this post was submitted on 04 Sep 2026
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[–] emergencyfood@sh.itjust.works 31 points 2 weeks ago (43 children)

A few days ago the US sanctioned an Egyptian bank for trading with Iran. (This means they are refusing to sell them USD.) Could this be a response to that?

[–] yogthos@lemmy.ml 42 points 2 weeks ago (42 children)

Likely, and this also goes beyond Iran. The US has basically weaponized the dollar system now, and everybody knows they need to get off of it ASAP.

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