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CLASSIC: Petrodollar 101

Stuff They Don't Want You To Know

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What Is the Difference Between a Dollar and a Currency?

Petro dollars are a form of gold that functions as a way to prop up a currency, right? Yet, it's tying the concept of a currency to a tang asset. And i guess if you limit the area where those things can be used, currencies are powerful things. But they don't need to be backed by anything. It could just be my good name, canni.

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