21
Biden has bend the knees withdrawing all sanctions trying to get Iran to sell oil in US dollar again, good luck with that when Iran now use Yuan for all their oil and is now US sanctions proof (media.patriots.win)
posted ago by kek_saved_the_world ago by kek_saved_the_world +21 / -0
2 comments
2 comments share save hide report block hide child comments
Comments (2)
sorted by:
▲ 1 ▼
– MajorBiden 1 point ago +1 / -0

Death of the PetroDollar, exactly what China wants. Used to be that any country that wanted to trade oil with OPEC had to use the USD, forcing them to keep a supply of USD on hand, allowing us to basically export our inflation and maintain the value of the USD against all other currency. Brilliant

permalink save report block reply
▲ 1 ▼
– purepepelegends 1 point ago +1 / -0

In September 2019 no less. And this is the first I've heard of it. This is major significant geopolitical context. World at war.

permalink save report block reply