The Dollar as Toilet Papers

This article should be mandatory for central bankers: by Matthias Chang - Global Research, December 17, 2008

It Is So Stupid To Borrow US Dollar “Toilet Papers” For Trade Finance.

There Can Be Only A Credit Crunch For Dollars If You Are Stupid Enough To Want To Be Paid And To Pay In Dollars.

Otherwise, There Is Only An Illusion Of A Global Credit Crunch. This Is The Global Con Game By Bernanke, Paulson.

It may have made some sense, post-World War II to dollarise international trade when the so-called “Free World” was supposedly threatened by the “Communist Bloc” and the Imperial United States was offering “protection” in exchange for financial dominance.

The imperial design for financial dominance was the Bretton Woods dollar reserve currency scheme.

Since those days, the US has been abusing its financial power by the use of its greatest invention, the “toilet paper printing press” (now, the modern “electronic printing press”) to issue irredeemable fiat money.

Now the world is flooded with trillions of this toilet paper, namely US dollars.

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