> the USD worthless now what we have no gold standard
> there's nothing backing it's value up!
Yeah, nothing backing it up besides the full support of the largest and most powerful military in history...
> the USD worthless now what we have no gold standard
> there's nothing backing it's value up!
Yeah, nothing backing it up besides the full support of the largest and most powerful military in history...
>boot up Super Mario Bros.
>Grab a coin in World 1-1
>FBI, US Marine Corps, SEC, United States Supreme Justice Ricky Bellfield, and local law enforcement escort me out of my house to a for-profit minimum security prison
AND THE LAND OF THE FREEEEEEEEEEEEEEEEEEEEEEEEEEE
And international trade partnerships with the G20 (until Trump destroys them that is, which is what he is doing..)
Everything of value is backed by violence. That's the reality that is hidden from us in the first world, but might is always right in the end. You could be a billionaire, but if I put a knife to your throat, that wealth is mine now.
So when China, Russia and the EU eventually topple the petro dollar you burgers will start WW3?
>petro
Petro is shit
Fusion is the future
The petrodollar won't be killed, if the Arabs try to sell oil in anything other than usd, we will go in there again. In fact we are still there, and not leaving anytime soon
Fiat and the banks win. Credit Card transaction fees are removed, free to send money anywhere in the world, any useful technology is absorbed into the banks system, stable prices. Cypto can't compete
Yes goy, prepare yourself for the Samson doctrine so we don't have to.
Not this century. A modern country cannot effectively run without oil now and for the foreseeable future
Rip Gaddafi
Are you from the past?
GBP well on it's way back to 2 USD for the price of 1
just fucking lmfao
rip yanks
If I were making a Veeky Forums movie act 3 would be the dollar crash, where our antagonist is an evil general
His establishing scene is where he shoots several civilians who were rioting outside a bank, and he shouts to the rest of the crowd "MY BULLETS SAY ONE DOLLAR IS STILL WORTH TEN THOUSAND SATOSHIS!"
Russia has a military, didn't prevent the ruble from having 500%+ inflation.
>russki military
Oh jeez best regard Simo Häyhä the Finnish stealth snaipper
>Yeah, nothing backing it up besides the full support of the largest and most powerful military in history...
So?
It's still going down all of the time despite the US dollar world reserve status.
>Russia has a military, didn't prevent the ruble from having 500%+ inflation.
Russia doesn't have the world reserve status.
>If the USD drops in value we're just gonna shoot everyone that'll protect it from crashing
world reserve status is still in effect, but the USD exchange rate is tanking
I know, it's tanking despite the reserve status
if there was no reserve status it would be worth almost nothing
Bruv your country can't even defeat some sand slugs blowing themselves up.
I mean, what did everyone think was going to happen when a fucking ape was put in charge.
Anyone who isn't exiting US markets ASAP is about to get rekt.
the shekel doesn't have world reserve status and it's doing better than USD
it's also fiat, so maybe world reserve status doesn't do dick in terms of inflation
and crypto is backed by the fact you have to shutdown the entire electric grid of the world to stop it
>the shekel doesn't have world reserve status and it's doing better than USD
because they dont inflate as much as USD does dummy
so world reserve status is worth dick all
It's designed to do that. They don't want people hoarding money like they do bitcoin.
The purpose of inflation is economics 101.
intel amd
what are they going to do?
nuke the blockchain?
meh
you're so clueless faggot. oil is traded to USD so if a country wants to buy oil they have to buy usd first. once the oil pool runs out though we're fucked.