What's going to happen if the petrodollar collapses and the dollar is no longer the reserve currency?

What's going to happen if the petrodollar collapses and the dollar is no longer the reserve currency?

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1. It is the everything dollar. Not just for pterol
2. Every other currency will have failed first because they are all dollar derivatives (euro, yen, even yuan)

...

on a long enough timescale:
Authoritarian top down CBDC socialism
or
crypto-currency anarcho-capitalism

the contemporary middle ground of the semi-powerful government is eroded as a possibility over time because of technological progress (total financial control, or no control at all in the end)
if the currency is ever successfully separated from the state, it's over for them

WTF is this? I just looked some gym gore videos and apparently a lot of retards are doing pullups like this. This is not a pullup.

XRP will be worth $10,000 USD
(about 0.62 British pounds)

This is the kind of guy that says he can bench press 300lbs and deadlift 600lbs despite not looking at all strong enough. Ego lifters are such niggers

this guy died btw, fractured his spine

I hope so

What if a new country backs their currency with gold? Or if the saudis decide to only sell oil in Yuan?

It’s a cross fit pull up. It’s called a kip-up, kipping pull-up etc

The world finally would know peace.

reserves are an emergency measure anyways. unless tge currency is redeemable in gold then "gold backed" means nothing. besides, the buyer does not choose the denomination of the invoice so any trade that happens with the new country will likely be in usd

americans starve to death thank fucking god

Honestly that's good

Dollar stops being propped up. Countries stop buying American debt.

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1. oil trade is 3% of world gdp, miniscule
2. world is moving out of fossils to Batteries and soon 5-10 years Fusion power = unlimited so called green energy

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>WTF is this
"crossfit"

is this unlimited so called green energy in the room with us right now?

Do you crossfit? You can cross fuck off.

>1. oil trade is 3% of world gdp, miniscule
Doesn't matter if the entire global supply is monopolized to a single currency at the point of a jewish nose

Justice. Sweet sweet justice.

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