Oil Not Priced In Dollars by 2018?

Discussion in 'Blazers OT Forum' started by blazerboy30, Oct 6, 2009.

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  1. blazerboy30

    blazerboy30 Well-Known Member

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    Is this for real?

    I admit I don't know what the implications of this would be, but it sounds like it would be a blow to our economy and the value of our dollar.

    Has our insane amounts of spending had anything to do with it?

    Link
     
    blazerboy30, Oct 6, 2009
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  2. BLAZER PROPHET

    BLAZER PROPHET Well-Known Member

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    I'm surprised they don't use gold.
     
    BLAZER PROPHET, Oct 6, 2009
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  3. yakbladder

    yakbladder Grunt Third Class

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    That's not real surprising because of two reasons:

    1) No one values the dollar anymore when the Euro kicks it's ass. Remember that was one reason for the fear of NBA players jumping ship because they could get essentially more lucrative contracts over there.
    2) I've also heard/read recently about governments around the world wanting to distance themselves from the dollar to show they have more clout. However, I'm not sure why China really cares as they do their best to maintain a quasi-peg to the dollar anyways. Bastards.
     
    yakbladder, Oct 6, 2009
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