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TIP457: Why the Dollar Is Not Collapsing w/ Jeffrey Snider
We Study Billionaires - The Investor’s Podcast Network
The Petrodollar, Is It Purely Symbolic?
A lot of people operate on narratives, writ and narratives get kind of pass round. So this petro doller is really interesting, it seems. Is it purely symbolic, in your opinion, or is there some truth in it that has just been sort of misunderstood or misextrapolated overtime? It's a little bit of both, stray. The idea of a petro dollar starts from that very natural, very understandable illiteracy and ignorance. But when you actually look underneath the surface of the water at the full iceberg, what you find out is more going on than we think.
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