Understanding PETRODOLLARS: US Oil production effect on the global economy

Episode 181:  The amount of US Dollars in global circulation has been in decline primarily because of a reduction in Petrodollars (value that’s earned by oil producing countries).  The lack of US Dollars in circulation is a principle reason why global trade is so sluggish.

See also:  http://www.investablewealth.com/its_still_all_about_oil/

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Hosted by John Pugliano. The Wealthsteading Podcast provides stock market commentary and investment insight based on 10 simple wealth building principles.

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