The conversation continues to explore the concept of petrodollar and its impact on the United States. It discusses the historical agreement between the US and Saudi Arabia, orchestrated by Henry Kissinger, which allowed oil trades to be settled in US dollars. The conversation also delves into the rise of the BRICS countries (Brazil, Russia, India, China, and South Africa) and their efforts to create their own currency to settle trade, potentially challenging the dominance of the US dollar. The discussion highlights the importance of being aware of these geopolitical events and their potential impact on the value of the US dollar. Wealth Health Radio with Joe Murphy is heard Sundays at noon on AM 560 The Answer, WIND in Chicago. Visit MWM Financial to connect with Joe.
Reports of the petrodollar system's demise are 'fake news' - here's why
What the end of petrodollars means Atlantic Council
U.S.-Saudi Petrodollar Pact Ends after 50 Years Reddit
Visit Broadcasting Experts for more on podcast production.
See omnystudio.com/listener for privacy information.
Popular Podcasts
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.