April 12, 2026

Capitalizations Index – B ∞/21M

What is the Petrodollar and Why Does It Matter

What is the petrodollar and why does it matter

What is the Petrodollar and Why Does It Matter

What is the petrodollar and why does it matterA discussion of what really backs the US dollar: Oil, and the Saudi agreement brokered by William Simon in 1974 to accept only dollars for their oil, and buy Treasury bonds with their excedent.

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