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China is also on board for the post-dollar world order. Should be easy to see how carbon credits would replace the petro-dollar in this hypothetical.
by aww_dang 7y ago
China is also on board for the post-dollar world order. Should be easy to see how carbon credits would replace the petro-dollar in this hypothetical.
- ovi256 7y agoUnless they also build a worldwide banking infrastructure, like the US has in the current inter-bank transfer infra (all centralized through NYC), the availability of a post-dollar currency is not enough. There are already a bunch. There's the euro-dollar, all the big reserve currencies. What's missing is that infra.