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RE: Canada just demonetized 1.1 billion in fiat cash
Sure it could. The death of the petro-dollar has been like a slow-motion train wreck. As Mike Maloney says, each of these events is another nail in its coffin. So many stresses are piling up and coming to a head. The next crash looks like it will be The Big One.
And Iran just pulled the plug on the US Buck too. As if they aren't already banned from using it anyway.
True, but it might still be a worthwhile symbolic move.