Petrodollars
Did petrodollars create a silent empire beneath every drop of oil?
4.1 (22)
45 mins
Explore how a secret 1970s deal between the US and Saudi Arabia transformed oil into the new gold standard. Discover how petrodollars helped the US maintain global dominance while quietly taxing the world.
Ep 1:
Forging the Petrodollar Empire
When gold backing collapsed in 1971, Nixon and Kissinger struck a bold bargain with Saudi Arabia to save the dollar—and enforced it with force whenever nations dared defy it.
Ep 2:
The Euro's Challenge to Dollar Rule
Petrodollars turned OPEC nations into global financiers overnight, but the euro's rise threatened to split the world into rival currency empires, igniting a hidden war over Iraq.
Discussions (20)
Walt
Level 9 · 8 mo agoOil is the new gold but with way more explosions
Renny
Level 7 · 8 mo agoThe Bush family ties to the Saudi royals since the 70s is the real story. Surely that explains why they got away with everything. Just elites looking out for their own pockets while preaching democracy to the rest of us.
Dash
Level 4 · 9 mo agoClaiming the war was just about currency is a massive reach. Saddam was a dictator destabilizing the region. You are giving the government way too much credit for being that smart or organized
