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U.S. Declares (Currency) War On Russia

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U.S. economic terrorism (i.e. the One Bank’s economic terrorism) has hit a new extreme this week. This crime syndicate has launched what can be termed nothing less than an all-out effort to destroy the economy of Russia.

Its modus operandi is, once again, currency manipulation. What is the quickest/easiest way to destroy an economy? Drive the value of its currency as close to zero as possible. The effect of such a manipulated “devaluation” is a massive explosion in inflation. And the effect of that is to make all Russians much poorer.

The economic destruction caused by this economic terrorism affects Russians, and the Russian economy on a percentage-for-percentage basis. Each percentage lower that the banksters drive the ruble with their criminal manipulation makes Russians, and the Russian economy 1% poorer.

There are numerous aspects to this criminality which clearly merit categorizing this assault as a “new extreme”. To begin with; there is both the magnitude and the sheer brazenness of this attack on the ruble. The latest plunge in the ruble’s value came with Russia’s benchmark interest rate already at 10.5%. Here a comparison will be highly illustrative of the degree of criminality at work here.

The United States has a bankrupt economy. It is mired in a permanent, worsening Greater Depression. Its own currency, the mighty dollar is fundamentally worthless, based on three different, objective metrics. Yet despite the U.S.’s interest rate being permanently frozen at 0% (because the U.S. can’t afford to pay legitimate interest on its debts); the U.S. dollar is once again at the top of the totem-pole amongst the world’s currencies.

For those readers who don’t understand the relationship between interest rates and the value of a nation’s currency; it is a simple equation. We live in a global economy filled with an ocean of “liquidity”, almost all of it the paper wealth of the world’s oligarchs.

Very little of this “money” is ever productively invested; thus the oligarchs are permanently on the hunt for the best place to park this paper wealth. The higher the interest rate of any particular nation, the more interest the oligarchs can collect by converting their wealth into that nation’s currency. As (the equivalent of) trillions of dollars of this currency is bought-up on global markets, this forces the value of that currency higher – in legitimate markets.

Yet today, Russia’s national interest rate is set at 17%, and the value of the ruble is still falling. The interest rate of the (bankrupt) United States is still frozen at 0%, but the dollar is (still) rising. It is not simply nonsensical. It is blatant fraud, on a level never before seen in the history of the global economy.

Based on all of the fundamentals of the two economies; it is the U.S. economy which should be experiencing a “currency crisis”. And with its national interest rate at an ultra-extreme high; it is the Russian ruble which should be soaring in value. The actual value of these currencies is not merely “wrong” it is totally, absolutely perverse – and totally, absolutely illegal.

This brings us to the second aspect to this outrageous act of economic terrorism. The fraudulent manipulation of the world’s currencies by Western bankers (the One Bank) is now totally exposed. The (pretend) “regulators” of nearly every major Western economy are now publicly “investigating” these banksters for precisely this form criminal conduct.



Source: http://bullionbullscanada.com/us-commentary/26577-us-declares-currency-war-on-russia


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