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>net exporter Doesn't matter, SA sells its oil for USD to everyone else, aka they have to buy the dollar to buy the oil, that's what keeps that fiat afloat (+a
by chaosbolt 4y ago
>net exporter
Doesn't matter, SA sells its oil for USD to everyone else, aka they have to buy the dollar to buy the oil, that's what keeps that fiat afloat (+a huge fleet ready to kill civilians anywhere if you were to not comply)
- LatteLazy 4y agoThe only reason they sell in USD (aside from stability) is that they buy things in USD (weapons, financial services, US investments). THAT is what keeps the US dollar value higher (which isn't a good or bad thing in and of itself). This isn't a conspiracy, it's no different to how you sell your labour in USD instead of asking for bitcoin...