The Repercussions of America’s War on Iran: Is It a Restoration of the Dollar’s Hegemony or Digging the Grave for America?!
- Published in Politics
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The US dollar is arguably America’s most effective strategic weapon in extending its global dominance, by imposing it as the currency of the global economy. The petrodollar policy was a decisive factor in consolidating and strengthening the dollar as the global currency, by linking it to oil, the lifeblood and engine of the economic cycle, both in production and consumption.
