Transcripts from Bannon’s War Room-Rumble: The Coming Eurasian Alliance. Steve Cortes Published March 15, 2022.
Steve Bannon:
Breaking News, members of the Eurasian Economic Union and China will develop a project for an independent international monetary and financial system. That's just breaking. What does that mean? Steve Cortes to our audience?
Steve Cortes:
What it means is and we’ve spoken about this a lot on this show and I’ve written about a lot of it on my Sub Stack, what Joe Biden is doing right now is jeopardizing is a century literally a century of the hegemony, the supremacy, the primacy of the United States dollar. King Dollar has rained the world over all important transactions in the world occur in the United States dollar. Why? Because the dollar was backed by the full faith and credit of the people of the United States and protected also, by the supremacy of the United States military, the superiority of the US military.
All of that has been put in jeopardy by this weaponization of money against Russia and not against Putin or against the oligarchs but against regular working-class people in Russia who have seen the value of their rubles, and their purchasing power collapse in recent weeks, an unprecedented weaponization of money by Biden. One of the risks, one of the main consequences may well be that we are literally propelling, we are compelling the rest of the world to find currency alternatives because they cannot operate at the whim of the United States in knowing that they can be essentially de-banked. They can be De-dollarized at the stroke of a pen by somebody like Joe Biden.
So, unfortunately, I think the more subtle message in Xi perhaps taking his first foreign trip since the CCP virus was unleashed on the world from Wuhan, his first foreign trip according to the Wall Street Journal is going to be to where? to Riyadh because there is an emerging alliance on the Eurasian landmass India. China, Saudi Arabia, Moscow. Now that's a very complex alliance and there are a lot of nuances to it and a lot of internal conflicts that aligns. But the point is all of them now have a vested interest in not operating in dollars and that matters to regular Americans even if you don't care about International Affairs because King Dollar has kept until Biden has kept inflation contained here for the last 40 years and that is no longer the case.
Done
(Note to reader: I am not affiliated with Bannon’s War Room. I am merely transcribing so that people could and copy and share)