26829th poster gets a cookie (cookie thread (Part 7)) (Part 11)

@Arete happy aretaret day

4 Likes

to make a long story short, i would argue the main reason that persists to this day is that everyone can use USD in a meaningful fashion

like saudi aramco doesn’t really want a new zealand dollar because the only place that really uses those for anything is new zealand

but the us dollar has enough international importance (and because we import so much stuff, there’s always a ton of them being sent elsewhere) that having USD on hand is never going to result in you having a currency that other countries don’t want when it comes time to make the next trade

6 Likes

and yeah shoutout @Arete :partying_face:

6 Likes

Happy Arete Birthday

4 Likes

I feel like its china who purchases the most oil but idk

1 Like

u.s. both produces and uses the most oil, china imports the most

3 Likes

iirc the gulf states in exchange for us protection basically agreed to only sell oil for USD

ergo EVERYBODY needs USD so a lot of international biz is conducted in USD, it’s why China has so much US Treasury debt because they need USD for the oil they shit

it’s also why our debt is do cheap and why if we ever lose global reserve currency status we are massively fucked

2 Likes

@Arete wow birth

1 Like

i’m thinking how rough some other folers must have their most liked post page to be. imagine your greatest contribution (as voted on by other people) is an image of the site admin’s old pfp as a fan you posted in November 2021.

10 Likes

(…mine isn’t much better but it used to be good in like late 2025.)

2 Likes

Just checked mine

Nominating the Magnus Incident for the FOL awards is my most lasting contribution to the forum

5 Likes

…that didn’t even win did it?

2 Likes

yeah but like the “why it happened originally” and “why it’s still happening now,” while related, are not really the same question imo

2 Likes

mine is my about me :relieved: (and paint chain)

3 Likes

honestly the about me thread (though it’s rendered a little null by the fact we all know eachother) was one of my better thread ideas. better than tommygun i’d say. just behind pronouns thread.

4 Likes

i wish i had more interesting pronouns than she/her

4 Likes

well i wish all of the infinite suffering in this world were toned down but i suppose that’s an okay wish too

5 Likes

you know im woofing all the time everywhere i go
and even in my dreams, all i do is sit and beg and whine
but i know i can’t get that
instead im tall with no ball for my owner to hide behind their back

3 Likes

Why are there toothpicks in my Mentos box?

1 Like

I presume my dad must’ve put them there (only person in the house who also has Mentos and is a notable toothpick user), but why combine them?

1 Like