U.S. Treasury prohibits transactions with Central Bank of Russia
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- เผยแพร่เมื่อ 30 ก.ย. 2024
- Steve Liesman reports the U.S., Canada and European allies are imposing historic sanctions against Russia. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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The US has 1 trillion dollars in trade deficit. This is possible only because the US dollar is international currency. Whereas other countries produce real goods for international trade, the US prints US dollars out of thin air to purchase those real goods. The US also prints trillions of dollars, which would cause hyperinflation. Hyperinflation does not happen because other countries absorb the excess of the US dollars. Other countries absorb the excess of the US dollars only because all oil and gas trades in the world are done in the US dollars. Which is why the US dollar is also called petrodollar. (Petrodollars are U.S. dollars paid to an oil-exporting country for the sale of the commodity. The petrodollar system is an exchange of oil for U.S. dollars between countries that buy oil and those that produce it.)
Russia has been working with China and other countries to move away from the US dollar in trading oil and other things. The process goes slowly because Russian oligarchs have part of their wealth tied to the US dollar. However, if the US puts too many serious sanctions on Russia, that will expedite Russia's refusal to use the US dollar in oil and gas trades with other countries. When other currencies become more common in oil and gas trade, more countries will begin refusing to use the US dollar for international trade and purchasing-selling oil and gas. This will lead to the US dollar losing its status of petro- (oil and gas) currency. And when this happens, the US will have nothing to offer to other countries to purchase their goods and services. And that will make the US economy crash.
The only solution to keep the US dollar alive would be to physically destroy Russia and China, but that's impossible because Russia would retaliate and drop nukes on the US and Europe. What remains is to support world instability, instigate wars, promote anti-Russian propaganda, and to print dollars out of thin air for as long as it's possible.
PUTIN YOU ARE DONE!! 😆🤡
So is TRUMP!!!!
Putin was not planning on getting bogged down in a quagmire. He wanted a fast decapitation of the Ukranian leadership. Instead he's losing tanks every hour, thousands of troops dead and captured, and his economy is on the verge of imploding AND now he's a global pariah. Russia is going to be like North Korea: isolated, poor, and unwelcome on the world stage.
@@patdohrety2940 that's what happened to an UNEDUCATED bully his people are paying the price.
@@1087shotwell nobody cares about Trump dear lord do people just like to randomly bring him up for no reason.
Biden & his druggy son Hunter received at least $3 million from Ukraine & Russia.
Some of Putin's own troops very young, early 20's claimed they were mis-lead during exercises and don't want to fight Ukrainians. But the guys at the end of the missile batteries don't know this and fire indiscriminately against civilian infrastructure. Appalling.
Hey, Ukrainian troll.
@@ik7584
PORTLAND, OREGON, USA STRONG!
@@jwpoole1408 8000 Ukrainian Waffen SS soldiers surrendered to US and British forces May 10, 1945 and migrated to Canada. The existence of large pro-Nazi Ukrainian diaspora in Canada and in the US is a well-known fact.
@@ik7584
They dead.
Ne rien, n'est pas, stop bombing Ukrainians!
t'rump: "Does this mean I won't have to pay that $700 million in Russian debt?"
Your obsession with Trump needs some serious therapy.
@@jbenson989 and you defending trump shows you need therapy and most likely poor
@@jbenson989 but their comment was funny 🤣🤣
Read the 2016 speech by Putin.
@@lbbyron154 why poor? Trump supporters are middle class, making a great wage without crippling college loans
This country acts like it produces anything.. as if it has anything to offer. Who's missing out America??
The US has 1 trillion dollars in trade deficit. This is possible only because the US dollar is international currency. Whereas other countries produce real goods for international trade, the US prints US dollars out of thin air to purchase those real goods. The US also prints trillions of dollars, which would cause hyperinflation. Hyperinflation does not happen because other countries absorb the excess of the US dollars. Other countries absorb the excess of the US dollars only because all oil and gas trades in the world are done in the US dollars. Which is why the US dollar is also called petrodollar. (Petrodollars are U.S. dollars paid to an oil-exporting country for the sale of the commodity. The petrodollar system is an exchange of oil for U.S. dollars between countries that buy oil and those that produce it.)
Russia has been working with China and other countries to move away from the US dollar in trading oil and other things. The process goes slowly because Russian oligarchs have part of their wealth tied to the US dollar. However, if the US puts too many serious sanctions on Russia, that will expedite Russia's refusal to use the US dollar in oil and gas trades with other countries. When other currencies become more common in oil and gas trade, more countries will begin refusing to use the US dollar for international trade and purchasing-selling oil and gas. This will lead to the US dollar losing its status of petro- (oil and gas) currency. And when this happens, the US will have nothing to offer to other countries to purchase their goods and services. And that will make the US economy crash.
The only solution to keep the US dollar alive would be to physically destroy Russia and China, but that's impossible because Russia would retaliate and drop nukes on the US and Europe. What remains is to support world instability, instigate wars, promote anti-Russian propaganda, and to print dollars out of thin air for as long as it's possible.
