De-Dollarization Archives - munKNEE.com
Wednesday , 2 December 2020

Tag Archives: De-Dollarization

Will May 20th Go Down In History As the Day the U.S. “Petrodollar” Monopoly Was Finally Shattered?

The struggle over Ukraine has caused Russia to completely re-evaluate the financial relationship that it has with the United States. If it starts trading a lot of oil and natural gas for currencies other than the U.S. dollar, that will be a massive blow for the petrodollar, and it could end up dramatically - and negatively - impacting the average American's current standard of living. Let me explain.

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