To: PapaNew
The dollar went from the gold standard to petrodollars. IE the worth of the dollar was pegged to oil. And was the standard trading currency for oil.
Now that the dollar is weak and being printed like water and the debt is monstrous and only getting bigger, that’s where many oil nations want to peg trading to other currencies.
8 posted on
08/26/2011 6:23:27 PM PDT by
Secret Agent Man
(I'd like to tell you, but then I'd have to kill you.)
To: Secret Agent Man
printed like waterI do not recommend you try this on you home printer...
60 posted on
08/26/2011 9:32:54 PM PDT by
Onelifetogive
(I tweet, too... @Onelifetogive)
To: Secret Agent Man
printed like waterI do not recommend you try this on your home printer...
61 posted on
08/26/2011 9:33:45 PM PDT by
Onelifetogive
(I tweet, too... @Onelifetogive)
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