Comment on Petrodollar Warfare -- AKA the "Oil Currency Wars"parentComments−HelloBeautiful15yYes, really. There is a huge amount of US dollars circling in the oil trade. If those were instead used to buy non-oil stuff, the price of non-oil things will go way up and so the value of dollar way down.
Comments
Yes, really. There is a huge amount of US dollars circling in the oil trade. If those were instead used to buy non-oil stuff, the price of non-oil things will go way up and so the value of dollar way down.