Chapter 732 Diversification

"At this stage, it is not appropriate for us to immediately exclude the US dollar as a currency. However, we do not advocate using the US dollar alone for settlement. We can diversify." Andre said: "For example, in addition to the US dollar, we also have the Soviet ruble, the British pound, the French franc, and the German mark. These five currencies can all be used as settlement currencies."

Five currencies! In addition to the ruble, Andre introduced three new currencies, the pound, the franc, and the mark, which are all important currencies supporting the entire Western Europe. These three countries are also the economic powers in Europe!

For them, using US dollars to settle oil is acceptable, because their industrial products are developed, and when industrial products are exported, they are all settled in US dollars. They also have huge foreign exchange reserves of US dollars, so there is no burden in using US dollars. However, compared to the US dollar, they prefer to settle in their own currency! Because this will increase their country's economic influence!

For example, France, as a troublemaker in Europe, will definitely be the first to welcome it! France is not a NATO country and never likes to act according to the Americans' wishes. The Gallic rooster, who is independent and maverick, will definitely give its approval this time!

As long as France agrees, Britain and Germany will also agree. After all, Britain was once the empire on which the sun never set, and it still has a kind of pride in its bones. After Germany was defeated in World War II, it became a weakling militarily and had to rely on the leadership of the United States, while its economy was taking off.

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In this way, even if the United States wants to oppose, it can't say anything else because the major economic countries in Western Europe have benefited!

The United States cannot do anything alone!

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As long as the US dollar oil system is disintegrated, the Soviet Union will win the first round! The US dollar will gradually degenerate and will not be able to become the world currency. At the same time, the influence of the ruble will continue to expand.

In fact, the ruble was much stronger than the US dollar. From 1961 until the collapse of the Soviet Union, the exchange rate between the ruble and the US dollar was 1 US dollar to 0.9 rubles. This ratio has hardly changed. Until the collapse of the Soviet Union, the ruble began to shrink significantly. The reasons are of course multifaceted, mainly due to Western conspiracies. Wealth will not disappear, it will only be transferred. Through the shrinking of the ruble, the wealth of most people in the country evaporated and became paupers, and their evaporated wealth was transferred to a few people. It was not until this time that people began to miss the benefits of the Soviet Union. Unfortunately, this powerful country has disappeared!

The disintegration of the Soviet Union is a cause for deep regret, and now, Andrei, who has traveled through time, wants to prevent the disintegration of the Soviet Union, and expand the influence of the Soviet Union to the whole world, with the flag of the sickle and the hammer planted in every corner!

Andre is full of confidence.

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Although the new policy is to accept all five currencies, this policy can be adjusted continuously to continuously reduce the circulation capacity of other currencies, and eventually transition to using rubles for settlement! In this way, the Soviet ruble will become the world currency!

At least, the Soviet Union, Iran, and Saudi Arabia, which are directly controlled by the US, have the right to speak firmly in their hands in the oil exports. Moreover, as long as this policy is implemented, the depreciation of the US dollar is inevitable, and once the US dollar begins to depreciate, this trend is irreversible! At that time, who dares to accept US dollars? It will depreciate as soon as it is received! The more countries refuse to accept it, the faster the US dollar will depreciate! When these US dollars finally flow into the United States, it will be the collapse of the entire US economy!

This process may take a long time, five, ten, or even twenty years, but this trend is irreversible!

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The United States certainly knows this truth, so for the United States, whoever dares to break this system is challenging the United States. In later generations, the reason why the United States finally took action against Saddam and was determined to kill him was that Iraq used the euro to settle its oil exports, which touched the United States' soft spot!

Now, with the powerful Soviet Union behind them, what is there to fear? Does the United States dare to use force? They should know that using force is definitely not the best option. When even Western Europe begins to support this policy, does the United States intend to nuke the earth?

In recent years, the U.S. printing presses have been running continuously, and the printed banknotes can be spent. Now, it is time for them to pay the price for these dollars!

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The main purpose of Andre's visit to Iraq this time is to negotiate this new oil payment system!

When he heard that Andrei did not want to settle in rubles, but could use other currencies, Qusai breathed a sigh of relief. It seemed that the Soviet Union was not too aggressive. What benefit could Iraq get from using rubles for settlement? Using other currencies for settlement could more or less eliminate a worry.

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"Of course, when necessary, we can even use gold for settlement. This kind of thing will never depreciate. In that case, the world's gold reserves will flow to our Middle East." Andre continued.

At this time, Andre already regarded himself as a Middle Easterner, as one of them. However, isn't Andre the uncrowned king here?

"General Andre, your proposal is very good. Since the United States invaded Iraq with its dirty hands stained with blood, we should have fought back like this! The United States even used nuclear bombs to attack us. Now, our counterattack is necessary." Uday said: "We will convene a meeting of the Organization of Arab Petroleum Exporting Countries to discuss this issue in detail."

In fact, there is nothing to discuss. Iraq, Kuwait, Iran, Saudi Arabia, and the UAE, these original member states, except the UAE, have now followed the Soviet Union and have the same position. Therefore, this conference is actually a meeting where the big countries unite to pressure the small countries to agree to the conditions.

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"I propose that this meeting be held in Moscow?" Andre said in a flat tone.

Held in Moscow! For the UAE, this is simply a Hongmen Banquet.

"Well, can the UAE agree?" Qusay asked.

"Of course they have to agree. Otherwise, none of their oil tankers will be able to pass through the Strait of Hormuz," said Andre.

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Now, the Soviet Union still controls this strait. Countries such as the UAE, Qatar, and Bahrain all rely on oil tankers for exports, and the Soviet Union can strangle their lifelines at any time.

The Soviet Union had done such things before, so it was normal for it to happen again this time.