2 ms·
You are confusing the exchange rate with our ability to basically control word's money supply. The Middle East is basically economic preferences in exchange for
by qaq 10y ago
You are confusing the exchange rate with our ability to basically control word's money supply. The Middle East is basically economic preferences in exchange for security type of setup. One of the consequences of that is that's world's oil trade is denominated in USD. Putin's wet dream is changing that.