The faint reassurance that the dollar still dominates is fleeting because the trend is compounding. Every deal settled in yuan, every gold warrant moved into reserves, every transaction bypassing the dollar erodes the assumption of American financial supremacy, and no press release or pundit can rewrite that reality. The question is unavoidable: who suffers first when the currency that underpins global stability is quietly displaced by deliberate action from a rival nation and the narrative presented to the public hides the stakes entirely?
The crisis is not tomorrow, it is now, unfolding quietly, with consequences that will ripple through trade, interest rates, and geopolitical influence, and every understated headline, every soft-spoken analyst, every story that frames this as minor change is another layer of deception masking the fact that the rules are already being rewritten and those who ignore it may wake up too late.
The Economist reports: “China is ditching the dollar, fast”.
Over 30% of China’s trade in goods & services is now done in its own currency, RMB.
China settles over 50% of its total cross-border receipts (including financial flows) in yuan, up from less than 1% in 2010.
Link:… pic.twitter.com/vojDu0qsFH
— Ben Norton (@BenjaminNorton) September 13, 2025
China is de-dollarizing rapidly. It now uses the renminbi (RMB or yuan) in just over half of cross-border transactions.
The dollar’s share in China’s bilateral trade has fallen from more than 80% to less than 50% since 2010.https://t.co/uQvoXnH7qQ
— Ben Norton (@BenjaminNorton) September 13, 2025
In 2022 Russia’s President Putin called frozen FX reserves of Western sovereign debt ‘imaginary assets’.
In 2025 US Vice President ‘Vance’ (born Bowman) wants you to believe a string of code not backed by anything is superior to assayed, audited, physical gold as reserves.… https://t.co/6OtUVtL0Q1 pic.twitter.com/8RfvHGYPzl
— Kathleen Tyson (@Kathleen_Tyson_) September 14, 2025
Gold prices have topped the inflation-adjusted price set 45 years ago.
Is it too late to get into gold? Why or why not? pic.twitter.com/MZx9F1jbRr
— David Ingles (@DavidInglesTV) September 13, 2025
The Fed is about to make a major policy mistake by cutting interest rates into rising inflation. Gold and silver have broken out, with the rally finally confirmed by mining stocks leading the way. Yet instead of breaking out, Bitcoin is topping out. Time to change horses HODLers.
— Peter Schiff (@PeterSchiff) September 14, 2025
