Did the Saudis Just Kill the Dollar? Brent Johnson

“The reason the U.S. needs to print more money is because there's a demand for it,” says Brent Johnson, CEO of Santiago Capital and creator of the Dollar Milkshake Theory. He tells Daniela Cambone that the petrodollar will not be jeopardized despite recent headlines. Johnson explains the history behind why Saudi Arabia began selling oil primarily in dollars in the 1970s and why this practice will continue.

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