I like to remind European scolds of that event, because without their acquiescence, it never could have happened.
Euros (and the wealthier parts of Asia) have paid trillions in premiums for the 'privilege' of using "our" Petro-dollar™ to purchase energy for almost 50 years. All of which could have been avoided by foreclosing on the US the minute Nixon pulled that stunt.
I like to remind European scolds of that event, because without their acquiescence, it never could have happened.
Euros (and the wealthier parts of Asia) have paid trillions in premiums for the 'privilege' of using "our" Petro-dollar™ to purchase energy for almost 50 years. All of which could have been avoided by foreclosing on the US the minute Nixon pulled that stunt.