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Oil, USD and Russia
Here is something I have had in the back of my mind ever since this Russian thing started. The Dollar has been used in oil trading worldwide until Russia started selling oil to China in the Yuan. I can't help but think this has something to do with the whole Russia issue. When the USD is used as the world's reserve currency and all oil is traded in USD, the federal reserve and US has great control over many things but when the dollar is removed and begins to lose some purchasing power, this can have catastrophic effects. Since the US government has been printing the USD practically into oblivion, some countries are losing confidence and trying to remove themselves from the dollar.
http://www.moneynews.com/Advani/Syri...9/25/id/527553
http://www.kitco.com/ind/AuthenticMoney/20120601.html
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Those who say it cannot be done should not interrupt the people doing it. ~Chinese Proverb
When I was young and clever, I wanted to change the world. Now that I am older and wiser, I strive to change myself. ~
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ILG 
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