Thread: Quantifying Benefit Of USD As Reserve Currency
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island911 island911 is offline
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Join Date: Mar 2001
Location: an island, upper left coast, USA
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The Saudis can, at any moment, stop selling oil to the US. Or, stop taking USD for oil sold.

Perhaps they want to drink the oil, rather than have the goods and services of the USA.

There is oil all over this globe. The Saudis are just one source.
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Old 12-18-2009, 12:14 PM
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