turbo diesal - 6/13/2024 18:35
Oil being bought with in dollars created international demand for dollars allowing the US to create a lot of money while allowing the whole world to soak up a large amount of the inflation that it would have caused.
In theory this will lead to higher levels of inflation and a weaker dollar going forward.
I agree. America has lived good due to the government running a printing press and exchanging those dollars for cheap merchandise bought abroad. | 
Dollar no longer oil standared currency
