Aren’t the Chinese linking the yuan to the dollar along a ratio of 6-8 to 1?
If that’s the case, isn’t the dollar the currency underlying the yuan?
All that talk about oil being traded without the dollar is mere talk … of no economic consequence.
I feel a little better. It’s Glenn Beck style talk anyway. You’re the accountant.
Fr. Mitch Pacwa who is a hunter and an avid gun rights advocate and anti-woke priest on EWTN Network said he used to listen to Glenn Beck years ago and said it took him 1-3 days to settle down from worrying about what Beck predicted.
He decided to stop listening and has felt better since.