RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Currencies

President of Kenya tells citizens to get rid of US dollars.

Rate Captain by Rate Captain
April 4, 2023
in Currencies
Reading Time: 3 mins read
A A
0
President of Kenya tells citizens to get rid of US dollars.
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

AlsoRead

CBN Reopens Official FX Window to Licensed BDCs with $150,000 Weekly Purchase Cap

Naira Opens February at N1,354.9/$ in Official Market , Strongest Level Since May 2024

CBN Fully Deploys S4 Platform as Exclusive Gateway for Government Securities Auctions

The President of Kenya recently announced to all citizens they should get rid of any U.S. Dollars they may be holding because they will become worth less within weeks.
William Kipchirchir Samoei Arap Ruto, Ph.D, CGH; is a Kenyan politician who is serving as the fifth and current president of Kenya since 13 September 2022.
Prior to becoming president, he served as the first deputy president of Kenya from 2013 to 2022.
Today, in a nationally televised speech in Kenya, Ruto said “Those of you who are holding dollars, you shortly might go into losses. So you better do what you have to do because this market will be different in a couple of weeks.”
This stunning announcement gives credibility to a RUMOR that has been circulating for over a year, that 142 countries around the world have secretly agreed to what they call “Operation Sandman.”
According to the RUMOR, Operation Sandman will “put the US Dollar to sleep” by having all 142 countries repudiate the currency on the same day, and refuse to continue accepting it for payment in Trade.
Countries around the world began planning this when they witnessed the then-Democrat-Controlled US Congress, go on a spending spree of several TRILLION Dollars in Omnibus Bills. Those countries realized there is nothing backing the value of US Dollars and they saw that the US Congress has no plans at all to reign-in spending.
One country’s Finance Ministry recently told the US, “We are no longer willing to accept ones and zeros in a bank computer as actual payment for real goods.”
The countries agreed that holding US currency was becoming foolish because it was becoming worthless on its face, thanks to all the rampant over-spending by the US Government.
Now, it appears those countries may actually take action “within a couple weeks.”
If countries around the world repudiate the Dollar as payment for goods in trade, then they would halt providing manufactured goods or raw materials unless paid in some currency OTHER THAN DOLLARS.
Since the U.S. barely does any manufacturing at all anymore, thanks to the business nitwits who thought it was a good idea to convert the US economy to a “service economy” then products we buy in stores will simply run out and we will be unable to re-stock because no one will want our money.
Among the business nitwits are also those who pushed for “Free Trade” claiming it would improve sales of American-made goods overseas if America agreed to halt Tariffs on all imported items.
The government bought-into the idea, not realizing – or not caring – that these very businessmen weren’t at all interested in selling more American goods overseas. What they were interested in was shipping American JOBS overseas, taking advantage of cheap labor, then shipping those exact same products back to the USA to sell at the same high prices . . . . while pocketing the profit from the new, foreign, cheap labor without having to pay Tariiffs.
The Businessmen, their corporate Boards of Directors, and Commerce Organizations who touted “Free Trade” were the ones who moved American jobs overseas and now, the country barely manufactures anything, anymore.
So here we are, years later, and thanks to those businessmen, and the federal politicians who foolishly believed their lies about “Free Trade,” we have almost no manufacturing. Countries around the world seem to be actually planning to stop accepting the US dollar as payment, so we won’t be able to buy anything because it’s all made overseas now!
Retaliation against the people who did this should be swift and ferocious when Americans can no longer buy even life’s basics because corporate titans and certain others stripped our country of manufacturing.
Previous Post

NIPOST to launch digital postcode in June.

Next Post

How to identify the key factors before investing in a company

Related News

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

CBN Reopens Official FX Window to Licensed BDCs with $150,000 Weekly Purchase Cap

by Stephen Akudike
February 12, 2026
0

The Central Bank of Nigeria (CBN) has granted licensed Bureau De Change (BDC) operators renewed access to the Nigerian Foreign...

Nigeria Plans New FX Rules, Targeting 750 Naira Exchange Rate

Naira Opens February at N1,354.9/$ in Official Market , Strongest Level Since May 2024

by Stephen Akudike
February 10, 2026
0

The Nigerian naira kicked off February 2026 with a robust performance in the official foreign exchange market, closing Monday at...

NEC Affirms CBN $3 Billion Loan for Naira Stability

CBN Fully Deploys S4 Platform as Exclusive Gateway for Government Securities Auctions

by Stephen Akudike
February 10, 2026
0

The Central Bank of Nigeria (CBN) has confirmed the complete operational rollout of its Scripless Securities Settlement System (S4) as...

Naira Surges Against US Dollar, Falls Below N1,000 Mark

Larger Disparities Boom Between Black Market and Official Rates

by Stephen Akudike
February 5, 2026
0

The gap between Nigeria’s official and parallel (black market) exchange rates has widened to over 6%, reviving fears of renewed...

Next Post
How to identify the key factors before investing in a company

How to identify the key factors before investing in a company

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Nigeria’s Stock Market Records N1.81 Trillion Gain in July.

NGX All-Share Index Surges 6.16% to Record 182,313.08 Points, Market Cap Hits N117.03 Trillion

February 16, 2026
Oil Marketers Dismiss Claims of Dangote Refinery Selling Fuel in Dollars

Dangote Refinery Sparks Intense Competition in Nigeria’s Petrol Market with Sharp Price Reduction

February 16, 2026

Popular Story

  • Naira Surges Against US Dollar, Falls Below N1,000 Mark

    CBN Opens Official FX Window to BDCs with $150,000 Weekly Limit  

    0 shares
    Share 0 Tweet 0
  • NGX All-Share Index Surges 6.16% to Record 182,313.08 Points, Market Cap Hits N117.03 Trillion

    0 shares
    Share 0 Tweet 0
  • Brent Crude Holds Above Nigeria’s 2026 Budget Benchmark at $67.78

    0 shares
    Share 0 Tweet 0
  • Telecom Sector Sees Dramatic FDI Surge to $208.51 Million in Q3 2025

    0 shares
    Share 0 Tweet 0
  • Dangote Refinery Sparks Intense Competition in Nigeria’s Petrol Market with Sharp Price Reduction

    0 shares
    Share 0 Tweet 0
RateCaptain

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>