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?
Sources:
Iran to dump the US dollar in response to Trump’s travel ban — RT Business https://www.rt.com/business/375789-ir…
Iraq nets handsome profit by dumping dollar for euro | Business | The Guardian https://www.theguardian.com/business/…
War in Iraq begins – Mar 19, 2003 – HISTORY.com http://www.history.com/this-day-in-hi… ar-in-iraq-begins
Hillary Emails Reveal True Motive for Libya Intervention | Foreign Policy Journal http://www.foreignpolicyjournal.com/2…
Internationalization of the renminbi – Wikipedia https://en.wikipedia.org/wiki/Interna…
The Untold Story Behind Saudi Arabia’s 41-Year U.S. Debt Secret – Bloomberg https://www.bloomberg.com/news/featur…
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