5min chapter

Bankless cover image

The End of the Petrodollar | Luke Gromen

Bankless

CHAPTER

The Shift from Petrodollar to Monetary Change

This chapter examines the shift from a petrodollar system and its potential impacts on global currencies, focusing on the evolving oil trade practices of nations like China. The discussion highlights the possible economic crises that may emerge as countries adjust their reliance on the dollar amidst increasing energy demands.

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