China Wants to Crash Our Dollar but We Can Stop Them

By Kevin Freeman
blog
August 24, 2020Aug 24, 2020

A few weeks ago this Blog explained the risk of an attack on our dollar as part of China's Unrestricted Warfare.

Watch Out for a Coming Dollar Attack, The Likely Next Step in the Globalist/Marxist Insurgency

We discussed how those seeking to oust President Trump from office had pulled out all the stops. As part of that, we mentioned what Google was doing with search engine results. We also shared how the media and some in the medical community seemingly conspired to stop any reasonable COVID. Trump has noticed as seen in this Tweet:

The deep state, or whoever, over at the FDA is making it very difficult for drug companies to get people in order to test the vaccines and therapeutics. Obviously, they are hoping to delay the answer until after November 3rd. Must focus on speed, and saving lives! @SteveFDA

— Donald J. Trump (@realDonaldTrump) August 22, 2020

Things have ratcheted up in the past few weeks. One example we mentioned before was the use of an Oleander compound called Oleandrin. We showed you an interview with Andrew Whitney, the vice chairman of Phoenix Biotechnologies. The interview was banned on YouTube (for no good reason other than it provided information about a potential treatment that they did not want you to know about). We reposted the interview on XOTV. This week, we interviewed Andrew again. The reason? There has been an all-out media assault on this very promising treatment using distortions and outright lies. Here is a "hit job" by Anderson Cooper of CNN:</p> <p><span style="text-align:center; display: block;"><p>https://www.youtube.com/embed/CZo2RaNgD_I?version=3&rel=1&fs=1&autohide=2&showsearch=0&showinfo=1&iv_load_policy=1&wmode=transparent</p></span></p> <p>The severe attacks are against Mike Lindell but never mind a lot of the facts that CNN's Cooper ignore. But you can be certain YouTube won't pull the CNN video for being misleading. To get a better perspective on the issue, here is the full episode of our latest interview with Andrew Whitney (from XOTV in case they pull the <a href="https://youtu.be/kADL7yfbua8" target="_blank" rel="noopener noreferrer">YouTube</a> again). Take a look and decide for yourself.</p> <p><a href="https://xotv.me/channels/233-economic-war-room/vod_videos/4670-why-the-coordinated-and-hysterical-media-response-to-a-potential-covid-19-therapy"><img src="Screen-Shot-2020-08-24-at-8.59.00-PM.png"/></a></p> <p>[This episode will have a complete Battle Plan you can download FREE as soon as it's available. You can get it at <a href="https://www.economicwarroom.com/battleplans" target="_blank" rel="noopener noreferrer">Economic War Room</a> and it will contain links to the scientific studies that demonstrate that Oleandrin is not "snake oil." It is well researched and has a clear basis for further study and possible use against COVID-19.]</p> <p>The point is this. There are forces seeking to manipulate your understanding and even deny potentially life-saving treatments to achieve their agenda. Likewise, there is a <a href="https://www.washingtontimes.com/news/2020/jul/22/vandals-blm-marxists-and-antifa-lay-siege-to-portl/" target="_blank" rel="noopener noreferrer">continuing Marxist insurgency, particularly in leftist-controlled areas</a>, that the media has attempted to hide from you. They are playing a dangerous game with our future.</p> <p><strong>But the forces that want to oust President Trump are not just political and not exclusively American.</strong> The most potent forces may be found in Communist China. The world's second largest economy has made it clear <a href="https://justthenews.com/world/intel-community-iran-and-china-want-trump-lose-russia-targeting-biden" target="_blank" rel="noopener noreferrer">they would prefer Joe Biden in the White House</a>. And J<a href="https://globaleconomicwarfare.com/2019/06/cmon-man-why-is-biden-so-wrong-about-china/" target="_blank" rel="noopener noreferrer">oe Biden has been very clear in his love for China</a>. <a href="https://www.newsweek.com/democrats-china-middle-east-biden-1526115" target="_blank" rel="noopener noreferrer">The Democrat Convention made very little mention of the tremendous threat China has posed</a> to our health, economy, and security. <a href="https://www.forbes.com/sites/andrewsolender/2020/04/25/republicans-see-attacks-on-china-as-a-winning-strategy-for-2020/#e6626a034730" target="_blank" rel="noopener noreferrer">The Republican convention, by contrast, will very likely target the Chinese Communist Party and rightly so</a>.