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India Buying Russian Oil in Other Currencies is Eroding Dollar Dominance

March 9, 2023 10:29 amMarch 8, 2023 9:16 pm

by Chris Black The dollar system is the absolute backbone of US hegemony. The thread of the sweater is already being pulled. There is no American empire without the US dollar as reserve currency. No one could have predicted this. …

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$1 = 5 Cents: The Effect of Fourteen Decades of Dollar-Eroding Price Inflation

March 13, 2019 4:24 pm

via advisorperspectives: The Consumer Price Index for Urban Consumers (CPI-U) released this morning puts the year-over-year inflation rate at 1.52%. It is substantially below the 3.76% average since the end of the Second World War and above its 10-year moving average, …

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