The Federation Council Explained the Hysteria of Biden's Threat to Stop Operations with the Dollar in Russia
“He (Biden) has been in politics for a long time and I think it has to do with his environment. Whoever prepares these materials for him is a little carried away by such rhetoric of threats, constant horror stories, ”the senator admitted.
Dzhabarov pointed out that the dollar is a currency imposed on the world by the Americans and is not backed by anything. The fewer countries that are part of the dollar zone, the worse it is for the Americans themselves. Against the background of such threats from the United States, other countries, including China - the holder of a huge amount of dollars - will think about whether it is worth taking risks and investing their capital in the American currency, the parliamentarian emphasized.
Russia, according to him, will not be scared by threats from the United States to deprive banks of the opportunity to conduct transactions with the dollar, as well as disconnect the country from the SWIFT payment system. In the country, the senator pointed out, other payment systems are gradually being formed that can replace SWIFT, and with some partners Moscow is ready to make payments in national currencies.
“I think this is all such hysteria, unfortunately, that Biden himself is joining in along with [U.S. Secretary of State Anthony] Blinken and his other aides. We still need to calm down everyone in America and Europe, wait for the written answers (on security guarantees) that they give us, evaluate them, and then we will make decisions specifically where we should go next, ”said the senator.
He stressed that Russia does not require any special position, but asks to be left alone and stop advancing towards its borders.
Earlier on the same day, Biden said at a press conference that in the event of an escalation of the situation around Ukraine, Russian banks would not be able to conduct transactions with the US dollar. At the same time, according to him, such actions threaten a negative impact on the American economy.