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It was not for the oil it was to make sure that the oil would continue to be traded in US dollars if you ask me. Trade happening in dollars is something the US
by dragonelite 5y ago
It was not for the oil it was to make sure that the oil would continue to be traded in US dollars if you ask me.
Trade happening in dollars is something the US can control. Maybe 10~15 years ago I would say the Euro was a possible alternative to the dollar but in 2021 and the spinelessness of brussels its pretty much the dollar with a different stamp on it.