Blue Herald
19
Nov
The Dollar: A Worthless Piece Of Paper?
by Buck • 10:40 am
They get our oil and give us a worthless piece of paper.

-Iranian President Mahmoud Ahmadinejad

I think we can relate. Seven years ago, they gave us an election. And all we got out of it was a worthless president!

It’s all starting to make sense though. Sounds like Chimperz wants to put our currency on par with how he feels about our Constitution.

RIYADH, Saudi Arabia - Iranian President Mahmoud Ahmadinejad said Sunday that OPEC’s members have expressed interest in converting their cash reserves into a currency other than the depreciating U.S. dollar, which he called a “worthless piece of paper.”
[...]

“All participating leaders showed an interest in changing their hard currency reserves to a credible hard currency,” Ahmadinejad said. “Some said producing countries should designate a single hard currency aside from the U.S. dollar … to form the basis of our oil trade.”

Venezuelan President Hugo Chavez echoed this sentiment Sunday on the sidelines of the summit, saying “the empire of the dollar has to end.”

“Don-t you see how the dollar has been in free-fall without a parachute?” Chavez said, calling the euro a better option.



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