SWIFT end to the US dollar?
Bible News Prophecy Interviews · Dr. Bob Thiel & Mr. Steve Dupuie
November 4, 2024
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Show Notes
After World War II, the US dollar became the world's primary international
trading currency. In this video Dr. Thiel and Steve Dupuie go over some of
the reasons for that development. They also discussed US dominance of
SWIFT. SWIFT stands for the Society for Worldwide Interbank Financial
Telecommunication. SWIFT provides a network that enables financial
institutions worldwide to send and receive information about financial
transactions. The use of sanctions and the weaponization of SWIFT by the US
is brought out as are alternatives to SWIFT development by Russia (System
for Transfer of Financial Messages-SPFS) and China (Cross-Border Interbank
Payment System-CIPS). Also the BRICS Pay alternative to SWIFT, …