Re:Ghana plans to buy oil with gold instead of dollars
by Ekaros on Friday November 25, 2022 @03:46PM
(#33746572)
There is essentially loans of USD that happen on balance sheets that is paper between institutions outside of USA. So such trading and settlement is possible. But if there is block of actually getting this money in real dollars, that is rather pointless even more monopoly money.
Re:Ghana plans to buy oil with gold instead of dollars
by lottin on Friday November 25, 2022 @05:50PM
(#33747737)
What do you mean real dollars? Dollar deposits in bank accounts outside the US are as real as dollars deposited in US banks.
Re:Ghana plans to buy oil with gold instead of dollars
by ilammy on Friday November 25, 2022 @08:55PM
(#33749056)
Oh sweet child, try transferring your “dollars” out of your country first – especially into US – before you claim they are real.
Do you mean this in some metaphysical sense? Because you can exchange USD for gods or services outside the US without the US government getting involved.