119. The rumor spread like an oil fire, but is this truly the end of the Petrodollar and U.S. Hegemony?

Milkshakes Markets Madness | Brent Johnson

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PETRODOLLAR PARANOIA
The end of U.S. dollar hegemony is likely to be a death by a thousand cuts.
But, if Saudi Arabia has decided to ditch the Petrodollar is this a single fatal blow no one saw coming?
Join Brent Johnson and Jon Kutsmeda to learn what, if anything, about this “breaking news” is true.
This and more on the latest episode of MILKSHAKES MARKETS MADNESS.
https://youtu.be/WfNb2BINyf0
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FULL-LENGTH EPISODE 81
(June 16, 2024)
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The full-length episode is a weekend release that dives deeper into the biggest themes from the prior week. Expect longer discussions and video playback times of over 30 minutes.
*** More information about Milkshakes, Markets, Madness, and the hosts, can be found after the chapter timestamps below. ***
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CHAPTERS
Season 02, Episode 23
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00:00 – Intros
00:40 – Global real estate insights
https://MacroAlchemist.com
04:46 – CPI inflation data
07:06 – Regional banks and Fed rate hikes
11:45 – Legacy of The Maestro
14:11 – Insider conversations
18:52 – Petrodollar history
21:16 – Details of the 1973 agreement and its impact
30:30 – Debunking misconceptions about the Dollar
37:21 – Closing Remarks
37:59 – Outros / Disclaimer
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