There Are No Petrodollars, Plus the Focus Misses the Point

realclearmarkets.com / Jeffrey Snider

There Are No Petrodollars, Plus the Focus Misses the Point April 01, 2022

There is no such thing as a petrodollar. Yet, the term continues to garner use in today’s discussions about global currencies and financial arrangements. The word is frequently thrown around whenever some oil producing state does something in partner...

published about 2 years ago




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