2 ms·
The "Petro dollar" is a thing because the US sells products petroleum producing states want to buy (and does so in USD). Those are defence kits and investments
by LatteLazy 4y ago
The "Petro dollar" is a thing because the US sells products petroleum producing states want to buy (and does so in USD). Those are defence kits and investments (financial services).
So the US can just sell the same products to semiconductor producing countries. Taiwan seem like a good candidate to buy weapons for a start...