“The Petrodollar is is serious trouble.“
It’s toast! The Yuan and Ruble are now being requested as payment. Way to go Joe, you just killed the USD. Inflation is nothing yet! Go look at shadow stats for a start.
With the USD about to loose the reserve currency status of the USD, we are in trouble.
If we cut back on purchases from our enemies I would think that would have an effect. It’s coming. No more chinese stuff for me. And we don’t need russian oil. We’ve got plenty.
The dollar’s status as reserve currency isn’t just due to the petrodollar. Neither one is going anywhere.