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US dollar may lose global currency status, warns Congresswoman

Marjorie Taylor Greene, a Congresswoman representing Georgia, said that "the US proxy war with Russia, in Ukraine" is draining military resources, driving inflation, hurting world trade

WASHINGTON, January 29. /TASS/. The US dollar may cease to be a global currency as, even under heavy sanctions, Russia is showing the world that it can do without the US dollar and Washington’s friendship, Marjorie Taylor Greene, a Congresswoman representing Georgia, said on Sunday.

"Two years ago <…> we were living in times of world peace. Today <…> we are now on the verge of world war. And the innocent victims are each nation’s people paying taxes to those in power. The US proxy war with Russia, in Ukraine (a non-NATO nation), benefits China the most," she wrote on her Twitter account. "It’s draining our military resources, driving inflation, hurting world trade, & Americans don’t support it."

"It could also result in the dollar no longer being the world’s currency. Because of our own arrogance and "fight to save democracy" in non-NATO Ukraine, heavily sanctioned Russia is proving to the world that they don’t need the US dollar or friendship to trade and thrive," she emphasized.