America's Most Powerful Weapon Is Not Nukes, It’s the Petrodollar

Ever heard of the petrodollar and wondered what it is? Why does the U.S. dollar dominate global trade? And why is oil almost always priced in USD? This video breaks down the petrodollar system, how it strengthens the U.S. economy through petrodollar recycling, and why BRICS countries are pushing for de-dollarization with alternatives like the petroyuan. But could the petrodollar collapse? And if it does, would the U.S. lose its status as a superpower?

Using simple language and real-life examples, we'll explore how the petrodollar shapes global finance and why it’s so controversial. Subscribe for more financial videos and tricks!

You can watch the "What is Fiat Money? Why Paper Money Has Value?" here:    • Why Paper Money Has Value? Fiat Money Expl...  

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Chapters:
0:00 Introduction
0:43 What is the Petrodollar?
3:20 History of the Petrodollar
8:16 How Important is the Petrodollar to the U.S.?
9:45 Why is the Petrodollar Controversial?
13:12 Future of the Petrodollar

Credits:
U.S. Military Edit:    • ⚔️🇺🇸 US Military Edit🇺🇸⚔️  
Oil in the desert:    • river of crude oil in the middle of desert  
USBall thumbnail: Michael_nagik_-_Fourth_of_July