What happens if the US opens the pipeline and becomes a prime exporter of oil to the EU based on the dollar? What happens to the dollar and what happens to the Ruble?
The Ruble will continue its revaluation. As Europe sends gold and Rubles into Russia, Russia may destroy a portion of these Rubles to decrease money supply which increases Ruble value while the accumulation of gold in their reserves will also intrinsically increase Ruble value. It's brilliant.
The dollar will hyperinflate into oblivion. The US could export oil based on the dollar, but nations around the world have already horded the dollar for decades as their reserve currency. They won't need so much of it anymore, and will exchange it for gold, Rubles, Saudi Riyals, Iraqi Dinar (when it hits FOREX again), or Kuwaiti Dinar. Those are the nations that Eurasia will rely on for oil, and they'll sell oil in their own currencies, not the petrodollar. This will dump an unexpected supply of dollars on the FOREX market, and will catalyze the already inflating dollar until Americans don't want to pay $70 for a loaf of bread.
The solution for the US is to remonetize, meaning switch to a new currency. We will cast off the Fed's debt-slave notes with its masonic eye and replace it with whatever we want. It could be a mix of gold, silver, bitcoin, or even foreign currencies as a temporary solution.
The Ruble will continue its revaluation. As Europe sends gold and Rubles into Russia, Russia may destroy a portion of these Rubles to decrease money supply which increases Ruble value while the accumulation of gold in their reserves will also intrinsically increase Ruble value. It's brilliant.
The dollar will hyperinflate into oblivion. The US could export oil based on the dollar, but nations around the world have already horded the dollar for decades as their reserve currency. They won't need so much of it anymore, and will exchange it for gold, Rubles, Saudi Riyals, Iraqi Dinar (when it hits FOREX again), or Kuwaiti Dinar. Those are the nations that Eurasia will rely on for oil, and they'll sell oil in their own currencies, not the petrodollar. This will dump an unexpected supply of dollars on the FOREX market, and will catalyze the already inflating dollar until Americans don't want to pay $70 for a loaf of bread.
The solution for the US is to remonetize, meaning switch to a new currency. We will cast off the Fed's debt-slave notes with its masonic eye and replace it with whatever we want. It could be a mix of gold, silver, bitcoin, or even foreign currencies as a temporary solution.