Putin believes that the dollar is a tool of American power and allows this country to dominate the world.
• He points to low inflation in the US (3-3.5%) and says that despite this, the US will not stop printing money.
Putin refers to the US debt of 33 trillion dollars and considers it a sign of the country's weakness.
• He says that by 2022, 80 percent of Russian transactions will be done in dollars, but this figure has now dropped to 34 percent.
Putin says that Russia is increasing the use of the Chinese yuan in its transactions, and 70% of the country's transactions are currently done with the yuan and the ruble.
• He says that all countries tend to use the yuan as a trade currency.
Putin points to Russia's neighborhood with China and the long history of relations between the two countries, and says that this could help expand the use of the yuan in trade between the two countries.
Overall, in this interview, Putin has a negative view of the dollar and believes that the currency is losing its strength. He presents the yuan as a possible replacement for the dollar. And the green light is to negotiate with America to stop the war in Ukraine
