3 ms·
>perhaps ultimately from the US military Does this have something to do with aftermath of Vietnam War in 1970s? US got broke, to recover, they made a pact with
by stealthcat 9y ago
>perhaps ultimately from the US military
Does this have something to do with aftermath of Vietnam War in 1970s?
US got broke, to recover, they made a pact with Saudis, ditched gold and use USD instead for reference currency, and oil transactions are in USD (i.e. 'petrodollars')
Then things went downhill globally.