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Friday, March 24, 2023

A Russian diplomat called the dollar a “trustworthy piece of paper”<p>Many countries around the world have already lost faith in the dollar as a reliable means of payment and reserve currency. At the same time, the trend of de-dollarization of the world economy has turned positive, says Alexei Drobinin, director of the Russian Foreign Ministry’s foreign policy planning department.</p>”Let’s be frank: the dollar is nothing more than a ‘trust paper’, and the American government will never pay off this country’s spiraling public debt,” Drobinin said in an interview with the journal RISS Problems of National Strategy.<p>The specialist added that EU countries had also previously experienced problems due to the export of US inflation, anti-Russian sanctions and other factors. He noted that the average inflation in the region was 11%.</p>

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