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Video: Russia and China’s Secret Plan to Destroy the Dollar

Jeff D. Opdyke · July 7, 2022 ·

Last week, I shared an article with you about a conversation I had some years back with a former Soviet Politburo economist in Estonia. (If you missed that column, you can read it here.)

During that conversation, he shared with me a secret plan that Russia and China had developed to undermine the dollar, by creating a new currency based on hard assets like oil and food.

Back then I wasn’t sure, but I felt like he was telling me the truth. Now, I have confirmation that he was.

In recent days, a news story has broken about this new hard-asset currency…and that could be very bad news for the dollar.

So, I sat down with Field Notes Managing Editor Ciaran Madden to explain what this new currency is and its potential implications for the greenback.

Check out the video of our conversation below…

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About Jeff D. Opdyke

Jeff D. Opdyke is an American financial writer and investment expert based in Portugal. He spent 17 years covering personal finance and investing for the Wall Street Journal, worked as a trader and a hedge fund analyst, and has written 10 books on such topics as investing globally and personal finance.

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