A complicated answer it would take a hundred pages to explain the retro b.s. that GOES ON AND ON
Well if they want to act alone thinking there's no consequences, let em get into a recession. Maybe they'll forcefully kick Putin out of presidency 🤔🤔🤔😂
Hello, product of a public school. The US has 1 trillion dollars in trade deficit. This is possible only because the US dollar is international currency. Whereas other countries produce real goods for international trade, the US prints US dollars out of thin air to purchase those real goods. The US also prints trillions of dollars, which would cause hyperinflation. Hyperinflation does not happen because other countries absorb the excess of the US dollars. Other countries absorb the excess of the US dollars only because all oil and gas trades in the world are done in the US dollars. Which is why the US dollar is also called petrodollar. (Petrodollars are U.S. dollars paid to an oil-exporting country for the sale of the commodity. The petrodollar system is an exchange of oil for U.S. dollars between countries that buy oil and those that produce it.)
Russia has been working with China and other countries to move away from the US dollar in trading oil and other things. The process goes slowly because Russian oligarchs have part of their wealth tied to the US dollar. However, if the US puts too many serious sanctions on Russia, that will expedite Russia's refusal to use the US dollar in oil and gas trades with other countries. When other currencies become more common in oil and gas trade, more countries will begin refusing to use the US dollar for international trade and purchasing-selling oil and gas. This will lead to the US dollar losing its status of petro- (oil and gas) currency. And when this happens, the US will have nothing to offer to other countries to purchase their goods and services. And that will make the US economy crash.
The only solution to keep the US dollar alive would be to physically destroy Russia and China, but that's impossible because Russia would retaliate and drop nukes on the US and Europe. What remains is to support world instability, instigate wars, promote anti-Russian propaganda, and to print dollars out of thin air for as long as it's possible.
Of course Russia will get a very very very long recession if not depression as there's no country in the World that can thrive or had enough while under not just the U.S. sanctions but the Western World sanctions, Japan, Australia, etc. and isolated.
You know you were wrong
Euro and America will move their leaders soon not putin
But how's Trump supposed to make his payments??!!
Biden & his druggy son Hunter received at least $3 million from Ukraine & Russia.
ASK FOR TRANSPARENCY.
@@adel19997 you'll never get it
@Erika With a K TRUMP IS AS DISHONEST AS BIDEN AND TRUMP IS A NATIONAL SECURITY RISKS FOR AMERICA'S HOMELAND SECURITY AND AMERICA'S PEOPLE SECURITY.
Central Banks is bankrupt 🤣🤣 Putin os finally free from this corrupt system.. Decentralized banking on the roll .
One central bank down, lol. Folks, we're a few years away.
The US has 1 trillion dollars in trade deficit. This is possible only because the US dollar is international currency. Whereas other countries produce real goods for international trade, the US prints US dollars out of thin air to purchase those real goods. The US also prints trillions of dollars, which would cause hyperinflation. Hyperinflation does not happen because other countries absorb the excess of the US dollars. Other countries absorb the excess of the US dollars only because all oil and gas trades in the world are done in the US dollars. Which is why the US dollar is also called petrodollar. (Petrodollars are U.S. dollars paid to an oil-exporting country for the sale of the commodity. The petrodollar system is an exchange of oil for U.S. dollars between countries that buy oil and those that produce it.)
Russia has been working with China and other countries to move away from the US dollar in trading oil and other things. The process goes slowly because Russian oligarchs have part of their wealth tied to the US dollar. However, if the US puts too many serious sanctions on Russia, that will expedite Russia's refusal to use the US dollar in oil and gas trades with other countries. When other currencies become more common in oil and gas trade, more countries will begin refusing to use the US dollar for international trade and purchasing-selling oil and gas. This will lead to the US dollar losing its status of petro- (oil and gas) currency. And when this happens, the US will have nothing to offer to other countries to purchase their goods and services. And that will make the US economy crash.
The only solution to keep the US dollar alive would be to physically destroy Russia and China, but that's impossible because Russia would retaliate and drop nukes on the US and Europe. What remains is to support world instability, instigate wars, promote anti-Russian propaganda, and to print dollars out of thin air for as long as it's possible.
17% of their reserves will only run the Russian attack for about 6 days. Maintaining their forces is costing around $20billion per day so even if they can access 17% of 700billion - it ain’t much for their attack
So now all will move yhrought central bank of china what wonderful world
Pointless information that we have absolutely no control over
Same people running the USA stockmarket is running our country and all of them are weak and scared of me and the Russians. They're holding down the Nasdaq because I've been in the QQQ'S since November of 2021. OG-Reggie B.........
Same people running the USA stockmarket is running our country and all of them are weak and scared of me and the Russians. They're holding down the Nasdaq because I've been in the QQQ'S since November of 2021. OG-Reggie B.........
Don’t forget to punch Belarus 🇧🇾 for also attacking Ukraine 🇺🇦
How are we going to be able to buy Russian oil? We are still buying Russian oil everyday and send them money everyday.
