Written by Michael Thervil
If you know anything about the Chinese – they are in the business of business, why the current world reserve currency owned by the United States are in the business of war. War is always destructive unless you profit off it like the American government. China has been busy in the continent of Africa since 2006 as Africa was and still is considered to be prime real estate by China. Since China is in the business of business and not war, the Chinese Yuan will not be weaponized like the American Dollar. Even now as we speak, India has started to purchase oil in the Chinese Yuan instead of the American Dollar.
This is one of the goals of the BRICS+ Nations, stopping the use of having to purchase oil with American Dollars which could lead to the threat of the American Dollar being weaponized against them. It should be noted that all members of the BRICS+ Nations are seeking to develop a multi-polarized world. This is a world where all nations will be able to purchase much needed commodities such as oil, with whatever currency they want – particularly their own currency. Since America has not only weaponized the U.S. Dollar which again is the world reserve currency, but it dealt extremely harsh socio-economic sanctions to Russia; other nations saw this a highly adverse provocation in which they took as a warning to position themselves as soon as possible to be independent of the U.S. Dollar so that they would not fall victim to same socio-economic sanctions that were used as an attempt to cripple the Russians – which failed by the way.
Another thing that the Chinese Yuan is starting to be used for is the international tender of choice for drug traffickers. The use of the Yuan as the international tender for drug traffickers could be considered a tactical choice for drug runners because there are currently no laws in the United States that can prosecute anyone for using the Yuan as a tender to purchase narcotics. Even more than that, money laundering schemes that are based on the Chinese Yuan are nearly untraceable because there is a plethora of ways to “wash money” that the United States has no authority over.
In a nutshell, yes, more and more countries are starting to turn to the Chinese Yuan to make payments for international commodities such as oil, and that will make the Chinese Yuan stronger as a rival to the U.S. Dollar as a diminishing world reserve currency. But the biggest boost that will make the Chinese Yuan stronger will come from the black market. Why? Because as we stated before the Chinese is in the business of doing business – no matter what or where the business is. Case in point, Mexican Cartels are working with several Chinese companies that are flooding the U.S. with fentanyl and other synthetic drugs, and how are they paying for it? The Chinese Yuan.
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