US Debt Got Us Hooked on Petrodollars — and on Saudi Arabia

“Petrodollars and petrodollar recycling are at the heart of what keeps the US debt and money-printing mechanism going. The geopolitical stakes are very high.”

https://mises.org/wire/us-debt-got-us-hooked-petrodollars-%E2%80%94-and-saudi-arabia

SEE:

US Debt Got Us Hooked on Petrodollars — and on Saudi Arabia

 

The Rise of the Petrodollar System: “Dollars for Oil”–Introduction to Part 2–Parts 1,3 and 4 included

 

Podcast: Petro Dollar in Peril