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Nixon's Petrodollar: The US Dollar Ponzi Scheme Exposed #shorts
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643 vues13J'aime1:52PredictiveHistoryTVVersion originale : 2026-05-26

After Nixon removed the US dollar from the gold standard in 1971, the dollar's value was no longer backed by gold, so the US created the petrodollar system, which ties the dollar's value to oil by requiring Middle Eastern countries like Saudi Arabia to sell oil exclusively in US dollars. This arrangement creates global demand for dollars because everyone needs them to purchase oil. Additionally, China was transformed into a manufacturing hub that produces goods for the global economy using US dollars, further cementing the dollar's position as the world's dominant currency.

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