What happens when oil nations refuse to accept USD for their oil reserves?
What happens when oil nations refuse to accept USD for their oil reserves?
they get gadaffi'd, end of story.
reject dollars, get bombs.
Life goes on
Algae farms
Oil billionaires becomes bedouins again
I meant when they refuse USD due to it being worthless
It is already worthless
The USD is already worthless, we wouldn't be toppling them to force it on them if it had any real value left.
It always was worthless
We kill them.
We all go down together
Get back to the land
>worthless
they traded a real world good for paper, why stop?
well then it'd be obvious that the country needs our help, so we deliver freedom bombs to their front porches.
how is it worthless if I can use $1k of it to buy a 4k tv? doesn't seem so useless to me.
War
Also define "oil nations." And since when has all the middle east nations suddenly agreed upon anything?
thems fightin words.
>What is Tesla
GAS vehicles extinct
Liberated
We'd just use our own? We export more than we import.
Then I guess we exchange our USD for whatever other currency they want. No big deal.
(((Regime change)))
who cares?
Expect World War 3 soon afterwards.
This is good for bitcoin
The US has more oil than Saudi Arabia these days and is now an exporter.
Good luck buying oil in the future without US dollars.