Now I understand why they called the dollar a reserve currency. Your response was helpful and also made me think of that board game, Settlers of Catan lol
Yeah I was a little weary of that response too. Only because then wouldn’t other countries start a war with US for blocking oil transactions? Hopefully I understood this correctly
Thanks for this! I have another question based on what u/ejpierle said above. Now that we all agreed on marbles as the currency to trade for toys, what happens to toy trades if I create or aka print more marbles?
aresyves OP t1_jegf543 wrote
Reply to comment by Loki-L in ELI5: why does the US need the dollar to be the only primary form of currency for oil? by aresyves
Now I understand why they called the dollar a reserve currency. Your response was helpful and also made me think of that board game, Settlers of Catan lol