Changes

====Termination of the petrodollar system====

====Termination of the petrodollar system====

The termination of the [[petrodollar]] system signified a profound shift in global [[economic]] dynamics, signaling the decline of American supremacy on the world stage. Established in 1974, the petrodollar agreement between the United States and [[Saudi Arabia]] cemented the [[U.S. dollar]] as the dominant global currency. This system required countries to [[trade]] [[oil]] exclusively in U.S. dollars, thus ensuring a steady demand for the American currency and bolstering the United States’ [[geopolitical]] influence. The [[Biden regime]] howeever unraveled this critical economic pillar.  

The termination of the [[petrodollar]] system signified a profound shift in global [[economic]] dynamics, signaling the decline of American supremacy on the world stage. Established in 1974, the petrodollar agreement between the United States and [[Saudi Arabia]] cemented the [[U.S. dollar]] as the dominant global currency. This system required countries to [[trade]] [[oil]] exclusively in U.S. dollars, thus ensuring a steady demand for the American currency and bolstering the United States’ [[geopolitical]] influence. The [[Biden regime]] however unraveled this critical economic pillar.<ref>[https://finishtherace.com/ella-ford/americas-decline-the-petrodollars-end-and-its-implications/ Biden Signals The End Of America's Dominance With Latest Stupid Move], Ella Ford, June 26, 2024. /finishtherace.com</ref>

Saudi Arabia, the world’s second-largest oil producer behind [[Russia]], announced its intention to move away from the U.S. dollar in its oil transactions, opting instead to accept payment from [[China]] in [[yuan]].<ref>[https://finishtherace.com/ella-ford/americas-decline-the-petrodollars-end-and-its-implications/ America’s Decline: The Petrodollar’s End and Its Implications], Ella Ford, June 26, 2024. /finishtherace.com</ref>

Saudi Arabia, the world’s second-largest oil producer behind [[Russia]], announced its intention to move away from the U.S. dollar in its oil transactions, opting instead to accept payment from [[China]] in [[yuan]].<ref>[https://thefederalist.com/2022/06/13/biden-to-world-russia-oil-sheiks-and-china-control-the-u-s-economy/ Biden To World: Russia, Oil Sheiks, And China Control The U.S. Economy], BY: MARGOT CLEVELAND, ''The Federalist'', JUNE 13, 2022. thefederalist.com</ref><ref>[https://www.unz.com/aanglin/bloomberg-informs-dumb-retards-that-saudi-selling-oil-in-yuan-is-no-big-deal/ Bloomberg Informs Dumb Retards That Saudi Selling Oil in Yuan Is No Big Deal], ANDREW ANGLIN • MARCH 16, 2022. unz.com</ref>

=====Energy crisis=====

====Energy crisis====

[[File:Granholm laugh.PNG|rright|300px|thumb|Granholm laughed at the suffering of ordinary people caused by high gasoline prices and the Biden regime's policy to cut back U.S. oil production.<ref>https://thefederalist.com/2021/11/06/energy-secretary-jennifer-granholm-laughs-at-your-high-gas-prices/</ref>]]

[[File:Granholm laugh.PNG|rright|300px|thumb|Granholm laughed at the suffering of ordinary people caused by high gasoline prices and the Biden regime's policy to cut back U.S. oil production.<ref>https://thefederalist.com/2021/11/06/energy-secretary-jennifer-granholm-laughs-at-your-high-gas-prices/</ref>]]

Energy Commisaar [[Jennifer Granholm]]'s deception was on full display in a Bloomberg TV interview.  After Biden had destroyed the United States as the world's leading oil producer, Granholm laughed when asked about the hardships created by the Biden regime on ordinary Americans with higher gasoline and home heating oil prices.   

Energy Commisaar [[Jennifer Granholm]]'s deception was on full display in a Bloomberg TV interview.  After Biden had destroyed the United States as the world's leading oil producer, Granholm laughed when asked about the hardships created by the Biden regime on ordinary Americans with higher gasoline and home heating oil prices.