Bombshell news! The central bank of Iran is announcing that they will be dumping the U.S. dollar in all foreign exchange. If they proceed with this act, it will hit a major blow to the U.S. as yet another country engaging in trade without the reserve currency. They wouldn’t be the first country to suggest using a different currency other than the U.S. dollar. Iraq and Libya also had this idea. Though their fate seemed to quickly take a turn for the worse immediately afterward. Coincidence?
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