Yeah, I’ve had that thought, except I’ve never been sure why Iraq would be the lynchpin on having oil priced in dollars. “All of them need to be onboard” and “if one leaves, they’ll all leave”, maybe? That seems to have been what was up with Qaddafi, but what/where was Iraq’s movement?

Hadn’t heard about the Euro failover plan or Triffin Dillemma, will have to read up on those!

Yeah, I’ve had that thought, except I’ve never been sure why Iraq would be the lynchpin on having oil priced in dollars.

Hadn’t heard about the Euro failover plan or Triffin Dillemma, will have to read up on those!