Red Herring is right IMO
It is even simpler than Engdahl thinks. All central banker are partners joined at the hip.
I partly buy Savilles argument that demanding another currency for payment is and has been a non issue. So what if they do? Both currencies trade on the free market. If Iran wants Euro´s they can trade dollars for Euro´s. I think that there would be a psychological factor but I think a lot other ducks would have to be lined up to make it have a big effect. Since all central banks are partners in the fiat money scam neither CHina, Russia, nor Iran are interested in toppling the dollar until they are willing to lose their ability to print bogus money not backed up buy gold. The day the dollar totally collapses so do all other fiat currencies. That day is coming but not next week IMO.
If Tehran started asking for gold to pay for oil that would be a whole different ball of wax. With the Swiss surrounded by the EU cartel they are not going to topple the Euro without a solid agreement with the EU. I will leave the argument of what payment in Dinar backed buy gold would do to the more experienced gold bus.
An effort on Irans part to actually make Oil a currency, or Oil certificates backed up by Oil the way the Dollar once was once backed up by gold is an interesting idea as well.
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