💵 🇨🇳 🇸🇦 China and Saudi Arabia enable trade and investment in local currencies — yuan and riyals.
🔶️ It’s done by a “currency swap agreement” and is worth $7 billion — a small amount that can/will grow.
🔶️ This enables deals that both countries want to keep out of the prying eyes of the USA.
🔶️ Every time you use USD, you must go through US banks, and thus lose privacy.
📎 S.L. Kanthan
THE COST OF THE AMERICAN DREAM HAS EXPLODED.
Owning a home.
Buying groceries.
Driving to work.
Paying insurance.
Even your morning coffee.
Nearly every major household expense costs dramatically more than it did just a few years ago.
Over the last 7 years:
• Coffee: +127%
• Home prices: +60%
• Auto insurance: +51%
• Gasoline: +49%
• Electricity: +44%
• Shelter: +35%
• Groceries: +33%
And that's before paying for healthcare, transportation, or eating out.
This is why so many families feel like they're falling behind even when they get a raise.
The biggest financial problem for millions of Americans is that everything is going up at the same time, while the government keeps showing a 2% inflation target.
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Biohacker Bryan Johnson claimed he cloned himself as a newborn for the purpose of providing him blood and cells.