Block007 - Discussing Alex Gladstein’s ’Uncovering the Hidden Costs of the Petrodollar’
Description
"When countries are forced to exchange their own currencies for dollars to buy oil, this strengthens that trading pair for that country, extending U.S. influence beyond energy markets."
- Alex Gladstein
In Block007 of The Bitcoin Journey, Tim & CJ discuss Alex Gladstein's article "Uncovering the Hidden Costs ofThe Petrodollar", a fantastic account of the USA manouvering to control the currency denomination of oil.
This is a great read, and it's worth spending the time digesting the points Alex presents, before diving into the discussion CJ & Tim have around some hard hitting macro questions:
- How legitimate is the petrodollar theory
- What impact does this have on the global economy
- How can we determine the difference between conspiracy and fact
- The petrodollar effect on the environment
As always, you can follow the author and access the article via the links below:
Alex Gladstein @gladstein
Article Uncovering the Hidden Costs ofThe Petrodollar
Bitcoin Audible Version
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Tim @BitcoinTimO
Podcast @BTCJourneyPod
Website http://thebitcoinjourney.org
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