Ep. 2621 How The END of the Petrodollar Is Changing The World!!!
Turley Talks
podcast@turleytalks.com
4.8 • 1.3K Ratings
🗓️ 11 June 2024
⏱️ 11 minutes
🧾️ Download transcript
Summary
On June 9th, 2024, the world changed! The 50-year agreement between the United States and Saudi Arabia and the petrodollar officially came to an end. But why and what does the end of the petrodollar mean for the rising world order? Find out precisely what’s going on with the petrodollar and how it will affect us going forward.
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Transcript
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| 0:00.0 | Are we seeing the revitalization of conservative civilization? |
| 0:05.0 | All over the world, there's been a massive backlash against globalization, |
| 0:09.0 | its leftist leadership, and its anti-cultural liberal values. |
| 0:14.5 | And it's just the beginning. |
| 0:16.7 | I'm Dr. Steve Turling. |
| 0:18.1 | I believe the liberal globalist world is at its brink and a new conservative age is rising. |
| 0:24.0 | Join me every day as we examine these worldwide trends, |
| 0:28.0 | discover answers to today's toughest challenges, |
| 0:31.0 | and together learn to live in the present in life of even better things to come. |
| 0:35.8 | This is Turley Talks. |
| 0:39.8 | Just the other day, June 9, 2024, the world changed. |
| 0:45.4 | The 50-year agreement between the United States and Saudi Arabia |
| 0:48.9 | and the Petrodollar officially came to an end. |
| 0:52.3 | But why? And what does the end of the Petrodollar |
| 0:55.2 | mean for the rising new political order? I'm Dr. Steve Turley, your patron |
| 1:00.2 | professor. We're going to find out precisely what's going on with the Petro Dollar and how it will |
| 1:05.0 | affect us going forward. So make sure to like, comment, and subscribe, and let's dive right in. |
| 1:11.5 | With the end of the gold standard in the 1970s the United States struck a deal |
| 1:16.4 | with Saudi Arabia to standardize oil prices according to the US dollar. |
| 1:21.2 | In many ways this deal more than anything else elevated the US dollar to the world's |
| 1:26.4 | reserve currency, since with dollars you could buy oil and gas directly without going |
| 1:31.8 | through some kind of exchange rate. |
... |
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