Daily Archives: May 12, 2011

Petrodollars, War, Peace and Economics, Part 2

Petrodollars in action: a West Texas pumpjack well

Petrodollars served America’s governments well for more than 25 years, until other governments—and madmen—saw chances to rebel or conquer the world.

Petrodollars, War, Peace, and Economics, Part 1

Petrodollars in action: a West Texas pumpjack well

Petrodollars drive American political indulgence and provoke war and terrorism. But few living today remember how petrodollars started.