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MacroVoices #340 Dr. Anas Alhajji: Erik has the Energy Crisis story all wrong. It’s WORSE than he thinks!
Macro Voices
Will Opic or South Arabia Dits the Dollar Pricing?
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When we moved from the gold standard to a flow dollar, the first loser in the world was opic and opic members. The real value of their oil just declined substantially with the inflation. So even if countries try to create their exchanges, as long as the us. Is the largest producer and a large exporter, oil will remain priced in dollar no matter what.
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