</p> <p><strong>So what might China do?</strong> We have covered this at length. They might target our election infrastructure with hacking. <a href="https://xotv.me/channels/233-economic-war-room/vod_videos/2400-election-fraud-exposed-troubling-inconsistencies-nobodys-talking-about" target="_blank" rel="noopener noreferrer">We've shown how our system is vulnerable</a>. <a href="https://www.wsj.com/articles/new-details-of-chinas-efforts-to-remove-critic-in-u-s-revealed-in-hawaii-court-11598294289" target="_blank" rel="noopener noreferrer">They might attempt to lobby American politicians to turn on Trump</a>. <a href="https://thenationalpulse.com/exclusive/biden-whisperer-staffer-coons-ccp-linked/" target="_blank" rel="noopener noreferrer">They may attempt to influence the Biden campaign</a>. The Chinese might target our stock market and <a href="https://globaleconomicwarfare.com/2020/06/restore-the-uptick-rule-to-prevent-market-manipulation/" target="_blank" rel="noopener noreferrer">we've explained the vulnerability there as well</a>.</p> <p>In our last post, we explained why China wants to destroy the dollar. This has been their <a href="https://www.usatoday.com/story/theoval/2013/10/15/obama-china-xinhua-shutdown-debt-ceiling/2985581/" target="_blank" rel="noopener noreferrer">dream since at least 2013</a> and <a href="https://www.zerohedge.com/economics/russia-china-dedollarization-reaches-breakthrough-moment-countries-ditch-greenback" target="_blank" rel="noopener noreferrer">Russia before that</a>. <a href="https://www.scmp.com/economy/china-economy/article/3091865/time-china-decouple-yuan-us-dollar-former-party-official" target="_blank" rel="noopener noreferrer">But now it seems imperative to them</a>. <a href="https://globaleconomicwarfare.com/2011/04/brics-call-for-dollars-demise/" target="_blank" rel="noopener noreferrer">A decade ago when I warned about this</a>, <a href="https://www.washingtontimes.com/news/2012/oct/10/inside-the-ring-new-wmd-threats/" target="_blank" rel="noopener noreferrer">the "experts" all argued that China would never want to hurt the dollar because we owed them money</a>. They were wrong and nearly everyone now understands that. In fact, <a href="https://www.reuters.com/article/us-forex-poll-dollar-idUSKBN24300L?taid=5efd99dd17654f00015ab44e" target="_blank" rel="noopener noreferrer">the general consensus has become that the dollar will slowly lose its status</a>. <a href="https://www.cnbc.com/2020/06/22/usds-demand-as-emergency-dollar-could-be-waning-deutsche-bank-says.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail" target="_blank" rel="noopener noreferrer">Many see the dollar's dominance as waning already</a>. And <a href="https://www.zerohedge.com/markets/beijing-sounds-alarm-about-dollars-reserve-status" target="_blank" rel="noopener noreferrer">China is leading the rallying cry against the dollar.</a> Even some <a href="https://www.cnbc.com/2020/06/15/dollar-crash-is-almost-inevitable-asia-expert-stephen-roach-warns.html" target="_blank" rel="noopener noreferrer">American analysts see a dollar crash as inevitable</a>.</p> <p><strong>There is no doubt that it is the official Chinese policy to crash the American dollar.</strong> <a href="https://www.reuters.com/article/china-banks-clearing/factbox-chinas-onshore-yuan-clearing-and-settlement-system-cips-idUSL3N2F115E" target="_blank" rel="noopener noreferrer">They have built systems to replace the dollar</a>. <a href="https://www.forbes.com/sites/billybambrough/2020/06/08/china-could-force-donald-trump-and-the-fed-to-destroy-the-us-banking-system/#1ab585354f5f" target="_blank" rel="noopener noreferrer">And they have developed an asset-backed digital currency to challenge our paper money</a>. <a href="https://www.coindesk.com/starbucks-mcdonalds-among-19-firms-to-test-chinas-digital-yuan-report" target="_blank" rel="noopener noreferrer">Even Starbucks and McDonalds have agreed to test it</a>. <a href="https://www.coindesk.com/chinas-national-blockchain-will-change-the-world" target="_blank" rel="noopener noreferrer">Bitcoin followers believe this effort will "change the world."