Russian President Putin Criticizes U.S. Dollar as Political Tool
Russian President Vladimir Putin has criticized the United States for using the dollar as a political tool in conflicts. In an interview with Tucker Carlson, Putin expressed his disapproval of the Biden administration leveraging the dollar for foreign policy struggles. The U.S. imposed strict economic sanctions on Russia following its attempted invasion of Ukraine, aiming to limit the country’s access to resources and shrink its economy. Putin stated that using the dollar in this way is a strategic mistake and a grave error. Despite his remarks, the U.S. dollar remains dominant in global reserves, with a 59.17% share in Q3 2023 according to the IMF.
Carlson Advocates for Bitcoin’s Potential
Tucker Carlson shares Putin’s criticism of the dollar. At a business conference in Las Vegas, Carlson spoke about Bitcoin’s potential to liberate individuals from authority control over currency value. He believes that Bitcoin offers independence from those who historically devalue currency. Carlson’s perspective stems from concerns about financial censorship in the U.S., citing incidents where Bitcoin miners had their bank accounts frozen due to government interference. He sees Bitcoin as an escape route from such monetary control.
Controversy Surrounding Carlson’s Interview
Following the interview with Putin, other media outlets criticized Carlson for not challenging Putin on various topics and accused him of catering to his far-right audience during an election year. It is worth noting that Donald Trump, whom Carlson supports, recently suggested encouraging Russia to attack NATO allies. Putin denies intentions of attacking NATO nations, but the White House remains skeptical of his statements and urges caution when interpreting his words.