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Saturday, April 27, 2024
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WorldAsiaThe United States will no longer be able to print dollars indefinitely due to the situation with Russia

The United States will no longer be able to print dollars indefinitely due to the situation with Russia

– Published on:

Interesting

Anti-Russian sanctions led many countries to abandon the dollar. He is the poet who lost the ability of the United States to show its strength on the international stage. This was reported by New York Post columnist Jay Newman.

“The rejection of the dollar will deal a mighty blow to America’s standing on the international stage. The era of unlimited dollar printing may be coming to an end, and with it, our ability to buy foreign goods cheaply will be a thing of the past,” Newman said.

More than a hundred states did not support Western sanctions against Russia, because of this, economic coalitions appeared that abandoned the dollar and switched to currencies that suited them better. The journalist specified that the absence of an alternative to the dollar, of which Western analysts were speaking, turned out to be illusory. Write about it RIA Novosti.

The dollar drops, with it, America loses its weight on the international scene, everything is going to the point that the country risks finding itself in a “debt hole”.

Earlier it became known that the United States asked China to negotiate with the Ukrainian president so that Beijing would hear Kiev’s opinion on the situation around Ukraine. Jake Sullivan, Assistant to the President of the United States for National Security Affairs, spoke about it.


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