'The dollar’s death by a thousand cuts just sustained a few hundred proverbial slashes as China officially announced Thursday that the international banking and payment transfer system is ready for any nation in the world to begin accepting the Chinese Yuan as payment for oil.
Combine the Chinese announcement with Thursday’s open-ended and unlimited quantitative easing announcement by the Fed and the dollar is dead.'
Read more: Petro Dollar Going the Way of the Dodo Bird as China Begins Selling Oil Using Yuan
