Anyone who thinks that "petrodollar" means "US Dollar" is an ignorant imbecile.
"Petrodollar" simply means the revenue a country makes from exporting oil. It is not the name of a currency.
It does not mean "US Dollars that are traded for oil" or anything like that.
It it always fucking hilarious to see how ignorant people are when they talk about oil and how it's traded even though it is ridiculously easy to find that information.
Anyone who thinks that "petrodollar" means "US Dollar" is an ignorant imbecile.
"Petrodollar" simply means the revenue a country makes from exporting oil. It is not the name of a currency.
It does not mean "US Dollars that are traded for oil" or anything like that.
It it always fucking hilarious to see how ignorant people are when they talk about oil and how it's traded even though it is ridiculously easy to find that information.
https://community.oilprice.com/blogs/entry/250-why-is-oil-priced-and-traded-in-us-dollars/
https://www.quora.com/Why-is-oil-priced-and-traded-in-U-S-dollars?share=1
https://www.investopedia.com/terms/p/petrodollars.asp
Your point? Are you intellectually unable to articulate an argument?
My point in directly linking you to the definition of "petrodollar" on investodeia.com, which directly contradicts everything you have said?
Well, apparently I don't have one. At least not one that will penetrate that dense skull of yours.