“I warned that the dollar would be replaced by the yuan a year ago, when Washington decided to wage a proxy war with Russia in the Ukraine,” said Marjorie Taylor Greene.
The US congresswoman Marjorie Taylor Greene said this Sunday that the involvement of the US in the conflict in Ukraine will cause the US nation “economic ills never seen before”.
“I warned that the dollar would be replaced by the yuan a year ago, when Washington decided to wage a proxy war with Russia in the Ukraine, and now it’s happening,” wrote the legislator on her Twitter account.
Taylor Greene, a staunch opponent of the financial and military aid that her country is providing to kyiv, stressed that “the war in Ukraine by the warmongers is going to plunge the Americans into unseen economic woes […] if the dollar falls.” “They will be to blame and the US will never recover. This has to end,” said the legislator.
“A Necessary Condition”
Meanwhile, analysts point out that the conflict in Ukraine and anti-Russian measures have prompted the rise of de-dollarizationa process in which currencies such as China play an important role, thus avoiding the risks represented by the US currency.
For his part, Ju Jiandong, head professor at the School of Finance at Tsinghua University (Beijing), believes that the conversion of the Chinese yuan into an international currency is “a necessary condition for maintaining peace in the world.”
Source: RT
