P163
China will be forced to buy oil and energy from the US in US dollars
What Jiang said
“If you're if you're forced to buy from the United States, United States can set the price. It can set terms. It can dictate terms to you. And what the United States will say, you have to buy in US dollars. Okay? And that saves their economy, right?”
Analysis
With Iran at war and Strait of Malacca controlled, China will have no choice but to buy energy from the US, and the US will mandate payment in US dollars to support the dollar system
Source lecture
Status history
- 2026-05-23 · Pending (glm)