains what will be the significance for global markets, how will this challenge the petro-dollar and how soon will the prices of China's oil futures stabilize… It may take some time, but it has started, and the “Empire” is aware of the danger — POTUS responded with trade war in an attempt to negotiate. China retaliated almost immediately.
Duration: 1:55
Remember: Whenever corporate media attempts to draw your attention with an “exclusive Stormy Daniels story”, or “Russian Hackers story”, they are trying to divert you from the real stories — The demise of dollar. The great robbery in favour of 1%. The preparations for war…
