The currency war was a quiet battle, no bloodshed, without a bomb or missile. The crucial battle has occurred for a long time; therefore, the people didn’t mention it. Mostly the left-wing party in the democratic countries, such as the Democratic Party in the United States, the ALP (Australian Leninist Party), the French Socialist Party, the UK Labour Party (the UK Leninist Party), and more, they favoured China’s currency, the Yuan, or Renminbi, over the USD, Euro, and others.
In Australia, mongrel communist Kevin Rudd won the federal election in 2007, and he projected using about $5 million of taxpayers’ money to activate the region using Yuan. The concerned politicians, including former Prime Minister Bob Hawke, opposed his crazy idea.
Mr. Kevin Rudd was an active henchman of China’s Communist Party. Australians have no surprise about the mongrel communists in Down Under being deeply involved with the biggest communist country on the planet. The Australian Labor Party, the dangerous domestic thugs, gathered China’s undercover activists. Almost all the elite of the mongrel communist party in Australia include Prime Minister Paul Keating (Former Labor Prime Minister Paul Keating serves on the board of the Chinese Development Bank), and Kevin Rudd, the 28th Prime Minister. In March 2023, Comrade Anthony Albanese and Supreme boss Penny Wong appointed Kevin Rudd as Australia’s ambassador to America. The story of Kevin Rudd is a saga; he prides his Chinese name Lù Kèwén, and the Vietnamese call him Mr. “Cái Mền Rách” / kai-men- ræk/, which means” the torn blanket“. Kevin Rudd reflects the real henchman of China’s Communist Party with an unreliable personality; he exposes flattery in his 420-page thesis “China’s New Marxist Nationalism: Defining Xi Jinping’s Ideological Worldview,” for which he succeeded in his PhD at Oxford University in the United Kingdom. Australians and the world condemn tyrant Xi Jinping. The University board was blinded; they recognized that the thesis of Kevin Rudd was provided by the propaganda machine of China, so his doctoral degree was to be overhauled, including being thrown into the bin. On the other hand, Kevin Rudd could call DOGTOR, not DOCTOR, as the title of the university.
Nevertheless, under the rule of Labor Prime Minister Julia Gillard with Finance Minister Penny Wong, on May 23, 2012, the Reserve Bank of Australia signed a bilateral local currency swap agreement with the People’s Bank of China (PBC). The agreement allows for the exchange of local currencies between the two central banks of up to A$30 billion or CNY 200 billion. Moreover, the left-wing television networks such as Channel Nine, Channel Seven, and Channel Ten currently promote the Chinese Currency (Yuan), despite Australians using the Australian Dollar based on the US dollar.
The people, and the banks, have never trusted the Chinese currency; the so-called Yuan is a deceitful currency. The valuation is doubted, but China conspired to insert its garbage currency into the global bank system and the stock exchange on Wall Street. The European Union, except England, used the Euro. Therefore, Chinese currency influenced the European Union with trade, including food and products made in China. The Chinese electric cars competed with the car industry in Europe. China expanded the Yuan to the Middle East, so Iran, Saudi Arabia, and the UAE became the target. The Iran War woke up, and they supported the US and Israeli army to attack Iran. Recently, the UAE withdrew from OPEC.
Three currencies, such as the US dollar, the Euro, and the Yuan, battled to influence worldwide. Therefore, the world didn’t favor Yuan. Instead, the US dollar is number one, and the Euro is the next. China’s Communist Party failed to dominate its currency. Recently, the currency counterfeit of Euros with €20s, €50s & €100s (8 million fake Euros). In France, the government seized 3 million fake Euros. The US dollar faced the same issues as the Euro, with hundreds of millions of counterfeits. Therefore, nobody makes counterfeit Chinese currency. Possibly, the people recognized who made the counterfeit Euro and the US dollar.
The currency battle occurred for a long time, but it is a crucial battle. Therefore, the credibility of the US dollar cannot be replaced. Moreover, the United States became the strongest army and economy on the planet/.
(thedawnmedia.com)