The Petrodollar Mechanism
Thermodynamic Substrate of Dollar Hegemony
1974 Kissinger-Faisal arrangement: Saudi oil priced exclusively in USD. Every importing nation must hold dollars to buy energy = artificial permanent global dollar demand.
Also in The Kingdom
King SalmanFormal Monarch — Final Legitimacy BridgeMuhammad bin Nayef (MBN)Deposed Crown Prince — Latent Deep-State NodeSheikh Salman al-AwdaSilenced Reformist — BCS FlashpointYasir Al-RumayyanPIF Governor — Financial Executor of Vision 2030The Succession Trap [NEW]Report #44 — Three Scenarios, One Structural VulneThe Foreign Intelligence Dimension [NEW]Report #44 — Who Backs Whom in a CrisisThe Cascade [NEW]Report #44 — What Breaks If Saudi Succession Break