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.

1 comment:

Random Dude on the Internet said...

Good stuff. Read it in pieces throughout the day. You and/or Social Matter should consider bundling a number of these essays up and selling them as an ebook.