No, the petrodollar isn't gas prices. The petrodollar is the system where all oil contracts in the world are settled in dollars. As of last week that is no longer the case, due to Biden sanctioning Russian oil and gas. Biden directly killed the petrodollar system. Now we have no guarantee against hyperinflation.
No, the petrodollar isn't gas prices. The petrodollar is the system where all oil contracts in the world are settled in dollars. As of last week that is no longer the case, due to Biden sanctioning Russian oil and gas. Biden directly killed the petrodollar system. Now we have no guarantee against hyperinflation.
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