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Marine Veteran Driving Uber Killed in California Carjacking Florida Abortion Providers Fined $500K Over 24-Hour-Wait Law Pentagon Urging Silicon Valley Startups Into Arms Race Business Israeli PM Netanyahu Fires Defense Minister Army Pulls Recruiting Ads After Jonathan Majors' Arrest Protester Fighting for Life After France Clashes 90% of Babies With Down Syndrome are Killed in Abortions, We Must Fight for Them Loving the Unlovable FDIC Insurance, Credit Suisse and the Day the Fed Killed Europe US Studies How To Guarantee All $18 Trillion In US Bank Deposits The Radical Pro-Abortion Bills that Threaten Colorado The Secret Plan To Bailout Moderna "We Are Headed for Another Train Wreck": Bill Ackman Blames Janet Yellen for Restarting the Bank Run Abortions are Not Safe, They Just Kill Babies and Hurt Women Here’s How I Know You’ll Survive This John Bolton’s Prominence In The Media Proves Our Entire Society Is Diseased The 5th Circuit Rebukes the FDA for Flouting the Law While Imposing a De Facto Ban on Flavored E-Cigarettes A million lives later, I cannot forgive what American terrorism did to my country, Iraq Brickbat: Don't Forget To Look Inside Is Secession Fanciful? It’s Already Underway, Says Professor Federal Judge Strikes Down California Gun Law as Unconstitutional North Carolina Second Amendment Protection Bill Sits on Governor’s Desk Brickbat: Walk This Way, Don't Drive How government casually violates the letter and spirit of the First Amendment Legalize All Drugs. NOW. Lord Monckton DESTROYS Climate Alarmism as Communist Scheme Dr. Rand Paul Joins Wake Up America on Newsmax - March 23, 2023 Fight Abortion Holocaust Like Christians Resisted Nazis: Seth Gruber Ranking Member Rand Paul Opening Remarks at HSGAC Hearing on Overclassification - March 23, 2023 Interview with Matt Shea on Patriot Radio - 2A For Today! F4F | Interview with Kerri Ferguson RE: Father Provoke NOT Your Child Hardship Grants for Single Mothers TikTok CEO refuses to say Communist China has 'persecuted' Uyghurs Poll: Biden's approval plunges, approaches lowest point of his presidency Debates in Knesset on Judicial Review Invoke Federalists and Antifederalists New York Agrees to Pay $250,000 in Legal Fees in Religious Discrimination Case Rolling Stone Omitted Truth About Reason for FBI Raid on Journalist Virtue Signaling by Scientific Journals Backfires, New Study Finds A forgotten hero stopped the My Lai massacre 50 years ago today Liberalism Needs No Enemies US Offers Slovakia Helicopters as Reward for Sending MiG-29s to Ukraine Not Your School’s Reading List 10: Inspiring Tales for Young Men People Should be “Seething Mad” Over COVID – And Much More Pentagon Speeds Up Plans to Get Abrams Tanks to Ukraine Biden sex-assault accuser has bad news for Joe, drops hint as to what's coming HOW IRAN WON THE U.S. WAR IN IRAQ Four Leading Republicans Urge Biden to Send Cluster Bombs to Ukraine Nolte: Democrat-Run City Bans New Gas Stations to Fight Climate Change Report: Claims against Biden threaten his censorship regime State issues emergency rule restricting 'inhumane science experiments' on children Status: Not Logged In; Sign In Economy See other Economy Articles Title: Why the End of the Petrodollar Spells Trouble for the US Regime Source: Ludwig Von Mises Institute URL Source: https://mises.org/wire/why-end-petrodollar-spells-trouble-us-regime Published: Jan 31, 2023 Author: Ryan McMaken Post Date: 2023-01-31 18:32:53 by Charles_Byrd Keywords: None Views: 48 On January 17, the Saudi minister of finance, Mohammed Al-Jadaan, announced that the Saudi state is open to selling oil in currencies other than the dollar. “There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar, whether it is the euro, whether it is the Saudi riyal,” Al-Jadaan told Bloomberg TV. If the Saudi regime does indeed embrace substantial trade in currencies other than the dollar as part of its oil-export business, this would signal a shift away from the dollar as the dominant currency in global oil payments. Or measured another way, this would signal the end of the so- called petrodollar. Click for Full Text! Post Comment   Private Reply   Ignore Thread

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