The Petrodollar Just Died: Why America's 50-Year Free Lunch Is Ending
The Petrodollar Just Died: Why America's 50-Year Free Lunch Is Ending
Transcript
On March 15th, 2023, something happened that should have been front page news everywhere, but most Americans missed it completely. Saudi Arabia announced it would accept Chinese one for oil sales to China. Not dollars, yuan. For the first time in 49 years, the world's largest oil exporter agreed to sell its most critical commodity in a currency oth... Read More
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