End of the Petrodollar,now what?

Post Reply
User avatar
BigBarney
Member
Posts: 2325
Joined: Wed. Feb. 08, 2006 2:48 pm
  • Quote

Post by BigBarney »

The agreement is done... Now no one needs to buy the dollar...

https://www.fxstreet.com/analysis/the-petrodollar ... 2406141938

Now countries can buy or sell oil in any currency...

We'll soon see the dollar debased and trading in other commodities...

https://en.wikipedia.org/wiki/International_use_o ... .S._dollar



BigBarney

grumpy
Member
Posts: 13674
Joined: Sat. Jan. 02, 2010 12:28 am
  • Quote

Post by grumpy »

Thats been going on for years now, nothing new.


User avatar
BigBarney
Member
Posts: 2325
Joined: Wed. Feb. 08, 2006 2:48 pm
  • Quote

Post by BigBarney »

83 countries have gone belly up in the last 200 years...

About one every 2.5 years...

Bigbarney

Post Reply

Return to “The Coffee House”