(Bloomberg) – All around the world, a backlash is brewing against the hegemony of the US dollar.

  • englishlad@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    1
    ·
    1 year ago

    Saddam wanting to trade oil in other currencies was at least a part in the build up to the invasion of Iraq. The Petrodollar is still a large part of the US’s financial strategy.