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RE: Iran Just DUMPED THE DOLLAR! Remember What Happened the Last Time a Country Did That?
The CURRENCY WAR continues!
What do you think of countries moving away from the US dollar and how this will change the current system over the next decade?
It's not good since those countries also have the commodities we need or should be accumulating (gold, oil, etc).
I'd say that currency war is about to morph into a trade war (with the currency war ongoing within it) with Trump's introduction of these tariffs. I think we'll see more tariffs and more corporate tax reforms taking place globally e.g. Australia is trying to drop its corporate tax rate in response to the US doing so.
thanks for this! resteemed!