https://youtu.be/HxxsRkGFxoY The petrodollar system is fracturing faster than most analysts admit — and the consequences go well beyond economics byu/bam_jers inoil Posted by bam_jers
kingcakeaholic on March 9, 2026 4:35 pm Dollars are a tool that used to be linked to gold. Nixon changed that with a scheme to have oil rich nations buy Treasuries and support US Government borrowing. I’d be cautious about holding too many Dollars now by converting them to owning stuff.
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Dollars are a tool that used to be linked to gold. Nixon changed that with a scheme to have oil rich nations buy Treasuries and support US Government borrowing. I’d be cautious about holding too many Dollars now by converting them to owning stuff.