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EU member-states now have permission to pay for oil and natural gas in rubles
submitted 1 year ago by BravoVictor from voxday.net
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[–]Kuasocto 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (1 child)
So that's good news, right?
Wait, why does anyone even need "permission" for that shit in the first place, it should all be up to the seller to decide what currency he wants to be paid in.
[–]BravoVictor[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
The US strong arms most countries into using dollars to buy fuel, (i.e. the petrodollar), creating an international market for US dollars. This is useful to the US in two way:
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[–]Kuasocto 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (1 child)
[–]BravoVictor[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)