π₯π₯π₯
The USD π΅ for oil expires on June 9, 2024 and wonβt be renewed!
π₯π₯π₯
(twitter.com)
π Notable
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Is this really a bad thing to kill the petro US Dollar? We did just fine without it before the 70βs. It just replaced bullion since bullion was getting scarce, To me there has been a long term negative effect on our dollar dealing in petro and fiat dollars and being the reserve currency. Its called devaluation.
Gold standard ended August 15 1971
Yup! Traded gold for oil in a sense.
Yup! Traded gold for military protection