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27min chapter
The End of the Petrodollar | Luke Gromen
Bankless
The Role of Energy in Shaping Empires and Currencies
The chapter examines the historical and present significance of energy in global empires, currencies, and the US involvement in the Middle East, emphasizing the critical role of securing a cheap energy source for power. It discusses the evolving relationship between energy, currencies, and reserve assets, highlighting the shift towards recognizing gold and potentially Bitcoin as better investments. The conversation also touches on the impact of technological advancements and changing dynamics in the energy market on oil prices and global power structures.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode