#USDT
🔴 A quick talk about what is currently happening in the media 🔥:
• On June 9, 2024 (tomorrow), Saudi Arabia is expected to announce that it will halt all oil sales in US dollars, marking the end of the 50-year-old petrodollar agreement signed on June 6, 1974.
🌟 What does this mean (if it happens):
- Demand for the dollar decreases, leading to currency devaluation and inflation in the United States.
- An increase in demand for gold and Bitcoin as a hedge against inflation.
- High oil prices against the dollar.
😁 Hysteria among Americans everywhere under the title (Saudi Arabia informed the Biden administration that it will not renew the petrodollar agreement).
👈 Not renewing this 50-year agreement will inevitably change huge economic balances.
