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How Liverpool’s New Local Currency Fits Into Global Trends Of Money And Power

Monday, February 27, 2017 18:46
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from The Conversation

– this post authored by Nicky Marsh, University of Southampton

The tensions between Iran and the United States are being played out on multiple fronts. One of the less frightening is perhaps Iran’s abandonment of the dollar in its financial reporting. But it is also eerily similar to Saddam Hussein’s decision to abandon the dollar in 2000, which is one of the proposed causes of US military aggression in the area in 2003.

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