Iran as a Threat to US Dollar Hegemony
Well, it appears to be happening. Iran has announced it is opening its oil bourse on March 20 – which will trade oil in currencies other than the accepted petrodollar – the USD.
It has been hinted at many times that the real threat Iran poses is not the non-existent nuclear one, but rather the threat to the USA’s status as “printer” of the world’s reserve currency. Iran is challenging that.
Iran Presses Ahead With Dollar Attack
Categories: Geopolitics
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