Why is Oil Traded in USD? The Petrodollar System Explained
Ever wondered why oil isn’t sold in Euros or Yen? Learn the history of the petrodollar and how it gives the U.S. economy its “exorbitant privilege” in the global market.
Thoughts Worth Your Time
Ever wondered why oil isn’t sold in Euros or Yen? Learn the history of the petrodollar and how it gives the U.S. economy its “exorbitant privilege” in the global market.