Eurodollar University cover image

Commodity-Based Money (Gold, Oil) is Undesirable [Eurodollar University, Ep. 230]

Eurodollar University

00:00

Introduction

The petro dollar is a return to commodity based monetary order. Most people believe, august 19 71, president nixon said, us. Dollars no longer convertible into gold. That just wasn't true. We had transitioned into something called the uro dollar, which was a very different type of system. The misperception there, from the 19 thirties, was that 61 o two unleashed government power.

Play episode from 00:00
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app