The story of the petrodollar’s rise and reign began in the 1970s, following the collapse of the Bretton Woods system, the US negotiated a landmark agreement with Saudi Arabia. The foundation of ...
The term ldquo;petrodollar rdquo; originated in the 1970s to describe U . S . dollars earned by oil-exporting countries, primarily in the Middle East .
The dominance of the U.S. “petrodollar” continues to this day. Recent news coming out of Russia, however, suggests that the era of U.S. dollar dominance could be coming to an end, due to ...
Featured Story: An opinion piece by David Z. Morris, titled: “The Petrodollar and Its Discontents Point to Bitcoin's Role in the Financial Future” This episode was hosted by Adam B.
Some producers doubtless will fare better than others but the power of the petrodollar has gone. My sense is that western foreign policymakers are still clinging to the idea that nothing much has ...