Скачать или смотреть How the US–Saudi Oil Deal Made the Dollar King

In continuation from Episode 2, where we explained how the US broke from the gold standard but kept global control of the dollar — this episode reveals the real turning point:
The US–Saudi Oil Pact of 1974.

After the 1973 oil crisis, the United States made a historic agreement with Saudi Arabia:
America would provide full military protection…
and Saudi Arabia would sell its oil only in US dollars.

This created the Petrodollar System, forcing every country in the world to hold and trade in dollars to buy oil — the fuel of global industry.

This single deal transformed the dollar into the world’s reserve currency for the next 50 years.

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