Erdogan: “We need to end domination of dollar in international trade”
On September 2, the President of Turkey Recep Tayyip Erdogan called Kyrgyzstan to
stop using dollar in mutual payments, speaking at the Kyrgyz-Turkish business forum. Erdogan noted that Turkey promotes trade and economic cooperation with China and Russia using its own currency. He called to consider the same opportunities in cooperation with Kyrgyzstan.
Of course, Erdogan called to non-dollar international trade, however, he did not specify which monetary standard he is going to use as main currency. In other words, every country has its own currency and each currency is evaluated in relation to the US dollar. Its monetary value always changes in relation to dollar. Consequently, every country in its trade relations with other countries will still evaluate its good in relation to dollar because the USA already withdrawn gold and silver from universal monetary equivalent. So, Erdogan’s words are nothing but political rhetoric and populism. The USA practically wants to demonstrate the whole world the power of its financial system and show that all states are under their influence. As the dollar system can be ruined only by a system based on gold equivalent. Erdogan says about refusing dollar, but he did not dare to offer monetary circulation in gold. Because the offer to use gold as main currency would be perceived as an attack against global economic system. In order that gold is introduced in the monetary system, it is required to change existing international global economic policy. It is only possible with establishment of a new ideological system of global government. Erdogan is only a lackey of existing global system of unbelief! His political strategy is similar to behavior of a goat that leads a herd of sheep to slaughter-house. He brings to a dead end the countries that followed him and aggravates despair and faith in their own weakness in front of the global system of unbelief.