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Iran dumps dollar for euro?

( Home » blogs » influence device's blog » Iran dumps dollar... )
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Submitted by influence device on Wed, 09/30/2009 - 10:29am.
| | |

It would appear that Iran has 'dumped' the dollar:

"Iran's President Mahmoud Ahmadinejad has ordered the replacement of the US dollar by the euro in calculating the value of the country's Oil Stabilisation Fund (OSF)."

http://www.arabianbusiness.com/568241-tehran-dumps-dollar-for-euro

Is this what it sounds like?

» login to post comments | 0 points

September 12th..

Possibly during Glenn Beck's 9/12 march.

Submitted by influence device on Wed, 09/30/2009 - 11:31am.
» login to post comments | 4 points

If it is what it looks like

it might explain all the huffing and puffing from Obama recently.

Submitted by simuvac on Wed, 09/30/2009 - 2:29pm.
» login to post comments | 4 points

Sounds like

another step in the direction of not trading oil in dollars anymore.

Which...will eventually provoke invasion. Remember Saddam was planning to do the same thing. Did he get around to it? I don't remember.

I suspect that Iran will need a nuke to hold off invasion. Which is why they're probably working on one in secret. Think about it. The more threats the United States makes, the more Iran's hardliners will demand nuclear capability, which in turn creates an excuse for the U.S. to invade. It's a vicious cycle.

Submitted by SnowCrash on Wed, 09/30/2009 - 4:11pm.