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>why did John Kerry feel the need to talk up the financial importance of the recent deal with Iran Because politics? Again, what is the alternative to the dol

>why did John Kerry feel the need to talk up the financial importance of the recent deal with Iran Because politics? Again, what is the alternative to the dollar? It's completely reasonable that the global community diversifies away from the USD. But any specific basket they come up with is going to be heavily titled towards the strongest currency of the biggest economy on the planet. Otherwise, it's useless.

ZenoArrow 11y ago
> "Because politics?" There's a bit more to it than just that, protecting the dollar is also part of it. If you want to understand where I'm coming from better, would recommend watching the History of Oil (it's entertaining as well as informative): http://youtu.be/GIpm_8v80hw http://youtu.be/GIpm_8v80hw