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This doesn’t matter, really, it doesn’t

President Xi has ambitions to challenge the global dominance of the dollar. One way to do that would be to start trading oil and gas in renminbi.

Saudi Arabia, the world’s largest crude oil exporter, has traded oil entirely in dollars since 1974. But talks about pricing sales to China, Saudi’s largest trading partner, in renminbi have been accelerating.

Given that we’ve got large and liquid FX markets what the oil is priced in doesn’t matter a damn. Takes 10 minutes and 0.01% of thje amount to transfer £ to $ and so on.

Sure, if your currency doesn’t have a liquid market – like those of countries that try to peg the value – then you’ve a problem. But those problems aren’t because4 oil is in $, it’s because you’ve a pegged currency and thus no liquid market.

Free blogs, eh?

TimWorstall has been free for roughly 14 years. We have ever increasing server costs and attack mitigation costs. If you can help us out with a donation – it would be greatly appreciated!

  1. You can donate here

We know what Mark Drayford means here

The UK could break apart unless it is rebuilt as a “solidarity union” where every citizen’s rights to public services and financial security are protected, the first minister of Wales, has warned.

He’s run out of Welsh money to spend in Wales so he’s insisting on having more English money to spend in Wales. Otherwise he’ll take his ball home.

Unsurprising

Single-parent households are among the most exposed to the cost of living crisis, with a savings pot 20 times smaller than the UK average, analysis shows.

The modal UK household has two adult earners in it. Households with only one potential earner will do worse. And?

Aunt Agatha Books: Now Available / Shipping

Its been some time since we announced that we were publishing Aunt Agatha as a booklet. We’ve had COVID, (more) Labour Party and Conservative Party incompetence and Putin.

The books have finally been delivered and will be contacting those who donated to send out their copies as soon as possible.

Those who donated to the project should login to their donation profile (linked above) and should find a request for postal details. We still have 60+ copies available. A simple donation gets you a book.

https://www.gofundme.com/f/continental-telegraph-network

Thanks
Rich, Tim and Team

 

 

 

Numbers and journalists

By the end of an average week, Peaty would have swum around 40 miles — more than 2,500 lengths of a regular 25m swimming pool.

Which Olympian is going to be training in a half sized pool? And since when is that half size regarded as regular?

Reason Not to use PayPal v.56930

  1. Two months ago we were told that we could no longer access our PayPal account as they seemed our content to be extreme and they did not like our politics. We moved to Stripe for all donors. Yesterday the re-enabled our account only for it or be banned again a few hours later citing that our content is “extreme”. We hope you agree that our views are in no way “right-wing extreme” and that we so not condone any right or left wing extremism (Centrists need not worry!)

With this is mind we will no longer be able to accept PayPal for donations or for the purchase of literature.

This is once again the big guys weighing down against the unpopular (but nonetheless true) opinion.

We still need your help more than ever.

From the outset we’ve scrutinised the ever-changing rules and regulations and numbers to and allow people to understand them and why they are wrong. By contributing, you will be helping fund our sites and the coming together of thousands of other people around the country who believe in defending our rights and making Britain fairer for all. Big corporate or small, we’re in this together.

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Editing Twitter

Hmm, so that doesn’t work, darn. Changed the text to what he means:

A nation is dependent upon a meeting of minds. The southeast of England and Ely no longer share that meeting of minds. Their values and aspirations fundamentally differ. So there is no Union. And that is why the UK is over.

PayPal Suspended Us 🛑

  1. I was wary about getting involved with PayPal to start as i’ve heard about them terminating accounts, but…

Over the weekend PayPal informed us that they would no longer be willing to process payments for us due to “inappropriate content”. What this actually means is “we dont believe in your political opinion” both yours, and my own. Fine, they’re free to go about their business as they wish.

With this is mind we will no longer be able to accept PayPal for donations or for the purchase of literature.

Let’s move on, plenty of more payment processors in the world..

If you have a recurring donation with PayPal we ask that you cancel your recurring subscription HERE or via  your DonorBox login (DonorBox is still good for Visa and Mastercard Payments) and move to our Visa and Mastercard system powered by Stripe also through DonorBox (its also somewhat easier).

This is once again the big guys weighing down against the unpopular (but nonetheless true) opinion.

But on the brightside, one week to go till the pub in the UK (lets hope the weather clears up!)

We still need your help more than ever.

Amazon’s contract to stream the England game

This doesn’t seem to be working out well:

Top reviews from United Kingdom
Amazon Customer
1.0 out of 5 stars Broken
Reviewed in the United Kingdom on 14 November 2020
Taken me for ever to find where to watch this and now it turns out it won’t even work
Helpful
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Paul Faux
1.0 out of 5 stars Shame it is not working
Reviewed in the United Kingdom on 14 November 2020
Not working 🙁 shame
Helpful
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dr a.
1.0 out of 5 stars It’s not available.
Reviewed in the United Kingdom on 14 November 2020
It’s lack of availability.
Helpful
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Amazon Customer
1.0 out of 5 stars Rubbish!!!!
Reviewed in the United Kingdom on 14 November 2020
Rubbish!!!
Helpful
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Client d’Amazon
1.0 out of 5 stars “Temporarily Unavailble”
Reviewed in the United Kingdom on 14 November 2020
If it were possible to give less than one star……I would
Helpful
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KMR Superstar *
1.0 out of 5 stars Total Rubbish
Reviewed in the United Kingdom on 14 November 2020
Just cannot watch this game. Video link not working. Why cant you just show on ITV or BBC.?
Already missed 20 mins of my favourite sport. Total Rubbish App
Helpful
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STEPHANIE
1.0 out of 5 stars CANNOT WATCH IT ONCE AGAIN
Reviewed in the United Kingdom on 14 November 2020
The page isnt available!!!!!!!!!!
Just frustrating!!! Second game and unable to watch
Helpful
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sarah le corre
1.0 out of 5 stars rugby
Reviewed in the United Kingdom on 14 November 2020
Does not work. SO PAINFUL
Helpful
Comment Report abuse

Hmm…..

Displacement

Not quite sure why this has come to mind but. Used to know a bloke in Bath, ran a pub (The Bell). Black, significantly RP accent, dreads but shortish, tended to wear knickerbockers with, I think, long socks and sandals.

The black bit never really tended to enter minds nor descriptions of him. The knickerbockers did.

I guess that’s what we might call displacement, no?