Forum Post: Reality Check: What Is The Petro-dollar and Why Is China Trying To Destroy It?
Posted 11 years ago on Oct. 10, 2012, 12:29 a.m. EST by john23
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This content is user submitted and not an official statement
Good information from a real reporter:
This is a great topic, but I dont think anyone is destroying the "petro dollar" more aggressively than the US government.
agreed...money printing at home...who wants to be forced to use a devaluing currency...i don't blame them for their actions to get out of the petrodollar....it's logical.
Exporting our inflation is going to become a little more difficult when this takes full effect.