9/2/15 Putin Targets US Monetary System: “Aims To Eliminate US Dollar From Trade”

Tyler Durden's picture

Something is afoot as de-dollarization escalates around the world. With CNY/RUB trading volumes up a stunning 400% year-over-year to record highs, and hot on the heels of China’s (and much of EM Asia) dumping dollar assets, Russian President Vladimir Putin has just unleashed a new bill aiming to completely eliminate the US dollar from the trade of goods. Continue reading “9/2/15 Putin Targets US Monetary System: “Aims To Eliminate US Dollar From Trade””