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In fact, most countries must buy or trade for dollars to buy oil, propping up the value of the dollar.
Petrodollar Warfare is the best attempt at explaining the recent free fall of the U.S. Dollar and giving another reason to why we hold onto this failed war in Iraq.
Clark warns America’s belligerency will be thwarted by the international community in nonviolent economic warfare of abandoning the dollar.
The 20th century was the American century. The United States lead the world economy with invention and innovation. Read morePublished 6 months ago by Mikio Miyaki
Petrodollar operates from an unsettling thesis, that America's hegemony is based on an unstable reliance on dollar-denominated oil transactions, and that America uses military... Read morePublished 19 months ago by C. Hoffmann
Couldn't get past the first chapter before I had literally through the book away. I'm an avid reader of books on the reserve currency and or petro dollar, however this book has... Read morePublished 20 months ago by Ziggyz
While a bit One sided, I found the information quite illuminating. It would be nice if more people informed themselves on this subject, as well as how and why currency is valued. Read morePublished on February 3, 2010 by Brian
It is today considered no longer surprizing that fossil fuel has been used so much that the entire Industrial Revolution will be referred to as a period which was represented by a... Read morePublished on November 18, 2008 by The Hermit
I enjoyed this book very, very much. Most all "peak oil" books are written by liberal democrats that are on the far left. This is just one point of view. Read morePublished on July 12, 2008 by keith renick
EVERY young person should read this book. Its shockingly accurate as never in the history of the U.S. Read morePublished on April 21, 2008 by Eduardo Torres
Petrodollar Warfare is the best attempt at explaining the recent free fall of the U.S. Dollar and giving another reason to why we hold onto this failed war in Iraq.Published on November 21, 2007 by niccolo raven