The invisible tax on the planet that lets Americans live beyond their means because Saudi Arabia and others agreed to price oil only in dollars.
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The global scam where oil is sold in dollars, dollars are printed endlessly, and the rest of the world gets to hold the bag when inflation hits.
The reason your cheap gas and strong dollar came with the hidden cost of America propping up authoritarian regimes in the Middle East.
The system that made “exorbitant privilege” the official U.S. foreign policy and forced every country to keep a pile of dollars whether they liked it or not.
The elegant extortion racket that let the U.S. export inflation while importing real goods.
The deal that is slowly dying as countries like China, Russia, and Iran start trading oil in yuan, rubles, and gold instead.
The financial weapon that gave America unmatched power for 50 years and is now becoming the biggest liability in the emerging multipolar world.
The brilliant post-WWII deal that let America print endless money because the whole world needed dollars to buy oil.
The reason Saddam and Ghadafi got killed over.
Something United States cannot survive without.
The method to export our inflation.