In 1913 the US Treasury was no longer printing US dollars. A private corporation the Fed Reserve took over the printing and setting interest rates and basically giving our elected officials the finger. The US went off the gold standard in the 70s. That's when the Petro dollar was established.
In 1913 the US Treasury was no longer printing US dollars. A private corporation the Fed Reserve took over the printing and setting interest rates and basically giving our elected officials the finger. The US went off the gold standard in the 70s. That's when the Petro dollar was established.