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Ep 29 Cryptocurrency & the Petrodollar // Sleeping Man [Ep 9]
Sleeping Man Podcast
1 hour 44 minutes 31 seconds
3 years ago
Ep 29 Cryptocurrency & the Petrodollar // Sleeping Man [Ep 9]
On August 15th, 1971, The United States of America went into bankruptcy when President Richard Nixon announced that he was directing then Treasury Secretary John Connally to suspend, with a few minor exceptions, the convertibility of the dollar into gold by ordering the gold window to be closed.
Frank Polsinello, Jude Goldman and Greg Kerber discuss the petrodollar, the emergence of Crypto Currencies and its legitimacy when compared to the wavering dollar. As well as the Alliance of China, Russia and Saudi Arabia's involvement in World War III unconventionally declared on the US being fought globally across the financial markets in what could be a detrimental outcome to the sovereignty of the US until we start the ramp up of our petrol industry.....
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