The place you will always long for but never be able to go.
Sunday, February 12, 2017
Social Matter - The Modern Economy And The Consequences Of The Petrodollar
New essay is up at Social Matter. This one is a logn read on the creation of the modern FIRE economy, the petrodollar and how we live with its consequences with regards to our foreign policy to this day. It underpins the FIRE economy due to the security of keeping the US dollar the world's reserve currency. America did have to perform a decade's worth of work to secure this. I hope you enjoy it.