BOOM! Saudi Arabia Announces End of US Petro Dollar
(halturnerradioshow.com)
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Is this bad??? kek kek kek kek
For the short term? Yes, of course it's bad. It's our currency being shat on.
Long term? Hopefully not. Something has to give to dethrone the federal reserve.
I think the fact that the US dollar would NOT be the world reserve currency would make is so much easier to establish a new dollar backed by precious metals.
We will see.
Our currency never should have had control handed to a non-federal organization, especially an organization that is deliberately named "federal" to misdirect.
That we currently have no control over our own currency is just repulsive to be honest.
The whole system of private banks issuing currencies for natio states without audits is fucked and should be BTFO
☝️ this in spades. ( WTF and SPECIAL above )The fed should not be in charge of our currency, the treasury should ! END THE FED !
It depends. If certain Anons are correct, it's fantastic. If they are wrong, millions of people are going to starve as the bottoms drops out of the dollar.
Bottom dropped a long time ago.
Exactly. It’s just been on life support, time to pull the plug!
It’s not even been on life support they just kept it in the freezer to stop decomposing
If so, it's like the old Roadrunner cartoons where Coyote just hangs in the air for several seconds then looks down to see nothing beneath him and then falls.
Could mean even worse inflation than we have now.
That is inevitable I'm afraid.
Hyperinflation is a word we shall be getting to know all to well.
What exactly does hyperinflation look like and mean to society?