the empire has mortally wounded the reserve currency, the dollar. its death is now certain. its only a matter of time before its as valuable as weimar germany's or zimbabwe's;

“If you want gas, find roubles.” Those are the words of Vyacheslav Volodin, the speaker of the lower house of the Russian parliament, as reported by the BBC this week. The story follows up with a bombshell that has been scarcely reported:

The Kremlin also said Russia could start demanding payment in roubles for other commodities such as fertiliser, grain, metals and timber.

This means that Russia isn’t merely demanding rubles for gas and oil exports; it’s also going to demand rubles for commodities.

The ruble requirement begins today. It won’t be demanded across all energy contracts immediately, but it will be rolled out across existing contracts over the next several weeks and months, Russia says. Many European nations (like Germany) depend almost entirely on Russian gas to power their economies. The day that the gas stops flowing is the day that Germany’s economy plunges into collapse, suffering irreversible economic damage due to mass bankruptcies of German-based businesses.

“Germany and Austria have taken the first steps towards gas rationing,” the BBC adds. Austria relies on Russia for 80% of its natural gas.

Western nations cut Russia off from dollars and euros, yet they insist on paying Russia with the very same dollars and euros that Russia can no longer use

European leaders have said they refuse to pay for Russian energy exports with rubles. But these same nations took part in a financial system de-platforming of Russia that means Russia is largely unable to use dollars or euros. So there’s no point in Russia trading gas for fiat currencies that it can’t use and doesn’t want......read more......