Monday, February 21, 2022

Thomas J Penn - The reason the US wants war in Ukraine is ultimately all about the dollar

Why is the US-led West trying to instigate a crisis in Ukraine? Those who understand how Washington derives its real power know why – it’s all about money


As for any nation that wants to break free of the US dollar, we know all too well what the US has in store for them…This is where the Russian Federation comes in. If one really wants to understand why the US establishment hates Russia under Vladimir Putin, all one must do is understand the dollar's role in the world. Russia is a direct threat to the proliferation of the US dollar.

“For its part, the Russian Federation has become quite resilient over the last 20 years and much less susceptible to any outside pressure or influence… Russia is a sovereign nation that is not intimidated by the United States. 

The United States cannot simply launch a military strike against the Russian Federation as it did in Iraq and many other nations that rejected dollar hegemony. Russia now has the power to prevent the proliferation of the US dollar. To return to the sponge analogy: Russia is reducing the size of the sponge. This leaves the US government with a smaller and smaller number of countries to export dollar inflation to. The smaller the sponge becomes, the more desperate US foreign policy becomes, as US leaders try by all means to preserve their grip on world power…”

Any nation that does not abide by Washington’s edicts and refuses to play the dollar game is met with a color revolution, a coup, a false flag or brute military force. Washington knows that if more and more of those dollars held in foreign reserves become superfluous, they will make their way back to the US to compound inflationary pressures there. This is the main reason, for example, why Washington is so vehemently against the Nord Stream 2 gas pipeline: because the Russians and the Germans together will determine the pricing mechanism, not Washington
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Any nation that does not abide by Washington’s edicts and refuses to play the dollar game is met with a color revolution, a coup, a false flag or brute military force. Washington knows that if more and more of those dollars held in foreign reserves become superfluous, they will make their way back to the US to compound inflationary pressures there. This is the main reason, for example, why Washington is so vehemently against the Nord Stream 2 gas pipeline: because the Russians and the Germans together will determine the pricing mechanism, not Washington.
The nations of the world should have the sovereign right to choose which currency they choose to trade in and not be forced, at the barrel of a US gun, to use the US dollar.

This is the real reason Washington is hell-bent on drawing Russian forces into Ukraine. Washington must attempt, by any means possible, to contain Russia and then to try to force her into subjugation, i.e. full and total acceptance of US dollar hegemony upon her. 

But, after decades of abuse, the current dollar-based monetary system is running on fumes. Interest rates have been artificially manipulated to zero, western central banks are monetizing debt via quantitative easing at a shocking pace, and consumer prices are skyrocketing as a function of inflating the monetary base. 

Washington will continue to do anything required to continue the dollar’s supremacy, including using Ukraine and the Ukrainian people as cannon fodder in its efforts to provoke Russia and force dollar hegemony on her. Washington wants to further isolate Russia from the West by painting her as a violent aggressor. I am confident Vladimir Putin will not be lured in.

RT 



2 comments:

Konrad said...

Washington is panicking as its empire dies. The Nord Stream II pipeline was completed last year. Germany, in obedience to Washington, is not yet to using the pipeline, but sooner or later Germany must, as Germany and Europe need cheap Russian gas very badly. When the pipeline starts operating, its gas will not be priced in US dollars. The dollar will become irrelevant in many energy markets, thereby weakening U.S. hegemony even more. In 2019 Russia's largest oil company Rosneft switched the currency of all its contracts from U.S. dollars to euros in order to shield itself from US attacks.

In many ways the pipeline will integrate Russia with Europe, cutting Washington out of the picture. Hence the current hysteria.

Boris Johnson stupidly says that he and Washington will cut Russia out of energy deals priced in US dollars and in pounds sterling. This will further weaken dollars and pounds, as it drives energy customers to use euros and rubles, just as Russia wants.

All of the corporate media outlets (and most of the “antiwar” web sites) are demanding war with Russia because Ukraine or…something. Republicans and Democrats are equally pounding the war drums as the Empire dies. Sean Hannity of Fox News is defending Biden and Democrats, and is calling Putin “Hitler,” claiming that Putin wants to “enslave the world” or…something.

It’s all very pathetic. The West in dying. Face it.

Peter Pan said...

Is there a political party in Germany in favour of better relations with Russia?