By Alberto Frammartino, July 29, 2024
Investigative journalist Whitney Webb explores how the petrodollar system operates and examines the potential structure of a post-oil economy. As Saudi Arabia aims to reduce its role in sustaining the Dollar as the world’s reserve currency, Webb argues that debt-based transnational economic policies are shifting towards a Central Bank Digital Currency (CBDC) to potentially replace the Dollar as the global reserve currency.