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> The US isn’t forcing anyone else to use USD. I disagree. The petrodollar is a thing.
by throw_m239339 1y ago
> The US isn’t forcing anyone else to use USD.
I disagree. The petrodollar is a thing.
- lotsofpulp 1y agoWhat kind of force is the US using to force oil sellers to only accept USD (assuming they only accept USD). Are Canada and Russia and Iran only accept USD for their oil sales? https://www.investopedia.com/articles/company-insights/082316/worlds-top-10-oil-exporters.asp https://www.investopedia.com/articles/company-insights/08231...
- foobarian 1y ago> What kind of force is the US using to force oil sellers to only accept USD Ask Saddam Hussein, Hugo Chavez, or Muammar Gaddafi
- WrongAssumption 1y ago20% of oil is traded in currencies other than the US dollar.