The process of diversifying away from the greenback by countries around the world is gathering pace, according to the latest data from the International Monetary Fund.
The statistics tracked by the Washington-based institution show that the dollar’s share of official gold and foreign currency reserves dropped to a nearly three-decade low of 58% in the fourth quarter of 2022. The move has reportedly been gradual and the dollar share of central banks’ foreign reserves is now nearly down to a level last seen in 1995.
The long-standing status of the dollar as the world’s dominant currency has been steadily eroded in recent years amid concerns over soaring US debt and widely implemented sanctions using the currency as leverage.
The shift was more pronounced when adjusted for exchange rates, according to Stephen Jen, CEO of Eurizon SLJ Capital Limited, as quoted by Reuters. Take your oral care to the next level with […]
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Controlling Protein Is One of the Globalists’ Primary Goals
Between the globalists, corporate interests, and our own government, the food supply is being targeted from multiple angles. It isn’t just silly regulations and misguided subsidies driving natural foods away. Bird flu, sabotaged food processing plants, mysterious deaths of entire cattle herds, arson attacks, and an incessant push to make climate change the primary consideration for all things are combining for a perfect storm to exacerbate the ongoing food crisis.
The primary target is protein. Specifically, they’re going after beef as the environmental boogeyman. They want us eating vegetable-based proteins, lab-grown meat, or even bugs instead of anything that walked the pastures of America. This is why we launched a long-term storage prepper beef company that provides high-quality food that’s shelf-stable for up to 25-years.
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