Israel adds China's RMB to Central Bank reserves, cuts USD holdings

Israel’s is cutting its holdings of United States Dollars and adding the Chinese Yuan, Canadian Dollar, Australian Dollar and Japanese Yen.

With the weakening position of the United States Dollar, not a particularly unexpected move.

Overuse of the magic money machine tends to be damaging.

…and if “we” lose the status around the world of our dollar being the gold standard, the life of an average American will significantly decline.

And yet the cement head in cheef is all for printing more.
Who is the clown that is whispering in J’Biden’s deaf ears?

It would appear as though selling out our children, and then our grandchildren’s children, was not the right move. :wink: