reply to post by incrediblelousminds
Indeed and the same was said about Saddam wanting to start selling Oil in Euro's before the last Iraq War.
But, as I said, I really don't think Libya was that big of an Oil producer to worry about them switching to some gold back dinar. Libya produces
around the same level of Oil per day as the UK (even less now). We'd be far more concerned if Saudi or Russia switched, not Libya..
But, you never know. It is a valid opinion one cannot really prove or disprove at the moment. I am sceptical though, because I wouldn't see it's
impact as being that great if they did switch to a gold-backed currency.
Did Libya Just Invade Tunisia?, page 3
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