MTZ@lemmy.world to Lemmy Shitpost@lemmy.world · 6 hours agoShart of The Deallemmy.worldimagemessage-square26fedilinkarrow-up1364arrow-down12
arrow-up1362arrow-down1imageShart of The Deallemmy.worldMTZ@lemmy.world to Lemmy Shitpost@lemmy.world · 6 hours agomessage-square26fedilink
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up6·3 hours ago They are intention demolishing the Petrodollar. I think Climate Change and explosion of alternative energy sources is doing that. They’re just trying to evade Western financial restrictions. Dollars aren’t useful to a country that’s cut out of the LIBOR and SWIFT banking systems.
minus-squareshawn1122@sh.itjust.workslinkfedilinkarrow-up1·53 minutes agoIt’s not just about how useful the dollar is to Iran, it’s about making it less useful to other countries also. If Iranian oil is back on the market there will be a lot of interested buyers. If it’s only sold in yuan or crypto. The petrodollar wasn’t going to last forever youre right but there are many parties interested in ending it sooner than later.
minus-squareunemployedclaquer@sopuli.xyzlinkfedilinkEnglisharrow-up2arrow-down1·edit-22 hours agoSo what? IF the dollar collapses, we’ll slam in a crypto Edit slash s
I think Climate Change and explosion of alternative energy sources is doing that.
They’re just trying to evade Western financial restrictions. Dollars aren’t useful to a country that’s cut out of the LIBOR and SWIFT banking systems.
It’s not just about how useful the dollar is to Iran, it’s about making it less useful to other countries also.
If Iranian oil is back on the market there will be a lot of interested buyers. If it’s only sold in yuan or crypto.
The petrodollar wasn’t going to last forever youre right but there are many parties interested in ending it sooner than later.
So what? IF the dollar collapses, we’ll slam in a crypto
Edit slash s