Because of Joe Biden’s War On Fossil Fuels Russia’s oil and gas revenue bulged to nearly $28 billion in April alone thanks to high energy prices – May 19, 2022,
Most people don’t like talking about politics, it’s one of the reasons as an example Libertarians target the Central Bank instead of Democracy. I like to point out that there’s a DEMAND for a central bank, I argue the majority of the people want to have their cake and eat it too, and the central bank was sold to us all as means to make that dream a reality.
How can I make such a ridiculous claim? Because the central bank narrative that this all revolves around the central bank hasn’t worked, and it shouldn’t work because deep down, we all know this is the fault of Democracy. But ofcourse nobody wants to bash Democracy? We all know what happened to Socrates when he QUESTIONED Democracy, the knowledge Socrates was trying to share was completely ignored, and instead, the people who finally felt like they were part of the society voted to have Socrates killed.
Now, if I were a public figure, would I want to go to war with Democracy? Absolutely not, well, what I would say is that I’d reserve those thoughts for my PAYING members, as opposed to random people who learned about me for FREE. Most humans do NOT attribute the success of the private sector to Profit-Driven individuals, instead, most people consider the private sector a function of government, this is why as an example millions of people DO NOT blame Joe Biden for consumer price inflation when clearly, consumer price inflation has everything to do with Joe Biden’s war on fossil fuels and the price of Oil being priced in U.S dollars.
It’s getting increasingly more difficult for writers of content who want to see a Democrat lead the story, and prop up Joe Biden’s government. In the article I point to below, the writer attempts to create a narrative that shows that Joe Biden and his administration have things under control. The article below focuses on The U.S Department of the Treasury’s Office of Foreign Assets Control (OFAC) issuing Russia-related General License 9A, General License 10A, General License 13, and General License 14 expiring Wednesday, May 25, 2022?
The U.S. Office of Foreign Assets Control (OFAC) issued a license on March 2 allowing for transactions between U.S. persons and Russia’s finance ministry, central bank or national wealth fund in relation to debt payments.
Explainer-Washington Holds Key to Russia’s Sovereign Default | reuters.com
If people forget, in prior months the media tried to make it seem like taking Russia off the Society for Worldwide Interbank Financial Telecommunications (SWIFT) system would stop Russia? But again, it’s not about the MONEY, it’s about what money can buy and the bottom line is that the United States has weaponized the U.S dollar while at the same time making itself RELIANT on other nations to sustain itself.
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If the world had an ALTERNATIVE for Oil and gas, and the U.S had the world’s reserve currency, Putin could not finance it’s war. But Joe Biden for POLITICAL points declared war on fossil fuels and he can’t turn back now in fears that he’ll lose a chunk of his supporters who imagine there is a viable alternative for oil and gas.
So for the time being, here we are stuck with this dog and pony show. The truth of the matter is that even if Russia defaults on its debt obligations, EVERYONE will know why. Every time Russia makes a U.S dollar payment, it’s a sign that the EURO-Dollar is indeed a real thing. There are more Euro-dollars in circulation than there are dollars in America.
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This should be obvious because regardless of the U.S economy, the U.S dollar in comparison to other currencies strengthens. The cost of living in most countries if you use the U.S dollar is still quite low. I know quite a few people who pay under $200USD per month to rent a two-bedroom apartment with electricity, water, and sometimes even gas(to power their stove and other appliances).
Now, you could never get this deal in the United States, because the cost of government is way to high, but this is why as an example Russians can find a way to pay their loans IF they can access U.S dollars. Everything is priced in U.S dollars and as the Joe Biden goes to war with Fossil Fuels, this gives Putin the ability to make billions of dollars, while his DOMESTIC costs even to pay his soldiers remains relatively low in Russian Roubles.
Now, you can blame the central bank for not raising interest rates, but I’ve listened to a lot of people Democrats and Republicans, Conservatives and Liberals who are united when they demand that interest rates move up slowly, so that they and the U.S Federal government can service their debt payments. That my dear reader is DEMOCRACY at work and it’s the real reason Russia’s oil and gas revenue bulged to nearly $28 billion in April 2022 ALONE! Now think for a moment Russia’s cost of living was much lower than the U.S and the U.S dollar could buy a lot more in Russia than can buy in the U.S? How rich is Putin getting because of Joe Biden’s war on fossil fuels?
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Interesting times ahead!