Wednesday, January 15, 2014

Continuing Trade Outside of the Dollar

There does indeed seem to be a quickening pace to these international trade deals being cemented using currencies other than the present Reserve Currency, the US Dollar. Here there`s a deal between Russia and Iran, where they will swap oil for goods - Iran`s oil for Russian goods, thereby avoiding the Dollar:

So, it seems there is a global move to sink the Dollar, I just worry about who is behind it. It`s too trite to say the BRICS, too simplistic and too anachronistic to talk of Nation States as if they had any autonomy these days. They don`t, and I`m unfortunately convinced that the corruption is global and at the top. I hope I`m wrong, of course.

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