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Iran Just Officially Ditched the Dollar in Major Blow to US: Here's Why It Matters (Original Post) Equinox Moon Feb 2017 OP
I did not think that Iran used dollars HoneyBadger Feb 2017 #1
This message was self-deleted by its author randome Feb 2017 #2
Add another statistic to Trump's list. randome Feb 2017 #3
Instability??? This will make life actually easier for Iran. DetlefK Feb 2017 #4
You clearly know more about this than I. Equinox Moon Feb 2017 #6
The world will slowly shift to China. A new Silk Road is being built. Trust Buster Feb 2017 #5
Funny.... Xolodno Feb 2017 #7
 

HoneyBadger

(2,297 posts)
1. I did not think that Iran used dollars
Wed Feb 8, 2017, 11:19 AM
Feb 2017

Isn't that why Obama airlifted pallets of non US cash when repaying Iran?

Response to HoneyBadger (Reply #1)

 

randome

(34,845 posts)
3. Add another statistic to Trump's list.
Wed Feb 8, 2017, 11:21 AM
Feb 2017

Muslim ban = failed.
Yemen raid = failed.
Approval ratings = failed.
Mexican wall = failed.
Economic utopia = failed.
[hr][font color="blue"][center]Don't underestimate the long-term effects of a good night's sleep.[/center][/font][hr]

DetlefK

(16,423 posts)
4. Instability??? This will make life actually easier for Iran.
Wed Feb 8, 2017, 11:31 AM
Feb 2017

If their main export is oil, and one of their main clients is China, why would they do business in dollar?????????
If another important export is oriental food, and one of their main clients is Europe, why would they do business in dollar??????

And Iran and Saudi-Arabia hate each other. Iran doesn't give so much as half a fuck about what Saudi-Arabia wants.

Iran is already running an oil-stock where all prices are denominated in their currency Rial. And they have been planning to switch from the US-Dollar to Euro for years. Iran can switch away from the US-Dollar any time they want, they just have to found a new market-place and to find clients willing to buy their iranian oil from that market-place in that currency.

Equinox Moon

(6,344 posts)
6. You clearly know more about this than I.
Wed Feb 8, 2017, 11:44 AM
Feb 2017

Mostly, I wanted to get the word out on DU about and learn from the comments. Thanks!

Xolodno

(6,401 posts)
7. Funny....
Wed Feb 8, 2017, 12:45 PM
Feb 2017

...for some reason I though they already had made the change.

But this does put another nail into the coffin of the American Empire.

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