Death Of The Petro Dollar

Death Of The Petro Dollar, so what does that really mean? Firstly it needs to be understood at the time of writing this article the United Stats Dollar is the worlds reserve currency. That means that many countries around the world settle their trade transaction such as export and import of oil in US dollars. Therefore a massive amount of the US dollars used by these foreign courtiers never return to the US. If this massive amount of US dollars should return to the US could accelerate the loss of the purchasing power of what is left of the dollar.