petrodollar
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X @Nick Szabo
Nick Szabo· 2026-03-23 06:34
RT Nick Szabo (@NickSzabo4)@TheIngated @biancoresearch @citrinowicz The petrodollar is critical for some financial elites. It is far from critical for the U.S. economy. ...
X @Nick Szabo
Nick Szabo· 2026-03-22 19:57
RT Marko Simovic (@markosim82)This is the clearest framing I've seen anywhere. What you're really describing is the petrodollar losing its physical layer. For 50 years, dollar dominance in energy was enforced through guaranteed safe passage. Iran just proved that guarantee is breakable — and China had the plumbing ready. The question is whether the US can reverse this before it becomes the new normal. ...