</a> But the real question is whether or not they can pull it off. <a href="https://www.scmp.com/economy/china-economy/article/3098118/chinas-wish-end-us-dollar-dominance-unlikely-come-true-no" target="_blank" rel="noopener noreferrer">Maybe they can't!</a> At least not yet. The problem is that our continuing COVID response has <a href="https://www.forbes.com/sites/mikepatton/2020/08/14/national-debt-to-surpass-78-trillion-by-2028-what-it-means-for-americans/#30571e95ddf9" target="_blank" rel="noopener noreferrer">greatly added to our debt, now almost $27 trillion</a>. Some call this the Fed's <a href="https://thehill.com/opinion/finance/504702-the-feds-reckless-experiment" target="_blank" rel="noopener noreferrer">"reckless experiment."</a></p> <p><strong>The good news is that we can protect the dollar and our economy. It just requires solidarity and resolve. Here are some things we can and should do:</strong></p> <ol> <li>We must <a href="https://youtu.be/Ye0t6ocEqLM" target="_blank" rel="noopener noreferrer">protect the stock market</a> with the <a href="https://globaleconomicwarfare.com/2020/06/restore-the-uptick-rule-to-prevent-market-manipulation/" target="_blank" rel="noopener noreferrer">uptick rule</a>. <a href="https://www.coindesk.com/chinas-national-blockchain-will-change-the-world" target="_blank" rel="noopener noreferrer">That's because a market crash could hammer the dollar</a> in multiple ways. In the past a market decline might have caused a rush to the dollar. But this time, with record debt, we may not be able to pull it together.</li> <li>We must make the world aware of <a href="https://youtu.be/CMg5Q-X0JMI" target="_blank" rel="noopener noreferrer">Chinese culpability in unleashing the COVID pandemic</a>. <a href="https://youtu.be/_Ng0veUA2bI" target="_blank" rel="noopener noreferrer">We must make it clear that the Chinese Communist Party cannot be trusted with global economic leadership</a>.</li> <li><a href="https://www.forbes.com/sites/mikepatton/2020/08/14/national-debt-to-surpass-78-trillion-by-2028-what-it-means-for-americans/#30571e95ddf9" target="_blank" rel="noopener noreferrer">We must get our fiscal house in order</a> and come together as one nation under God.</li> <li>We must explore asset-backed digital currencies on our own and take leadership in this arena. <a href="https://globaleconomicwarfare.com/2015/06/the-silent-undermining-of-the-seemingly-strong-dollar-and-what-texas-is-doing-about-it/" target="_blank" rel="noopener noreferrer">Texas began down this path</a> but now needs to restart efforts.</li> <li>We must immediately stop our <a href="https://youtu.be/1Wl4V43o9Lk" target="_blank" rel="noopener noreferrer">underwriting of Communist China</a>. <a href="https://globaleconomicwarfare.com/2020/05/why-we-may-have-to-deregister-and-delist-communist-chinese-shares-from-us-markets/" target="_blank" rel="noopener noreferrer">We must delist and deregister all Chinese shares</a> that fail to meet our laws and accounting standards. We have invested something like $3 trillion into Chinese companies with very little good to show for it.</li> <li>We should shore up our alliances and we might even want to divide the <a href="https://youtu.be/PGXMJ2R9Btk" target="_blank" rel="noopener noreferrer">anti-dollar coalition</a> be peeling off Russia.</li> <li>We should ask China to repay their longstanding debt to Americans. Very little is ever mentioned about this but <a href="https://www.foxbusiness.com/markets/historic-chinese-bonds-trump-leverage-beijing" target="_blank" rel="noopener noreferrer">the debt is massive, measured in the trillions of dollars</a>.</li> </ol> <p>All of the steps are doable and can add decades of life to American dollar hegemony. To get there, however, we will have to be honest with ourselves and pull together as Americans. We will have to call the media out for their distortions and lies. And we will have to vote and pray. <strong>Without God, there is no future for America. We must repent and cry out to God according to 2nd Chronicles 7: 13-14.</strong> <a href="https://www1.cbn.com/cbnnews/us/2020/august/exclusive-democratic-convention-meetings-omit-under-god-from-pledge-of-allegiance" target="_blank" rel="noopener noreferrer">Sadly, many in the Democratic Party seems oblivious to this fact.</a> <a href="https://www.foxnews.com/politics/republicans-emphasize-under-god-in-pledge-after-some-dnc-meetings-omitted-words" target="_blank" rel="noopener noreferrer">Hopefully, the Republicans will do better</a>.</p>