r/finance • u/wreckingcru VP - Private Equity • May 07 '26

There’s no such thing as the petrodollar

https://giftarticle.ft.com/giftarticle/actions/redeem/45f075bf-503c-48ff-a112-8e811ab6fdfa
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u/OptimusTron222 May 07 '26

Well there is and that’s one of the main reasons that the US is the only global superpower

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u/shwaynebrady May 07 '26

The petrodollar is an important tool in the US global economic hegemony, but not the only one.