Interesting. Us crypto bros need to get our history right if we're to be taken seriously. Ultimately though, the case for crypto does not rest upon the details of petrodollar history.

New episode! Paul Blustein on the Rise, Dominance, and Current Challenges to King Dollar

Paul Blustein (@PaulBlustein) and David Beckworth (@DavidBeckworth) discuss how an unlikely deal with Saudi Arabia led to the rise of dollar dominance. https://t.co/H3gBLzDCax

Great show this week with @PaulBlustein on his new book “King Dollar.” In this clip, we discuss how many people get the petrodollar history wrong. It was not about a military deal, but about abut Saudi Arabia’s needing to find a big enough market to recycle its earnings.

David Beckworth

Interesting. Us crypto bros need to get our history right if we're to be taken seriously. Ultimately though, the case for crypto does not rest upon the details of petrodollar history.

https://x.com/DavidBeckworth/status/1912100748655010076?t=BZnOFZlq6KFK0jwi1kecrQ&s=19