Paul Rolland | Night Watchman Ministries | Divided Untied America
Former assistant US Treasury secretary warns of dollar collapse, ‘raging inflation,’ digital currency. ‘If Saudi Arabia decides to join with America’s enemies here and start trading oil in different currencies,’ the result will be ‘a complete implosion of the global economic system, but certainly the American economic system,’ Monica Crowley said.
Patrick Delaney Tue Mar 28, 2023 – 6:21 pm EDT
(LifeSiteNews) — A former assistant secretary of the U.S. Department of the Treasury has sounded an alarm warning that should Saudi Aribia begin trading oil in currencies other than the U.S. dollar, the results would include a “complete implosion” of the American and global economic system, “raging inflation,” the “end of the U.S. dollar,” and “the loss of your individual economic freedom.”
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“They’re setting it up so that they can then come to the rescue by introducing central bank digital currencies,” said Monica Crowley, who served during the Trump administration. Such a development would mean “the government will have total access and control of everything you buy and sell and the ability to turn it off like that,” she said, snapping her fingers.
Introducing the interview topic on the Fox and Friends Weekend show, Fox News host Will Cain reviewed the strengthening partnership between Russia and China, with the former committing to make more international transactions in the Chinese yuan instead of the U.S. dollar, which has been the world’s reserve currency for many decades.
In addition, China is recognized as helping to successfully broker a peace agreement between Iran and Saudi Arabia earlier this month, which one commentator called a “diplomatic master stroke that contrasts the U.S. as a warmaker with China as a peacemaker.”
With this strengthened relationship with China, Cain explained how Iran and Saudi Arabia were also considering joining the BRICS economic alliance with Brazil, Russia, India, China and South Africa.
“What happens if these emerging economies move away from the U.S. dollar towards the Chinese yuan?” Cain asked Crowley.
“It’s really hard to overstate exactly how catastrophic the abandonment of the U.S. dollar would be as the world’s global reserve currency,” the former Trump official stated.
Since the U.S. dollar is not backed up by any hard asset such as gold anymore, its strength lies in the “economic power of the United States, and the fact that oil has always been traded in dollars. If that were to end, that would mean the end of the U.S. dollar,” she said.
A former Fox News contributor herself, Crowley explained how U.S. government officials have abused the privilege of having the world’s reserve currency with “wholly reckless monetary and fiscal policy … printing money like crazy” especially in “the last couple of years, which has really devalued the dollar.”
“On top of that now, you do have this perfect storm of Biden’s weakness, his war on American domestic energy production, the Ukraine war, and as you point out, because of all of these things, we’ve got America’s enemies led by China forming a new economic bloc,” she explained.
At this point, “if Saudi Arabia decides to join with America’s enemies here and start trading oil in different currencies, that is going to undermine the entire global economic system,” she said, indicating that this would most drastically impact the American economy.
“If that were to happen, you’d be looking at sky-high inflation just raging Weimar Republic kind of inflation. If you think inflation is bad now, just wait. But more importantly, we would lose our economic dominance and we would lose our superpower status,” she said.
The dominance of the U.S. economic system and its influence on trade has impacted the lives of Americans by keeping prices low, Crowley explained. “So, whether it’s energy prices, whether it’s your food prices, the entire global economic system is reliant on this safe and secure dollar.”
Thus, if the “linchpin” of oil sales in dollars is removed, this will mean “raging inflation so much worse than anything we have ever experienced” in the United States.
“And I’ll tell you, they’re setting it up so that they can then come to the rescue by introducing central bank digital currencies. If they were to do that, and the United States already has a pilot program, that means the loss of your individual economic freedom, because the government will have total access and control of everything you buy and sell and the ability to [instantaneously] turn it off.”
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But how can they call on him (Jesus Christ) to save them unless they believe in him (Jesus Christ)? And how can they believe in him (Jesus Christ) if they have never heard about him (Jesus Christ)? And how can they hear about him (Jesus Christ) unless someone tells them?” —Romans 10:14
In His Service,
Night Watchman
Paul Rolland
Night Watchman Ministries
Make Your Decision for Christ NOW!!!!!!! Time is Up!!!!!!!
