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Putin accuses the West of leading the “financial pyramid” in terms of currency – Executive Summary

Perry Shepard by Perry Shepard
October 5, 2023
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Putin accuses the West of leading the “financial pyramid” in terms of currency – Executive Summary
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Today, Russian President Vladimir Putin accused the Western countries that control global currencies of running a “financial pyramid” that conflicts with the interests of the majority of humanity.

He added: “Despite all the current difficulties at the international level, I really hope that we will reach some consensus. Let us not limit ourselves only to the countries that lead, for example, this financial pyramid,” he pointed out during the Third International Olympiad on Financial Security.

Putin considered this behavior “understandable” because it relates to the currencies of these countries, in an indirect reference to the United States and the dollar, which still dominates international trade, but he added that this situation “is not compatible with the current interests of the United States.” The vast majority of humanity.”

The Russian Head of State stressed that the volume of payments between different countries is increasing in national currencies.

The Kremlin head also considered that the world is gradually moving away from “the dictatorship of individual countries that try to impose their economic slavery on others.”

He said, “The world is gradually moving away from the dictatorship of that financial and economic model whose sole goal is debt, submission, and transformation into economic colonies and depriving entire regions of the world of development resources.”

Putin considered that few people want a future governed by these rules.

He stressed: “Therefore, the process of building a multipolar world order, more democratic, honest and fair for the majority of humanity, is simply inevitable and historically necessary.”

The Russian President also explained that modern technologies provide new opportunities for the business community, allow the state to create and support public and financial institutions that reflect the new reality of a multipolar world and develop more convenient and secure international payment systems.

Perry Shepard

“Hardcore alcohol maven. Hipster-friendly analyst. Introvert. Devoted social media advocate.”

Perry Shepard

Perry Shepard

"Hardcore alcohol maven. Hipster-friendly analyst. Introvert. Devoted social media advocate."

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