China is in Control of What Happens with the U.S. Dollar and What Will That Be?

November 26, 2013 at 8:13 AM

Compare the difference...

Compare the difference…

by Fred DeRuvo

It is easy to remain uninitiated when it comes to world affairs, especially as they involve the U.S. and China. The reason for that is simply due to the fact that the mainstream news bureaus in the United States are not telling us anything. They are deliberately keeping us in the dark and since most Americans do not do their own research, their “news” and information is what is presented on these mainstream news channels. If the situation involving China as related to the U.S. is not presented, then Americans know nothing of it. In reality, news bureaus have become disinformation bureaus.

The truth is that most Americans have gotten really lazy. We simply sit in front of the TV or listen to our favorite radio “news” station (which is mostly all talk with very little substance) and we are mollified into a vapid stupor.

All right, let’s talk about China then. Let’s open the books and investigate some areas that the left wants to keep us in the dark about, shall we? What is going on with China? Is it anything we Americans need to be concerned about?

In 1973, Nixon jumped in bed with the Saudis to move away from using gold to back U.S. currency to using oil to do so. Each barrel of oil would be “…denominated in U.S. dollars. Under this new arrangement, any country that sought to purchase oil from Saudi Arabia would be required to first exchange their own national currency for U.S. dollars. In exchange for Saudi Arabia’s willingness to denominate their oil sales exclusively in U.S. dollars, the United States offered weapons and protection of their oil fields from neighboring nations, including Israel.”

The move away from gold to oil simply ensured that one day, the dollar would collapse because that’s what happens to all reserve currencies.

Lately, nothing has really been backing the dollar, yet the Federal Reserve has continued to print money (again, based on nothing) to keep dollars in circulation. In the process, our government has rung up trillions in debt and most of that debt has been purchased (in the form of bonds) by China. As long as someone was willing to buy our debt, we could continue. But that is apparently going to change due to some recent announcements from China.

China has decided that they will no longer buy foreign country assets (including a country’s debt) because they no longer benefit from it. Banks do the same thing with businesses where they decide to cut their losses. What is left for the United States then? Nothing good.

The Chinese yuan may help collapse the U.S. dollar sooner than we think.

The Chinese yuan may help collapse the U.S. dollar sooner than we think.

It’s quite likely that – like numerous other nations – China wants to see the end of the U.S. dollar as the reserve currency, as do other countries. In fact, the UN has called for a world or global currency as well. These countries are very tired of answering to the U.S. and want their own autonomy through the rise and valuation of another currency to use. They no longer want to depend upon America or Wall Street. They want to be in the lead because they have gotten seriously tired of following. Oh, by the way, China has been on the road to becoming a gold superpower because they have been buying as much gold as they can lay their greedy hands on. One article this past July estimated that China had already purchased 5,000 tons of gold, though others estimated that it was closer to 10,000 tons of it.

What that means for the United States is simple:

  • over time, the dollar will devalue
  • over time, prices of products made in China will rise tremendously

In the end, the dollar will be able to buy far less than it does currently. Americans who have not been paying attention will be completely blindsided by all of this.

China would benefit greatly if they could cause the U.S. dollar to tumble because China does not need the U.S. any longer, while we still need someone to buy our debt. If that does not happen, then say good-bye to American life as we’ve known it. At that point, the dollar could be replaced with another reserve currency (or several reserve currencies). Note this very important statement from Reuters:

“And just this week there was another major announcement which indicates that China is getting ready to make a major move against the U.S. dollar. According to Reuters, crude oil futures may soon be priced in yuan on the Shanghai Futures Exchange…” (emphasis added).

Folks, if that happens, America’s financial base will be rocked beyond its foundation. I don’t really think we can fully grasp the true meaning of it until it happens. Most Americans have no grasp at all that any prosperity they have experienced is a facade that hides the truth. They do not understand that our economy has been propped up by false imagery for some time. When those things are removed, the U.S. economy is in for a huge tumble from which we will likely not recover.

Ask yourself a very important question. Have you heard any of this in the mainstream media of America? The answer is likely to be a resounding “no.” This information is available from reputable sources on the Internet, but you actually have to look for it and double-check sources. There is a great deal that we have not been told and it is not only about the economics between the U.S. and China, but about the fact that China has been testing their nuclear missiles (shot from submarines) off the southern coast of California (November, 2010 and most recently, October and November of 2013). They are showing us that they could take portions of America out and there would be nothing we could do about it.

China’s DF-31A nuclear missiles have a range of 7,000 to 7,500 miles. If they shot several over the North Pole, they could easily take out the following cities: “…Annapolis, Philadelphia, New York, Boston, Portland, Baltimore and Norfolk, whose population accounts for about one-eighth of America’s total residents.”

Americans are generally not concerned because they simply know nothing about it! Life goes on for them. Is the Scripture that says, “For the coming of the Son of Man will be just like the days of Noah. For as in those days before the flood they were eating and drinking, marrying and giving in marriage, until the day that Noah entered the ark, and they did not understand until the flood came and took them all away; so will the coming of the Son of Man be,” (Matthew 24:37-39)? They are not ready for the “shock and awe” that will occur when the dollar begins its collapse.

China holds the future of America in its proverbial hands and God has allowed that to be the case. The decisions China makes with respect to allowing the dollar to collapse and replacing it with another currency will impact this nation as never before.

How many times do people have to remind us to prepare as best we can? How many times do the facts need to be brought before us before we take action for ourselves and our families?

We may not be able to change the government. We may not be able to change what is destined by God happen. We can, however, change our level of readiness for it if we will simply take the time to prepare for what is coming.

You can also stay in your cabin saying that you feel no need to leave the area only to experience the fact that “Mount St. Helens brandished the explosive power of 500 Hiroshima bombs…” and flattened trees and took your life in its ferocity.

Don’t be that guy.

Entry filed under: Life in America, Religious - Christian - Theology, Shadow Government. Tags: , .

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