Felix Nikolas Prehn: What Happens If The World Stops Needing Dollars For Oil

A missile strike in Saudi Arabia kicks off a chain reaction that can end in higher inflation and a weaker dollar, even if you never follow foreign policy. We connect the 1974 petrodollar deal, the Saudi riyal peg, central bank gold buying, and what to check in your own holdings before the market reprices risk. • the missile strike as a currency and portfolio story • why oil spikes hit gas, groceries, heating, then investments • the 1974 oil for dollars arrangement and why it...