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Forum Post: Reality Check: What Is The Petro-dollar and Why Is China Trying To Destroy It?

Posted 2 years ago on Oct. 10, 2012, 12:29 a.m. EST by john23 (-272)
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[-] 2 points by hchc (3297) from Tampa, FL 2 years ago

This is a great topic, but I dont think anyone is destroying the "petro dollar" more aggressively than the US government.

[-] 1 points by john23 (-272) 2 years ago

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.