
The World Is Changing - Long-Term Secular Trend Shift
The Mark Moss Show
00:00
The Petro Dollar Is a Problem
In 19 71, when president ricard nixon removed the dollar from the gold standard, they moved something called a petro dollar. Since nine cents since then, since the creation of the petro dollar, that agreement was that sadi arabia would price all omsi all oil, in dollars. And so if they want oil, they got to pay in dollars. That is what's kept the dollar propped up. But if sadi Arabia wants to jump ship, what's going to happen? Im explain that and more, where i think the world is going in the next couple of years, and what i'm doing about it.
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