Daily Stormer The Most Censored Publication in History
Ghana is moving towards #Gold standard to de-dollarise its economy
Ghana will purchase #oil with Gold
Ghana’s government has decided to take step against prevalence of USdollars. It is taking inspiration from Zimbabwe’s experience and dedollarising its #economy#Africa
l— Kanmui (@wbstone10) November 27, 2022
Zimbabwe’s government implemented policy which was targeted to curb dominance of USdollars. It is pegging its #currency to gold. As #gold is widely believed to be an #inflation hedge,plan is to reduce reliance on dollars for imports#Africa #trade https://t.co/uljq2H0TBK
— Kanmui (@wbstone10) November 27, 2022
The notion of using #gold to counter influence of USdollars in global #financial market was first proposed by former leader of #Libya, Gaddafi in 2009,who was then President of #African Union,told African countries they must switch to more reliable #currency i.e. Gold#Africa
— Kanmui (@wbstone10) November 27, 2022
The former leader of Libya Gaddafi
stated plan was to get rid of US influence in global #oil transactions by using #gold…which would have liberated #African economies from interference of West’s #economic structure which is based on exploitation and unfair norms#Africa— Kanmui (@wbstone10) November 27, 2022
The people running the US government are like children.
It’s frustrating to see people on the right assume that because they have an evil agenda, they must be competent. That’s not at all true.
A lot of boomers and others are just now finding out about this agenda they have, so they think “oh well, I didn’t know about this before, so these people must be very smart to have hidden it from me.” In reality, it wasn’t ever hidden. We’ve done book lists about this that go back over 100 years, with very powerful people writing about this global agenda. It’s very simple: the people who planned it were smart, the people running it now are not.
RT:
Ghana’s vice president, Mahamudu Bawumia revealed this week that the government wants to pay for oil imports with gold instead of US dollars. He explained the plan as an attempt to protect the country’s dwindling foreign currency reserves.
Official data shows Ghana’s gross international reserves have fallen from $9.7 billion at the end of 2021 to around $6.6 billion at the end of September 2022.
The reserves could reportedly cover just three months of the country’s goods and services imports — half a month short of the government’s target for 2022.
The gold-for-oil policy is expected to be implemented in the first quarter of 2023, to counter inflation caused by the depreciation of the national currency. Bawumia explained that the Ghanaian cedi has lost more than half its value against the dollar so far this year due to strong demand for the greenback from oil importers.
You can say “oh well, Ghana’s just an irrelevant third world country” – yes, the logic of fleeing from the dollar has trickled down to them.
Successful or not, good idea or not, what this Ghana #gold for oil shows and confirms is what I have been saying for 4 years is that the World is running, trying to run, avoid US dollar and not just BRICS+ but also some G7 members like EU. https://t.co/NlkHoor4RN
— 🇪🇺 🇲🇨🇨🇭Dan Popescu 🇫🇷🇮🇹🇷🇴 (@PopescuCo) November 27, 2022
What matters is that China, India, and Saudi Arabia are now moving away from dollar trade, and they are encouraging smaller nations to do the same. That comes after Russia, the biggest commodities market in the world, was inexplicably cut off on purpose.
Here’s the deal: the entire US economy is built on the dollar being the international reserve currency. You might look around and wonder how it is possible that America has all this money when they do not make anything other than Marvel movies and porno. Well, the reason is that they use the dollar system to effectively tax all international commerce. If that stops, the US economy stops, and we’ll be dealing with the reality of how the US is managed: worse than any third world shithole.
Frankly, I support the collapse of the US empire. Most of the immigrants will just leave when it happens. There won’t be money for the child sex agenda, and people living on the edge don’t support feminism. It will all work out. No one is likely to starve, and the Mad Max stuff should be minimal.
