The Iran War Is Bigger Than Iran: How Money, Oil & Power Led Us Here
The war with Iran may be happening on the battlefield, but Pete argues the real story is much bigger: oil, sovereign debt, the U.S. dollar and the struggle for global financial power.
In Part 1 of this Deadly Intentions deep dive, Bubba and Pete go back through the economic and geopolitical history that led to the current conflict. They break down why the Strait of Hormuz matters to the American economy, how U.S. sovereign debt became a potential vulnerability, and how the dollar’s role as the world’s reserve currency became intertwined with oil and American power.
From Bretton Woods and the…
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