Meraglim Blog

The World Is Ganging up Against the Dollar

The U.S. has been highly successful at pursuing financial warfare, including sanctions. But for every action, there is an equal and opposite reaction. As the U.S. wields the dollar weapon more frequently, the rest of the world works harder to shun the dollar completely. To read more of this article, click here.

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U.S. Tries to Kick Iran Out of Global Payments System. It May Be Too Late.

In 2013, the U.S. successfully kicked Iran out of the global payments system called SWIFT, (Society for Worldwide Interbank Financial Telecommunications). SWIFT in the nerve center of the global financial network. All major banks transfer all major currencies using the SWIFT message system. The U.S. had previously banned Iran from the dollar payments system (FedWire),

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It’s Not Just Russia and China. Now Europe Wants Out of the Dollar System

We’ve been warning for years about efforts of Russia and China to escape what they call “dollar hegemony” and create a new financial system that does not depend on the dollar and helps them get out from under dollar-based economic sanctions. These efforts include buying gold, selling U.S. Treasury securities, buying more special drawing rights

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