Zoltan's Dispatch is Nonsense, Here's Why - Daily Live 12.29.22 | E291
Bitcoin & Markets
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The New Paradigm Will Not Be Financing With US Dollars
President Xi said China will continue to import large quantities of crude oil on a long-term basis from GCC countries and purchase more LNG. The Shanghai Petroleum and Natural Gas Exchange will be fully utilized for RMB settlement in oil and gas trade, he added. Just as Xi's plane was landing in Riyadh, the PBOC revealed that in 2022, it had restarted gold purchases with gusto. There will be many avenues through which GCC countries will be able to decominate. Is that the word? De-accumulate. Anyway, the RMB. They earn from selling oil and gas to China. And if any GCC country were to accumulate some surplus cash in non-convert
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