Saudi Arabia Drifts Away from Washington and the Dollar
06/15/2024•Mises Wire•Ryan McMaken https://mises.org/mises-wire/saudi-arabia-drifts-away-washington-and-dollar Earlier this week, those of us who follow news about the US dollar’s global status noticed numerous claims that the US-Saudi petrodollar agreement had “expired” and that the Saudis would now sell oil for many currencies other than dollars. Some versions of the story even claimed the Chinese yuan would replace […]
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