If this is true, get ready to get drafted because Russia just refused to accept anything but Rubles. Without the requirement of trading oil in usd, no one will buy it as it is inevitably going to inflate away. Without foreign countries to buy our dollars, those dollars stay here and further inflate. This is a negative feedback loop ending in a mathematically certain collapse. Buckle up, we're heading for the mother of all crashes.
If this is true, get ready to get drafted because Russia just refused to accept anything but Rubles. Without the requirement of trading oil in usd, no one will buy it as it is inevitably going to inflate away. Without foreign countries to buy our dollars, those dollars stay here and further inflate. This is a negative feedback loop ending in a mathematically certain collapse. Buckle up, we're heading for the mother of all crashes.
(post is archived)