USD will no longer be king — Jeffrey Tucker

USD will no longer be king — Jeffrey Tucker   Jeffrey Tucker says we are at the turning point for the U.S. dollar, citing a growing de-dollarization trend. "The dollar's just not going to be king," he warned, adding that history will record recent events "as the turning point for the dollar." Read more Price Update Get the latest news updates straight to your feed with the bitcoin.com news Linkedin! Follow Now In the news De-dollarization trend irreversible, says Russian official Russia's foreign minister says a flight from the U.S. dollar "is sure to accelerate," emphasizing that "this trend is irreversible." The official added: "The path of sanctions is the path to nowhere." US Treasury's Yellen acknowledges sanctions could hurt dollar U.S. Treasury Secretary Janet Yellen talked about the dangers that sanctions based on the U.S. dollar might pose for the hegemony of the currency in international markets. According to Yellen, the government tries to use sanctions "judiciously," as they can create a desire to find alternatives to the U.S. dollar. Fall of Medici Bank: Fractional reserve banking in 15th century Italy Amid the banking chaos of the 21st century, some are looking back more than 600 years ago, to the Medici Bank — one of the most powerful banks of its time. It established its business and became one of the most respected banks in Europe during its prime, and the prominent Italian family of bankers were early adopters of fractional reserve banking, a practice that Medici Bank customers were unaware of, and that ultimately led to the financial institution's failure. 🚀 VERSE Staking is Live!  🎉 Deposit your VERSE now to earn rewards 💰 Bitcoin.com is excited to announce VERSE staking! Now it's easier than ever to earn VERSE rewards. Simply deposit your VERSE tokens on Bitcoin.com's decentralized exchange Verse DEX here and start earning rewards automatically. Stake Now @2023 Saint Bitts, LLC 858 Zenway Blvd, P.O. Box 1830, Frigate Bay, Saint Kitts and Nevis  This email was sent to ronaldwap@gmail.com. To unsubscribe or manage your subscriptions click here. Have feedback for us? Submit here.