Emergence of the Eurodollar System | The Snider Series | Episode 2 (WiM088)
The "What is Money?" Show
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Oil Exporting Countries Are Selling Oil for Dollars
Oil exporting countries are selling oil for dollars out of, i guess, convenience. So the us. Ran a current and capital account o deficit to fight, you know, which made it seem like this petro dollar was a real thing. In fact, it was just the oil explorting countries using that ura dollar medium exchange, two exchange ats and andin, again, did you talk about me? We din't talk about really store value here.
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