The Death Of King Dollar: How Biden, The Fed And Congress Are Killing The US Dollar (Down -11% After 9/27/22)

Biden, The Federal Reserve and insane Federal spending are killing King Dollar. Countries that used to use the US Dollar as reserve currency are dumping the dollar like a month old burrito.

What countries are dumping the dollar?

A lengthy list of countries are moving away from using the US dollar, which has long been the reserve currency of the world. The following countries are in the process of reducing their dependency on the dollar.

  • Russia
  • China
  • Iran
  • Brazil
  • Argentina
  • Saudi Arabia
  • UAE
  • India

The result?

Biden has vacationed 40% of the days he has been President. In his defense, he has probably needed that time to hunt down the classified documents has left strewn around his his home, vacation home, the Penn-Biden Center and Chinatown in DC.