2 ms·
You buy oil with USD. P.S. Currencies allow you to exchange debt obligations with entities you don't know and for certain entities to issue debt. P.S.2 I thin
by eftychis 4y ago
You buy oil with USD.
P.S. Currencies allow you to exchange debt obligations with entities you don't know and for certain entities to issue debt.
P.S.2 I think you should formally define your denotation of value, as you do not seem to follow the usual definition. Same for price.
- jbverschoor 4y agoFor now.. until it’s not the dollar anymore
- chii 4y ago> until it’s not the dollar anymore which you'd better hope is not within your life time, because the implications is that the US has fallen, and that a new world order would've taken over. It is unlikely that you, as a citizen of the west (presumably) is going to fare as well as you are today.
- jbverschoor 4y agoI'm not from or in the US, and I don't get paid from a US company. I'll get popcorn and enjoy the show
- bombolo 4y agoAs a non-USA citizen, that would be probably good for me. But I know the USA would manufacture some bogus claims about dangerous weapons and go to war rather than letting it happen.