Yes. That is exactly why. Killing the petrodollar would have been the scandal of the century if Trump was in office. It would have been Russiagate level propaganda against him. They would have castigated him as bad at foreign relations and destroying the American economy and dollar.
But it happens under Joe Biden and no one says shit. Most Americans don’t even know it happened.
Lest we forget, as it seems the media does, Obama started the downfall of the dollar, he said he didn't mind if the dollar was weaker. I copied an article from Fox business and linked it below. I could not read the entire article, because my AdBlock was on-even though I disabled it, so I posted the link anyway, not sure if it states what I am saying here but the gist of the article is the dollar weakening because Obama said it's strength was problematic
Have been hearing about the death of the dollar for years and years. Can anyone explain to me what is actually going on? One group says the future is gonna be great. The other side is pretty much doom and gloom. It is becoming too confusing for me.
I also wish I knew what the outcome of all this will be. If I could answer your question, I would probably be running for president (only kidding, who would want that job?).
Yes. That is exactly why. Killing the petrodollar would have been the scandal of the century if Trump was in office. It would have been Russiagate level propaganda against him. They would have castigated him as bad at foreign relations and destroying the American economy and dollar.
But it happens under Joe Biden and no one says shit. Most Americans don’t even know it happened.
Lest we forget, as it seems the media does, Obama started the downfall of the dollar, he said he didn't mind if the dollar was weaker. I copied an article from Fox business and linked it below. I could not read the entire article, because my AdBlock was on-even though I disabled it, so I posted the link anyway, not sure if it states what I am saying here but the gist of the article is the dollar weakening because Obama said it's strength was problematic
https://www.foxbusiness.com/markets/dollar-weakens-on-report-obama-said-strength-is-problematic
Have been hearing about the death of the dollar for years and years. Can anyone explain to me what is actually going on? One group says the future is gonna be great. The other side is pretty much doom and gloom. It is becoming too confusing for me.
I also wish I knew what the outcome of all this will be. If I could answer your question, I would probably be running for president (only kidding, who would want that job?).
Most Americans don't even know what the 'petro dollar' is/was. Even those from Nixon's day.