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Old 08-08-2008, 07:56 PM
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Toro Toro is offline
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Quote:
Originally Posted by coolgeee View Post
Why are we really targeting Iran?

Could it have to do with them dumping our dollar?
No.

Iran is irrelevant.

The oil exports from Iran account for less than 0.1% of all international trade. All trading in oil accounts for about 1% of global capital flows.

The idea that moving oil off the dollar standard would mean the dollar would end its status as the world's reserve currency is silly. 20% of all currency transactions do not include the dollar in any form already.
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Last edited by Toro; 08-08-2008 at 07:59 PM.
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