Petrodollars drive American political indulgence and provoke war and terrorism. But few living today remember how petrodollars started.
Petrodollars are US dollars that one person, group or country pays another for oil. 677 more words
6 days, 2 hours
Thy word .....
Spring cleaning precedes the big bang Spring Festival that is starting today. For many traditional families, the days prior to this great event are consumed with spring cleaning the homes and decking them with festive decor. 691 more words
By Rachel Evans
(Bloomberg) — The minutes from the Federal Reserve’s meeting last month have foreign-exchange traders wondering whether Janet Yellen has joined the currency wars. 791 more words
The dollar started the big rally in July last year and are getting stronger and stronger. The dollar Index Spot (DXY) is now trading at 94,7450. 886 more words
2 weeks, 2 days
Source: Dollar Collapse, by John Rubino
Two weeks ago Switzerland abruptly decided that it couldn’t keep buying billions of euros every month just to maintain a somewhat arbitrary peg with that currency. 256 more words
Let`s face it; there is a war out there. Not World War I or World War II, but a currency war that started five years ago. 1,026 more words
3 weeks, 6 days
Staring Over the Edge of the Abyss