A “Petrodollar” is a U.S. Dollar obtained through the sale of crude oil, i.e. it’s a term created particularly to describe the situation of the OPEC countries. The sale of this commodity allows these nations to prosper and reinvest its USD in the nations which purchase it. It’s one of those unofficial axioms over which … Continue reading The End of the Petrodollar & the Rise of the Petroyuan