Thanks for the lecture on fiat currency, but it’s valuable because will do work for it, and because international oil purchases are denominated in it. Read up o

Thanks for the lecture on fiat currency, but it’s valuable because will do work for it, and because international oil purchases are denominated in it. Read up on the petrodollar system if you’re interested. And devaluing it is not without cost, inflation causes all sorts of turmoil.