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Showing posts with label U.S. dollar. Show all posts
Showing posts with label U.S. dollar. Show all posts

Saturday, January 16, 2016

Economics of War: Russia, Oil, and the Dollar

I confess, I'm a little bit of a ditz when it comes to economics. Except for balancing my own home budget, the world of finance has never been my forte, especially Wall Street finance. But I found this article interesting, particularly the part about breaking of Russian oil's connection to the dollar making it harder for the U.S. to wage war. Now wouldn't that be a blessing!:

Russia Breaking Wall St Oil Price Monopoly

Here's the part I found especially hopeful: