Howdy Money

  If you look at the modern world, there is a very strange fact that most of us never really question: why do we have to use US dollars to buy something essential like oil? Why can one country print huge amounts of money, keep running budget deficits, and still have its currency accepted by the whole world as a standard? Behind this is not just economic power, but a very carefully designed system, where energy, money, and geopolitical power are closely connected. The story starts after World War II, when the global financial system was reshaped. It reached a key turning point after the Nixon Shock — the moment when the US dollar lost its link to gold and faced the risk of collapse. But instead of becoming weaker, the United States created a completely new kind of “standard.” It was no longer based on gold, but on something the whole world cannot live without: oil. From that point on, a huge cycle was created, forcing every country to take part in it, whether they wanted to or n...