4 ms·
if you use US dollars, then it's an implicit agreement to us laws. hence if you break US laws, the US will persecute you. China, Russia etc will likely be trans
by dzonga 5y ago
if you use US dollars, then it's an implicit agreement to us laws. hence if you break US laws, the US will persecute you. China, Russia etc will likely be transacting in less US dollars in the future. So they don't run foul of USA sanctions
- sschueller 5y agoThat's why the rest of the world needs to stop using the dollar when not dealing with the US.
- mikeblackson 5y agoEveryone on the planet is planning to route around the US financial system. We shot ourselves in the foot over a trade war we lost.