Let’s just hope that Putin is keeping thi green to minimize the impact on global warming .
Build more EVs and stop giving your money to Putin at the gas pump ⛽️
Tks Russia and Ukraine... My bitcoin is jump up again....
Damn that's was quick
Not that long ago it was 50-60 rubles per dollar
Damn it! I was just going to buy some Pryaniki
#Biden #CNBC #Trump
American strong!
I THINK I WILL FLY OVER TO RUSSIA
trump will be effected by this, he's been whining lately
YOU ARE A KNUCKLEHEAD
Biden's must return the $3 million to each Russia & Ukraine.
"Call on the Lord in the day of trouble,
and He will deliver you."
-Psalm 50 :15
1 cent! Hahaha!
Russia has detached Ruble from the Dollar in 2018 and has been stacking on gold as of of 2014, currently having more than 2,000 tons of gold worth more than $600+ billion and that's without crypto being a thing. Most likely they will be fine ...
Yup my golds been trending up.. better than 16% yoy btc!
@@valkiyriNo they will not be fine in the medium to long term!
@@valkiyri tell that to the Russian citizens 600+ billions does not belong to his people or to mother Russia.
@@valkiyri that's nice because their 650 billion in reserves has been frozen.
Good !!! 👍👍🏁🏁🏁🏁
Fakenews
Good
We will fail every time; it is in our nature to SIN. It is only through the
BLOOD of JESUS CHRIST, that we can acquire complete forgiveness. We can all attain this by just accepting Jesus as our Savior, and accepting that He shed His BLOOD to atone for the sins of all who (REPENT).
Just ask (for the BLOOD of JESUS for FORGIVE your SINS).
And then PRAISE the Name of GOD!
And then ASK God for what you need help with.
It REALLY WORKS.
Except for the Biden’s of course! Hilary too!
Read the 2016 speech by Putin.
Seriously disappointed that we can fight for years in the middle east for stupid reasons… but this?? This is fine
Praise the Lord Jesus!!❤️❤️❤️
Putin is losing ground and he’s weak!😂🤣😂🤣
The US has 1 trillion dollars in trade deficit. This is possible only because the US dollar is international currency. Whereas other countries produce real goods for international trade, the US prints US dollars out of thin air to purchase those real goods. The US also prints trillions of dollars, which would cause hyperinflation. Hyperinflation does not happen because other countries absorb the excess of the US dollars. Other countries absorb the excess of the US dollars only because all oil and gas trades in the world are done in the US dollars. Which is why the US dollar is also called petrodollar. (Petrodollars are U.S. dollars paid to an oil-exporting country for the sale of the commodity. The petrodollar system is an exchange of oil for U.S. dollars between countries that buy oil and those that produce it.)
Russia has been working with China and other countries to move away from the US dollar in trading oil and other things. The process goes slowly because Russian oligarchs have part of their wealth tied to the US dollar. However, if the US puts too many serious sanctions on Russia, that will expedite Russia's refusal to use the US dollar in oil and gas trades with other countries. When other currencies become more common in oil and gas trade, more countries will begin refusing to use the US dollar for international trade and purchasing-selling oil and gas. This will lead to the US dollar losing its status of petro- (oil and gas) currency. And when this happens, the US will have nothing to offer to other countries to purchase their goods and services. And that will make the US economy crash.
The only solution to keep the US dollar alive would be to physically destroy Russia and China, but that's impossible because Russia would retaliate and drop nukes on the US and Europe. What remains is to support world instability, instigate wars, promote anti-Russian propaganda, and to print dollars out of thin air for as long as it's possible.
BIDEN THE WEAKEST PRESIDENT OF THE UNITED STATES IN U.S. HISTORY.
underestimating Russia is a big mistake, remember Russia has satan 2 (20 mach speed) that can destroy the entire france in single shot
The winner will ne the Yuan
Yeeesh😮💨
The GOP better get all their money out of Russia!!
Biden & his druggy son Hunter received at least $3 million from Ukraine & Russia.
There goes the orange coated one’s cashflow.
Biden & his druggy son Hunter received at least $3 million from Ukraine & Russia.
ASK FOR TRANSPARENCY.
Hey look we finally did something right for once! 😵🤦
NEVER BUY A FORD .....UNLESS IT'S AN OLD ONE
Are you talking about the war in Iraq or bombing Yugoslavia?
I thought this was a free country…
Hi Russian Agent.
@@zengrath hi liberal democrat (way worse)
@@yukozuna1130 Democrats are the WORST !
@@yukozuna1130 I'm not a liberal democrat. But I don't expect you to know, you're a Russian agent who prefers communism dictatorships. By the way America has mor then 2 parties, there is multiple other parties including one called independents who are likely the smartest of the parties but have no power sadly since our numbers are too small.
@@zengrath You are correct when you say you have no power. So please exercise your right to remain silent.
Fake news, Brandon is still buying Rusky oil.