Petrodollars obtained by exporters is used to buy US based assets and/or financial instruments (treasury bonds, stocks, real estate), literally “recycling” all

Petrodollars obtained by exporters is used to buy US based assets and/or financial instruments (treasury bonds, stocks, real estate), literally “recycling” all that extra capital... though the Saudis have been dumping a lot of their assets for a few years already, as they plan on diversifying their economy but I guess that’s tangential