The administration of US President Joe Biden has done a lot to undermine the influence of the dollar in the world arena. This was stated by Russian President Vladimir Putin.
According to Vladimir Putin, the use of the dollar as an instrument of political and military struggle has led to the weakening of its fundamentals.
‘The newly elected president [of the United States, Donald Trump – ed.] has not been in that very White House for four years… And during this time there have been certain changes in the economy, global and American… His successors, his political opponents have done a lot to undermine the fundamentals of the dollar as the world’s reserve currency. And, above all, they did it with their own hands, using the dollar as an instrument of political, and maybe even armed struggle,’ he said, speaking at the VTB investment forum ’Russia Calling!’
The Russian president also said that using the dollar as a world currency brings the US big profits ‘from the sky’.
‘The use of the dollar as a world currency brings unearned money to the United States in a large volume. Here, according to our experts, somewhere in the last 10 years, approximately, they received 10 trillion dollars just like that, from the sky’, – said Vladimir Putin.
We shall remind you that earlier Vladimir Putin said that all those forces from the outside, who talk about inflicting a strategic defeat on Russia, want to destroy it.
