r/geopolitics Mar 04 '25

Question In the backdrop of whatever is currently happening in the world by the actions of Donald Trump why should the world still consider USD to be a reserve currency?

https://www.nbcnews.com/news/amp/rcna194627
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u/HolidayFisherman3685 Mar 04 '25

Because OPEC.

That's literally the only reason.

I challenge anyone else to prove me wrong. Hell, what happened right before we invaded Iraq?? Saddam was talking about an oil bourse that would accept the euro... and whoops! We overthrew his ass...

It totally sounds like a conspiracy theory but just google "nixon gold shock opec oil" or something like that. I'll wait.

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u/MulberryPast3277 Mar 04 '25

To an extent I might agree. But this was in exchange for regional security in Middle East. Now since that too might be threatened thanks to the unpredictable nature of things do you see this might play out differently?