Altcoins News
By Evie Vavasseur
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The Petrodollar System Under Pressure. The petrodollar setup has basically been the backbone of dollar dominance since the 1970s.
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Will Other Nations Follow Iran's Lead?. That's the question the financial community is sitting with right now.
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Crypto and Hard Assets in the Frame. It's worth noting that Kiyosaki's warnings about dollar instability have consistently run…
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Robert Kiyosaki went public on May 24 with a sharp warning. Iran is now pricing oil in yuan, and he thinks that's a direct shot at the U.S. dollar's grip on global trade.
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The warning didn't come out of nowhere. Kiyosaki tied his read to analysis from Ray Dalio, leaning on Dalio's long-running work on shifting world orders and debt cycles.
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The Strait of Hormuz sits at the center of all this. A huge chunk of the world's daily oil supply moves through that narrow passage between Iran and Oman, which makes it one of…
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The petrodollar setup has basically been the backbone of dollar dominance since the 1970s. Countries need dollars to buy oil. That demand keeps the dollar strong, keeps U.S.
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Iran's move chips away at that consensus. By pricing in yuan, Tehran is essentially telling buyers: you don't need dollars to get our oil.
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What's less clear is how far the ripple goes.
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More context: Rupee Slides as RBI Bets Indias Reserves Can Absorb the Shock
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That's the question the financial community is sitting with right now. Iran isn't the first country to experiment with non-dollar oil settlements, and it won't be the last.
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Kiyosaki's concern is that it won't stay contained. His warning leans into the possibility that other oil-producing nations might look at Iran's approach and see a template — a…
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No official response has come from U.S. authorities on any of this, as of the time Kiyosaki made his remarks.
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Kiyosaki has been vocal for years about what he sees as structural vulnerabilities in the dollar-based financial order.
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Read also: Cardanos June 8 Vote Puts ADAs $0.24 Support Level at Risk
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