Post
Topic
Board Economics
Re: Is the US dollar backed by oil?What do you think?
by
whirlcoin
on 24/03/2019, 17:20:58 UTC
I kinda like this guy and his Youtube content,but he is anti-bitcoin and he has some solid arguments.

https://www.youtube.com/watch?v=YChQ3KQ_1f4

https://www.youtube.com/watch?v=xNr1LWgIyiE

The first video is about the bitcoin bubble and the second video is explaining the petrodollar and the US/Saudi Arabia relationships.The petrodollar conspiracy theory sounds pretty good to me.

What do you think?
the chances of the price of US dollars will definitely effect when the price of oil will increase or decrease so it can be definitely considered economic situation for oil prices.