RIP US DOLLAR

Press F for America

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Why is a weaker dollar THE END for America if China does everything it can to depreciate the yuan against the USD? Same as Germany and the Euro?

oh no that heckin negrodollar

You know, the Kingdom of Saud is a dictatorship. It would be a shame if someone brought them democracy and took their oil.

I don't think you understand how important the petrodoller is the the US economy.

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and why are we nearly at euro dollar parity then?

Caveman. Years are passing, technology is evolving,

every day we come closer to not needing the petrodollar.

Do we still need horses? Newspapers?

I really do not fear these Cave people.

Maybe you should explain then...

one step closer to blockchain domination

You people think inflation is bad right now?

When all these countries stop trading EACHOTHER in the US dollar, the normally traded & excess US currency is going to find its way back to American soil which will cause the worst inflation the world has ever seen. The practicality of the dollar as currency will cease to exist and fairly quickly too.

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This is just pressure for the US not to sign the Iran deal.

Saudi Arabia is fucking done if they pull this stunt against the dollar.

It never ceases to amaze me how many Americans have no idea about America or what it means to be American or how their fucking country operates.

Neato. So what is the answer to my question then?

>Saudi Arabia is done if they pull this stunt
No the fuck they aren't? Given that it's the Biden administration and the dumb fucks saber rattling about a country 5,000 miles away that no Americans actually give a shit about, plus the disastrously shit Iran deal they're negotiating and the Afghanistan pullout it's no fucking wonder the Saudis are pulling this.

>Implying countries wouldn’t still keep massive amount of reserves of the most stable currency on the planet.

and just like that le multipolarity is dead before it even begun, let's see who'll win the second cold war

Head Office is being relocated.

Oil is sold in dollars in return for US protection.
As a result all countries need huge quantities of dollars.
These huge quantities allow the Fed to print lots of dollars because the inflation from money printing is 'exported' to the world's dollar holders.
This allows the US to spend the newly printed dollars on welfare, health, defense, transport etc
No Petrodollar means no dollars for public spending means Superpower collapse probably bigger than the collapse of Soviet union.

Why are Saudis unhappy with America again?

This guy gets it.

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This too. When dollar becomes useless for buying oil it will lose its value very quickly. Other countries will offload their unwanted dollars to the only economy that accepts US dollars, the US.

These dollars rushing back to buy American businesses, stocks, shares, land will push up US prices to Hyperinflation levels

The disastrous Afghanistan pull out and the fact that the Democrats are so dead set on reviving on the Iran deal of 2015 while kow-towing to the Ayatollahs. Iran is Shiite, while Saudi Arabia is Sunni, and historically there's been massive violence perpetuated against each other on the scale Christianity could only dream of. So basically Biden is spitting in the face of the deal that Trump worked out with the Middle East and Israel all because of 'Leading from behind' while guaranteeing Iran gets the nuke sooner than later. Which further destabilizes an already volatile region.

The dollar is essentially the petro dollar. If the petro part is removed, there is nothing left to back it. Just a jewish printer, a trillion in debt and some nukes.

The saudi royals only exist because of anglomurican favors. They get away with crazy shit because they have petrol as long as they are allies. But if they threaten the dollar, they will get removed in no time.

The funny thing is that somehow americans think that other countries should use their fucking currency when trading between each other for god knows what reason. Well, they might just pull another gaddafi and just kill the entire leadership for daring to use other money.

Did anyone else read
>"accepting yarn"

>as the Saudi unhappiness grows with Washington
What did we do to piss them off?

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