Jesus Christ’s Offer of Salvation:
The ABCs of Salvation through Jesus Christ (the Lamb)
A. Admit/Acknowledge/Accept that you are sinner. Ask God’s forgiveness and repent of your sins.
. . . “For all have sinned, and come short of the glory of God.” (Romans 3:23).
. . . “As it is written, There is none righteous, no, not one.” (Romans 3:10).
. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in us.” (1 John 1:8).
B. Believe Jesus is Lord. Believe that Jesus Christ is who He claimed to be; that He was both fully God and fully man and that we are saved through His death, burial, and resurrection. Put your trust in Him as your only hope of salvation. Become a son or daughter of God by receiving Christ.
. . . “That whosoever believeth in him should not perish, but have eternal life. For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. For God sent not his son into the world to condemn the world; but that the world through him might be saved. (John 3:15-17). For whosoever shall call upon the name of the Lord shall be saved.” (Romans 10:13).
C. Call upon His name, Confess with your heart and with your lips that Jesus is your Lord and Savior.
. . . “That if thou shalt confess with thy mouth the Lord Jesus, and shalt believe in thine heart that God hath raised him from the dead, thou shalt be saved. For with the heart man believeth unto righteousness; and with the mouth confession is made unto salvation.” (Romans 10:9-10).
. . . “If we say that we have no sin, we deceive ourselves, and the truth is not in us. If we confess our sins, he is faithful and just to forgive us our sins, and to cleanse us from all unrighteousness. If we say that we have not sinned, we make him a liar, and his word is not in us.” (John 1:8-10).
. . . “And he is the propitiation for our sins: and not for ours only, but also for the sins of the whole world. (John 2:2).
. . . “In this was manifested the love of god toward us, because that God sent his only begotten Son into the world, that we might live through him. And we have seen and do testify that the Father sent the Son to be the Saviour of the world. Whosoever shall confess that Jesus is the Son of God, God dwelleth in him, and he in God.” (1 John 4:9, 14-15).
. . . “But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us. Much more then, being now justified by his blood, we shall be saved from wrath through him. For if, when we were enemies, we were reconciled to God by the death of his Son, much more, being reconciled, we shall be saved by his life.” (Romans 5:8-10).
. . . “For the wages of sin is death; but the gift of God is eternal life through Jesus Christ our Lord.” (Romans 6:23).
. . . “Jesus saith unto them, I am the way, the truth, and the life, no man cometh unto the Father, but by me.” (John 14:6).
. . . “For I am not ashamed of the gospel of Christ: for it is the power of God unto salvation to everyone that believeth.” (Romans 1:16).
. . . “Neither is there salvation in any other: for there is none other name under heaven given among men, whereby we must be saved.” (Acts: 4:12).
. . . “Who will have all men to be saved, and to come unto the knowledge of the truth for there is one God, and one mediator between God and men, the man Christ Jesus.” (1 Timothy 2:4-6).
. . . “For God did not appoint us to suffer wrath but to receive salvation through our Lord Jesus Christ.” (1 Thessalonians 5:9).
. . . “But as many as received him, to them gave the power to become the sons of God, even to them that believe on his name.” (John 1:12).
True Church / Bride of Christ Spared from God’s Wrath:
Romans 5:8-10. “But God commendeth his love toward us, in that, while we were yet sinners, Christ died for us. Much more then, being now justified by his blood, we shall be saved from wrath through him. For if, when we were enemies, we were reconciled to God by the death of his Son, much more, being reconciled, we shall be saved by his life.”
Romans 12:19. Dearly beloved, avenge not yourselves, but rather give place unto wrath: for it is written, Vengeance is mine; I will repay, saith the Lord.
1 Thessalonians 1:10. And to wait for his Son from heaven, whom he raised from the dead, even Jesus, which delivered us from the wrath to come.
1 Thessalonians 5:9. For God hath not appointed us to wrath, but to obtain salvation by our Lord Jesus Christ,
Romans 8:35. Who shall separate us from the love of Christ? shall tribulation, or distress, or persecution, or famine, or nakedness, or peril, or sword?
Jeremiah 30:7. Alas! for that day is great, so that none is like it: it is even the time of Jacob’s trouble, but he shall be saved out of it.
Revelation 3:10 Because thou hast kept the word of my patience, I also will keep thee from the hour of temptation, which shall come upon all the world, to try them that dwell upon the earth.
