Has President Trump Hammered the Final Nail in the Coffin of the Petrodollar?

#dollar #petrodollar #brettonwoods #gold #opec #saudiarabia #fiatcurrency #reservecurrency #geopolitics

Today I look at some developments in the relationship between the United States of America and the Kingdom of Saudi Arabia as it pertains to the 1970s Petrodollar agreement designed and negotiated by then U.S. Secretary of State Henry Kissinger.

Last week, according to the WSJ, the U.S. pulled Patriot Missile batteries and other forces from the Kingdom. I look at an article by The Spectator that touches upon this development and one of the conclusions I come to is that the President of the United States might just have put the Petrodollar system out of action for good.

The Spectator article: https://www.spectator.co.uk/article/has-trump-finally-decided-to-dump-saudi-

The Rise of the Petrodollar System: “Dollars for Oil”: https://www.financialsense.com/contributors/jerry-robinson/the-rise-of-the-petrodollar-system-dollars-for-oil

China Delivers Knockout Blow to Petrodollar. Part 1:

China Delivers Knockout Blow to Petrodollar. Part 2:

China Delivers Knockout Blow to Petrodollar. Part 3:

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