This is more likely to mean war:
Tehran has reached a decision to end all oil sales in dollars, according to statements by Iran’s central bank governor, Ehrabhim Sheibany, in Kuala Lumpur at the end of last month.
Zhuhai Zhenrong Trading, a Chinese state-run company that buys 240,000 barrels of oil per day from Iran, approximately 10 percent of Iran’s 2.2 million barrels per day total output, has confirmed a shift to the euro for its Iranian oil purchases.
Interesting that this announcement should take place so soon after that little test of Western resolve last week. It sounds to me as if Iran is increasingly confident that the Brits won’t back the States in the scenario that the US attacks Iran in order to defend its dollar. And if the Brits don’t, no one except Israel will see any need to either.
Still, the lifespan of a currency is normally 60-70 years, so I would have thought that the Fed had until 2035 or thereabouts becore they’d need to switch to the Amero or whatever they’ll end up calling the NAU’s currency. But then, that’s an average, and if Iran gets away with this strike against US financial power, no doubt countries like Venezuala will be soon to follow and bring the let’s-pretend-it’s-money game to an early end.
That doesn’t mean the US will collapse or anything, it could even be a good thing in terms of expanding personal liberty. But all bets will be off….