Financial analyst Jim Willie says Saudi Arabia may soon announce it will trade oil in other currencies soon. Anything that affects the end of the petrodollar's exclusive use in the global oil trade means higher prices in America, as dollars will be worth less than ones in high demand.
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Jim Willie says Saudis about to stop…
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Financial analyst Jim Willie says Saudi Arabia may soon announce it will trade oil in other currencies soon. Anything that affects the end of the petrodollar's exclusive use in the global oil trade means higher prices in America, as dollars will be worth less than ones in high demand.