"Of course, the success of Moscow's campaign to switch its trading to rubles or other regional currencies will depend on the willingness of its trading partners to get rid of the dollar."
I wonder what the Germans think about holding a shonky currency like the Ruble in jurisdiction run by crooks? (Germany provides for 15% of Russian imports and takes 6.4% of Russian exports.)
I wonder what they mean by "regional currencies"?
And can someone explain to me why a decrease in the use of US dollars for not US trade is good for the price of gold?
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