Countries in opposition to US wars and hegemony plan using other currencies then U.S. dollar to lessen U.S. dependency.
Tehran announced that it will start reporting foreign currency amounts in euros rather than dollars.
France is willing to offer euro-denominated credits to Iranian buyers of its goods later this year to keep its trade out of the reach of US sanctions. U.S. Banks are not trading with Iran, rule of the trade embargo, rial lost its value, record low at 60.000 against the U.S. dollar. Authorities had to set a fixed rate at 42,00.00.
Let’s not forget how Muammar Gaddafi was killed.
“Muammar Gaddafi wanted to shatter the dominance of the greenback in the Middle East by introducing gold-backed dinar
Mr. Gaddafi wanted to empower Africa. He had a plan to create a new African Union, based on a new African economic system. He had a plan to introduce the ‘Gold Dinar’ as backing for African currencies, so they could become free from the dollar dominated western monetary system, that kept and keeps usurping Africa; Africa’s vast natural resources, especially oil and minerals
Watch events unfold.
