Petrodollar. But then they always find a way to make us pay the price for their losses.
No cash. No groceries. No food. The piggly wiggly isn’t going to accept driveway gravel for my chicken dinner.
It’s the death of the PETRODOLLAR.
Since the US went off the gold standard, USD has been linked to petroleum instead. Oil is traded in dollars. Demand for dollars depends on buying and selling oil, so cheap oil means a glut of unused dollars, dropping its value.