Saudis Confirm Non-Dollar Oil Trade Plans In Davos
I will explain to you what this means because it is really important to understand. I have explained this many times because many ignorant retards believe that trading oil for non-US Dollar currencies is somehow BAD for the dollar:
Oil is priced in US Dollar. That means that the value of oil is tied to the value of the USD.
It then makes absolutely no fucking difference in what currency oil is traded in because the price is still linked to the value of the USD.
Oil has been traded in other currencies than USD for a very long time. it makes no difference.
Apart from that, what does that have to do with Germany's natural gas supplies?
I will explain to you what this means because it is really important to understand. I have explained this many times because many ignorant retards believe that trading oil for non-US Dollar currencies is somehow BAD for the dollar:
Oil is priced in US Dollar. That means that the value of oil is tied to the value of the USD.
It then makes absolutely no fucking difference in what currency oil is traded in because the price is still linked to the value of the USD.
Oil has been traded in other currencies than USD for a very long time. it makes no difference.
Apart from that, what does that have to do with Germany's natural gas supplies?