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 The Petrodollar

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PostSubject: The Petrodollar   Sat Jun 21, 2008 2:09 am

I'm struggling to deal with the idea of the petrodollar and just came across this on the Feasta site.
To be honest, I have only half got my head around how petrol trading works in terms of the currency aspect of the deal. I'm not hoping for total clarity tonight, but I'm starting this thread so we can tip away at it until understanding dawns.

http://www.feasta.org/documents/review2/nunan.htm

Perhaps these people would like to affiliate with us too?
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