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<blockquote style="position: relative; padding-left: 55px;"><section><a href="https://friedcheese.us/objects/c19334c1-7de2-4757-954f-85ee0b25b9f8">feld (feld@friedcheese.us)'s status on Tuesday, 22-Oct-2024 06:35:32 JST</a><a href="https://friedcheese.us/users/feld" title="feld@friedcheese.us"><img src="https://gnusocial.jp/avatar/274913-48-20241012191855.webp" width="48" height="48" alt="feld" style="position: absolute; left: 0; top: 0;">feld</a><div><a href="https://gnusocial.jp/notice/7549832" rel="in-reply-to">in reply to</a><ul><li><li><a href="https://gnusocial.jp/user/132738" title="starwall@wizzzard.online">ᔅᑕᕐᐗᓪ</a></li></ul></div></section><article><a href="https://social.linux.pizza/@fcktheworld587">@fcktheworld587</a> <a href="https://wizzzard.online/@starwall">@starwall</a> You need dollars to buy oil.<br><br>Because we made a deal with OPEC to guarantee they'd only sell it in dollars.<br><br>Every country needs oil for some purpose... so they need dollars.<br><br>And if you try to sell oil without dollars? We'll send the troops to fix that.<br><br>Don't forget Saddam started selling oil in euros. There have been attempts to downplay this fact but I don't think it should be ignored. If world trade or even oil stopped using dollars it would be very bad for our economy.<br><br><a href="https://www.theguardian.com/business/2003/feb/16/iraq.theeuro">https://www.theguardian.com/business/2003/feb/16/iraq.theeuro</a></article><footer><a rel="bookmark" href="https://gnusocial.jp/conversation/3861275#notice-7549833">In conversation</a><time datetime="2024-10-22T06:35:32+09:00" title="Tuesday, 22-Oct-2024 06:35:32 JST">about a month ago</time> <span>from <span><a href="https://friedcheese.us/objects/c19334c1-7de2-4757-954f-85ee0b25b9f8" rel="external" title="Sent from friedcheese.us via ActivityPub">friedcheese.us</a></span></span><a href="https://friedcheese.us/objects/c19334c1-7de2-4757-954f-85ee0b25b9f8">permalink</a><h4>Attachments</h4><ol><li><article><header><div>Domain not in remote thumbnail source whitelist: assets.guim.co.uk</div><h5><a href="https://www.theguardian.com/business/2003/feb/16/iraq.theeuro">Iraq nets handsome profit by dumping dollar for euro</a></h5><div> from <span>https://www.theguardian.com/profile/faisalislam</span></div></header><div>A bizarre political statement by Saddam Hussein has earned Iraq a windfall of hundreds of million of euros. In October 2000 Iraq insisted on dumping the US dollar - 'the currency of the enemy' - for the more multilateral euro.</div><footer></footer></article></li></ol></footer></blockquote>

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feld (feld@friedcheese.us)'s status on Tuesday, 22-Oct-2024 06:35:32 JSTfeld
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- Chumchum Tumtum
- ᔅᑕᕐᐗᓪ
@fcktheworld587 @starwall You need dollars to buy oil.

Because we made a deal with OPEC to guarantee they'd only sell it in dollars.

Every country needs oil for some purpose... so they need dollars.

And if you try to sell oil without dollars? We'll send the troops to fix that.

Don't forget Saddam started selling oil in euros. There have been attempts to downplay this fact but I don't think it should be ignored. If world trade or even oil stopped using dollars it would be very bad for our economy.

https://www.theguardian.com/business/2003/feb/16/iraq.theeuro
In conversationabout a month ago from friedcheese.uspermalink
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  Iraq nets handsome profit by dumping dollar for euro
  from https://www.theguardian.com/profile/faisalislam
  A bizarre political statement by Saddam Hussein has earned Iraq a windfall of hundreds of million of euros. In October 2000 Iraq insisted on dumping the US dollar - 'the currency of the enemy' - for the more multilateral euro.

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