Saudi Arabia moves off of petrodollar. Biden did this.

How big of a deal is the Sauds moving away from the petrodollar?

  • Not that big of a deal

    Votes: 0 0.0%
  • Fuck the Colonizers!

    Votes: 0 0.0%

  • Total voters
    7
You fucking retards! It's not going to happen instantly. It begins today and the full effects will be felt a few months out.

You fuckers can't see past your noses, idiots.
Is today the day the dollar is devalued? How will we know when it happens. Is it when you say it happened as opposed to reality?
 
You fucking retards! It's not going to happen instantly. It begins today and the full effects will be felt a few months out.

You fuckers can't see past your noses, idiots.
Here’s your fucking quote, idiot.

“That means that everyone in the US is instantly and irrevocably 10%+ poorer.”
 
So you are saying the inflation the last 4 years is the result of the Saudis dropping Petrodollars yesterday?
That makes even less sense than Matt.
No, Biden's exorbitant inflation over the last 4 years caused the Saudis to drop petrodollars as soon as they had the chance.

Biden's inflation is NOT confined to the U.S. because over half of our currency is outside our country.

Is that simple enough for you?
 
No, Biden's exorbitant inflation over the last 4 years caused the Saudis to drop petrodollars as soon as they had the chance.

Biden's inflation is NOT confined to the U.S. because over half of our currency is outside our country.

Is that simple enough for you?
Simple seems to what you are. Biden didn't cause world wide inflation. Supply chain issues caused by Covid did.
 

U.S / SAUDI PETRODOLLAR ENDED AFTER 50 YEARS - WHAT DOES THAT MEAN?Many reports claim that Saudi Arabia is separating from the U.S. dollar as its exclusive currency for selling oil, but there is no official announcement to this effect.We initially shared a post about it, but upon further consideration, we decided to delete it. Despite the 50th anniversary of the petrodollar agreement, a significant historical event between Saudi Arabia's King Faisal and Richard Nixon, there's no concrete evidence to support the claim of a 50-year expiry. We strive to maintain balance, fairness, and unbiased content, and we don't want to spread anything speculative or misleading.
 
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