Currency Games: Exit Dollar Hegemony, Enter Renminbi and Russian Gold Ruble

Increasingly since 2010, as Washington attempted to impose the Pentagon’s Full Spectrum Dominance on the world in the form of the so-called Arab Spring manipulated regime changes from Tunisia to Egypt to Libya and now, with poor results, in Syria, China and Russia have both been pushed into each others’ arms. A Russian-Chinese alternative to the dollar in the form of a gold-backed ruble and gold-backed renminbi or yuan, could start a snowball exit from the US dollar, and with it, a severe decline in America’s ability to use the reserve dollar role to finance her wars with other peoples’ money. That could just give the interests in favor of a world at peace a huge advantage over that warring lost hegemon, the United States.