The Real Beginning of De-Dollarization: Not Because of Russia, But by Global Awakening

 De-dollarization did not start because of Russia being under sanctions. Instead, the Russia-Ukraine conflict actually helped the US dollar. According to the two-bucket theory, when a so-called “rogue” nation clashes with a “healthy” nation, it creates global economic uncertainty. In such times, people move their savings into the US dollar because of its reserve currency status and endless printing capability.

If any military conflict like China-Taiwan happens, it will again support the dollar. The same happened with the Russia-Ukraine war — the dollar got stronger in value.

But when did de-dollarization actually begin? It was the Indian Prime Minister who first took the lead. Many Middle Eastern countries realized that saving in the US dollar is foolish, as it's fiat currency backed by nothing. Similarly, countries that buy energy and trade in dollars realized that by using the dollar, they are paying for the American lifestyle.

So, energy-importing countries also want to move away from the dollar and toward a new world of “pegged” currencies. This marks a once-in-a-century shift in industrial valuation across the globe.

This time is not like 2008, where massive money printing could bail out the crisis. If the Federal Reserve tries the same strategy now during the coming banking crisis or the domino effect from Japan's banking issues, it may lead to such severe inflation that people might loot shops for survival. That level of chaos is possible.

There are also concerns about India’s gold reserves stored in the UK. The Indian government and RBI must act to prevent asset seizure due to extreme decoupling from the West.

Indian outsourcing sectors that depend on Western clients will suffer badly, as the West may no longer afford to outsource work to Asia. Valuation of currencies will fluctuate. A new negotiation system will rise for global invoicing between fiat and pegged currencies.

Indian stock markets will also face shocks. Western FIIs (foreign institutional investors) may withdraw if there's a liquidity crisis in the West. Even now, Western mainstream media is not discussing de-dollarization honestly. They are blaming climate change or other things instead.

In fact, some reports are pushing bizarre ideas like eating insects. In the EU, insect-based products like cricket-flavored ice cream are already in the market. These experiments may harm public health due to high chemical content in insects.

The West knows that after de-dollarization, Asia will prioritize the Gulf for its limited energy exports and won’t supply cheaply to the West. Crude oil reserves are falling, and Asia's manufacturing/farming output is also limited. So, trade will move toward energy-secure and productive partners, not the West.

That’s why there is a push for insect consumption — it's to cover up the supply chain breakdowns.

In the coming de-dollarized world, even if Asia wants to sell, the West won’t be able to buy as much as before. Stores like Walmart and Costco may look empty. It’s unclear how the Western population will manage.

For NRIs, the suggestion is clear: convert your excess bank savings and 401(k) funds into physical gold. Gold has zero political, geopolitical, counterparty, liquidity, and default risk. That’s why our ancient traditions valued gold — it carries deep civilizational wisdom.

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