Changes

==Weaponization of the dollar==

==Weaponization of the dollar==

[[File:Notice of Funding Opportunity (NOFO) for Grants to Support the Needs of the LGBTQI+ Community.PNG|right|400px|thumb|Countries that do not allow [[American]] interference in their [[social]], [[political]], and [[economic]] system are threatened with being labeled as [[human rights]] violators and [[economic sanctions]].]]

[[File:Notice of Funding Opportunity (NOFO) for Grants to Support the Needs of the LGBTQI+ Community.PNG|right|400px|thumb|Countries that do not allow [[American]] interference in their [[social]], [[political]], and [[economic]] system are threatened with being labeled as [[human rights]] violators and [[economic sanctions]].]]

[[Elon Musk]] explained the process of de-dollarization succinctly: "The United States has overplayed its hand in weaponizing the dollar with sanctions...You're now seeing a lot of countries de-dollar their transactions because we’ve forced it...And this goes beyond even Russia, China, and Iran...Countries like Brazil or India still want to transact with Russia...They can’t do it with dollars, so we've forced them to de-dollarize their transactions, thus weakening the strength of the dollar in the world."<ref>[https://www.realclearpolitics.com/video/2023/10/25/elon_musk_the_risk_of_world_war_three_is_increasing_rapidly.html Elon Musk: "We Are Sleepwalking Our Way Into World War Three," "Putting Civilization Itself At Risk"], Posted By Tim Hains, October 25, 2023. www.realclearpolitics.com</ref>

[[Elon Musk]] explained the process of de-dollarization succinctly: "The United States has overplayed its hand in weaponizing the dollar with [[economic sanctions|sanctions]]...You're now seeing a lot of countries de-dollar their transactions because we’ve forced it...And this goes beyond even Russia, China, and [[Iran]]...Countries like [[Brazil]] or [[India]] still want to transact with [[Russia]]...They can’t do it with dollars, so we've forced them to de-dollarize their transactions, thus weakening the strength of the dollar in the world."<ref>[https://www.realclearpolitics.com/video/2023/10/25/elon_musk_the_risk_of_world_war_three_is_increasing_rapidly.html Elon Musk: "We Are Sleepwalking Our Way Into World War Three," "Putting Civilization Itself At Risk"], Posted By Tim Hains, October 25, 2023. www.realclearpolitics.com</ref>

Russian State Duma Chairman Vyacheslav Volodin observed on June 14, 2024, "The [[dollar]] has become [[toxic]]...[[Washington, D.C.|Washington]] has totally undermined [[trust]] in the dollar as a global reserve currency by imposing [[illegal]] sanctions against our country’s financial institutions."<ref>[http://duma.gov.ru/en/news/59478/ Vyacheslav Volodin: USD became toxic], June 14, 2024. duma.gov.ru</ref>

Russian State Duma Chairman Vyacheslav Volodin observed on June 14, 2024, "The [[dollar]] has become [[toxic]]...[[Washington, D.C.|Washington]] has totally undermined [[trust]] in the dollar as a global [[reserve currency]] by imposing [[illegal]] sanctions against our country’s [[financial]] institutions."<ref>[http://duma.gov.ru/en/news/59478/ Vyacheslav Volodin: USD became toxic], June 14, 2024. duma.gov.ru</ref>

==Sanctions regime and the SWIFT network==

==Sanctions regime and the SWIFT network==