SATISH SHARMA - not just Rotigraphy.: “Everyone is watching the bombs drop on Iran. Nobody is watching what Iran just did to the dollar.

https://x.com/JamesMelville/status/2040335646443618721

“Everyone is watching the bombs drop on Iran. Nobody is watching what Iran just did to the dollar. And what they did to the dollar may matter more than anything that happened on a battlefield. Here is the story most people missed. In 1974, Henry Kissinger flew to Saudi Arabia and made a deal. All oil everywhere in the world would be traded in US dollars. Not gold. Not pounds. Not marks. Dollars. That one agreement gave America something no military could ever buy. Every country on earth needed dollars to buy oil. Every country on earth had to hold dollars in reserve. Every country on earth was forced into America's financial system not by choice, but by energy. That is the petrodollar. And it gave America 52 years of the most powerful financial dominance in history. Now here is what just happened. This is March 2026. Iran announced it will accept yuan for oil. Not dollars. Yuan. Chinese currency. And not just that. Iran is allowing oil tankers to pass through the Strait of Hormuz — only if the oil is traded in yuan. At least two vessels have already settled transit fees in yuan. Deutsche Bank said it directly: this conflict could be "the catalyst for erosion in petrodollar dominance — and the beginnings of the petroyuan." For the average person, this sounds like a boring currency story. It is not. Let me explain what this actually means. Because oil is the world's most traded commodity, every nation that imports energy must first acquire the currency oil is priced in. When oil was priced in dollars the whole world needed dollars. The whole world bought US Treasury bonds to hold as reserves. That demand for dollars let America borrow more, spend more, and print more at low cost, for decades. If oil starts trading in yuan countries start holding yuan instead. They stop buying US Treasuries. America's borrowing costs go up. Deficits become more expensive. The exorbitant privilege — gone. Not overnight. But slowly. Quietly. At a trading desk. My poor dad never understood this. He saved dollars his whole life. He trusted the government. He believed what the news told him. My rich dad understood it completely. He said: "The dollar's power was never about America being strong. It was about oil being priced in dollars. The day that changes — everything changes." I went to military school in New York in 1965. My economics teacher made us read the Communist Manifesto. I asked him why. He said: "You must know your enemy." I never forgot that. The Chinese did not fire a single missile in this war. They do not need to. They are winning it at the trading desk. China buys roughly 90% of Iran's oil. Iran lets Chinese tankers through the Strait. Iran demands yuan for passage. Every yuan transaction that replaces a dollar transaction is another brick pulled from the foundation of American financial power. The dollar is not going to collapse tomorrow. But here is what my rich dad always said about slow moving threats: "The most dangerous losses are the ones that happen so slowly you don't notice until it's too late." Your savings account is paying you 0.5%. Inflation is running at 3, 4, 5%. The petrodollar, the architecture that made your dollar worth holding — is being quietly dismantled in the one place the US cannot control right now. The Strait of Hormuz. Gold is God's money. Nobody can print it. Bitcoin is people's money. Nobody can print it. The dollar is government's money. They print it every day. And the one thing that made the world accept that printing, the petrodollar — is cracking.” ~ Robert Kiyosaki American businessman and entrepreneur

6:48 PM · Apr 4, 2026