© Sergei Bobilev/TASS
Washington itself is undermining the US dollar as the world’s reserve currency by using it as an instrument of sanctions abroad, while raising the national debt and inflating at home, said Russian President Vladimir Putin.
“It seems to me that the United States is making a very big mistake by using the dollar as a sanctions instrument… by preventing payment in dollars for the sanctioned products,”
Putin told CNBC’s Hadley Gamble on Wednesday, after a panel at the Russian Energy Week.
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WNU Editor: Amazing.
Not only is Russian President Putin correct. But it looks like he is more worried about the state of the U.S. dollar as a reserve currency than most people in Washington.