Post
Topic
Board Economics
Topic OP
USA dollar and oil
by
Polo7
on 14/10/2020, 11:58:38 UTC
The oil reservers around the world is full.
There is all ready too much oil.

The USA dollar demand was coz of oil.
USA dollar have problem now!!
USA dollar was backed by oil Trading!
Now When oil is down in order to keep USA dollar as Reseve currency they need to Back up USA dollar with other things.