Zoltan's Dispatch is Nonsense, Here's Why - Daily Live 12.29.22 | E291
Bitcoin & Markets
00:00
The New Paradigm of Energy Cooperation in a Symbolic Word
The US imported oil and paid for it with US dollars, which Saudi Arabia spent on treasuries and arms. The meeting between FDR and King Saud was a new paradigm to the US's security guarantees for the kingdom in exchange for access to affordable oil supplies. Inflation traders do not seem to price in geopolitical risk as they take central banks inflation targets as a given.
Play episode from 47:39
Transcript
