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'''De-dollarization''' is the process of freeing countries from use of the [[dollar]] to denominate the values of goods and services exchanged. The use of the dollar means that all of the transactions pass through the [[American]] banking system, which means that the [[United States]] has a [[monopoly]] information flow of who is selling what to whom. This American domination and an exclusive [[commercial]] advantage is removed when [[trade]] is conducted in national currencies and do not go through the United States banking system. De-dollarization is a consequence of American abuse of the power of the dollar as the global reserve currency. It is the abuse of the global financial system by spendthrift [[Congress]]es and the [[Federal Reserve Board]] printing excess dollars and offering nothing of real value in terms of manufactured goods or services to back it up, thus robbing the rest of the planet.

'''De-dollarization''' is the process of freeing countries from use of the [[dollar]] to denominate the values of goods and services exchanged. The use of the dollar means that all of the transactions pass through the [[American]] banking system, which means that the [[United States]] has a [[monopoly]] information flow of who is selling what to whom. This American domination and an exclusive [[commercial]] advantage is removed when [[trade]] is conducted in national currencies and do not go through the United States banking system. De-dollarization is a consequence of American abuse of the power of the dollar as the global reserve currency. It is the abuse of the global financial system by spendthrift [[Congress]]es and the [[Federal Reserve Board]] printing excess dollars and offering nothing of real value in terms of manufactured goods or services to back it up, thus robbing the rest of the planet.

==Sanctions regime and the SWIFT network==

==Sanctions regime and the SWIFT network==

 

The [[SWIFT]] network is a [[Brussels]]-based global clearing office for communications between 12,000 [[bank]]s worldwide in which they advise one another about incoming transfers.{{fact}} It is an essential building block in international trade, and was abused by the United States, who pressured the independent managers of SWIFT to conform to [[economic sanctions]] imposed on certain countries not abiding by the so-called "[[rules based order]]" dictated by the [[U.S. State Department]] from [[Washington, D.C.]].{{fact}} The "rules based order", also known as the [[Liberal world order]], by-passes the historically recognized framework of the [[United Nations]] under [[international law]] as having sole authority to impose [[multilateral]] economic sanctions.{{fact}}

The [[SWIFT]] network is a [[Brussels]]-based global clearing office for communications between 12,000 [[bank]]s worldwide in which they advise one another about incoming transfers.{{fact}} It is an essential building block in international trade, and was abused by the United States, who pressured the independent managers of SWIFT to conform to [[economic sanctions]] imposed on certain countries not abiding by the so-called "[[rules based order]]" dictated by the [[U.S. State Department]] from [[Washington, D.C.]].{{fact}} The "rules based order", also known as the [[Liberal world order]], by-passes the historically recognized framework of the [[United Nations]] under [[international law]] as having sole authority to impose [[multilateral]] economic sanctions.{{fact}}