SnyderTalk Editorial: The dollar’s days as the global reserve currency are numbered.

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Jeremiah 12: 14-17

Thus says Yahweh concerning all My wicked neighbors who strike at the inheritance with which I have endowed My people Israel, “Behold I am about to uproot them from their land and will uproot the house of Judah from among them.  And it will come about that after I have uprooted them, I will again have compassion on them; and I will bring them back, each one to his inheritance and each one to his land.  Then if they will really learn the ways of My people, to swear by My name, ‘As Yahweh lives,’ even as they taught My people to swear by Baal, they will be built up in the midst of My people.  But if they will not listen, then I will uproot that nation, uproot and destroy it,” declares Yahweh.

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Thomas Jefferson

“For here we are not afraid to follow the truth wherever it may lead, nor to tolerate any error so long as reason is left free to combat it.”

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Jeremiah 15: 5-6

“Indeed, who will have pity on you, O Jerusalem, or who will mourn for you, or who will turn aside to ask about your welfare?  You who have forsaken Me,” declares Yahweh, “You keep going backward.  So I will stretch out My hand against you and destroy you; I am tired of relenting!”

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The dollar’s days as the global reserve currency are numbered.

First, Iran called for replacing the dollar as the global reserve currency.  That comes as no surprise since Iran considers the US to be the Great Satan.  When the fed initiated quantitative easing, China joined the chorus.  That’s not a surprise either.  China holds about a trillion dollars of US debt, and QE is little more than a program designed to print dollars and drive up inflation.

Right now, the fed fears deflation more than inflation, so QE may make sense from a US perspective, but from China’s point of view, it’s a terrible deal.  Inflating dollars means devaluing the dollar so that we pay off our debts with cheaper dollars.  The losers are people and countries holding US debt.

Last week, Europe started talking openly about replacing the dollar as the global reserve currency.  That is a big deal.  It means that the tide is rising rapidly, and the dollar’s days as the global reserve currency are numbered.

Unfortunately, most people in the US have no idea what it means.  When the dollar is no longer the global reserve currency, the effect on the US economy will be breathtaking.  Commodity prices will skyrocket and inflation in the US will soar.

The simple fact that the dollar is the global reserve currency has insulated us from the full effects of those outcomes so far.  QE and the unwillingness of the US Congress and presidents from both parties to deal with our debt and deficit problems virtually guarantee that the day of the dollar IS OVER.

Take a few minutes and watch the two SnyderTalk video commentaries below.  They will help you to understand the situation:

As I said, this is a very big deal, and it foreshadows a changing of the guard, as it were, on the global stage.  The day of the dollar as the global reserve currency will come to an end, and there will be a concomitant change in the global political structure as well.  This is a major turning point in global events.

To see other SnyderTalk editorials, click here.

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Hosea 4: 6

My people are destroyed for lack of knowledge.

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  • The Ultimate “Arab Spring” Quote “We, the youth, did the revolution. We didn’t say that it should be Islamic or whatever. And people felt good. They felt relaxed here. And then suddenly these Islamic liars came, and they want us to go back 300 years.”

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Joel 3: 17-21

Then you will know that I am Yahweh your God, dwelling in Zion, My holy mountain.  So Jerusalem will be holy, and strangers will pass through it no more.  And in that day the mountains will drip with sweet wine, and the hills will flow with milk, and all the brooks of Judah will flow with water; and a spring will go out from the house of Yahweh to water the valley of Shittim.  Egypt will become a waste, and Edom will become a desolate wilderness, because of the violence done to the sons of Judah, in whose land they have shed innocent blood.  But Judah will be inhabited forever and Jerusalem for all generations.  And I will avenge their blood which I have not avenged, for Yahweh dwells in Zion.

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Israeli Uncensored News

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The Rubin Report

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Thomas Jefferson

“We have the greatest opportunity the world has ever seen, as long as we remain honest – which will be as long as we can keep the attention of our people alive. If they once become inattentive to public affairs, you and I, and Congress and Assemblies, judges and governors would all become wolves.”

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His Name is Yahweh:

There is a wealth of material available for free download on www.hisnameisyahweh.org including the book His Name is YahwehHis Name is Yahweh is also available at Amazon on Kindle for just $5.  If you haven’t read His Name is Yahweh, you should.  The importance of Yahweh’s Name is becoming more apparent with each passing day.

Available on Amazon Kindle and it can be downloaded at www.hisnameisyahweh.org