Jason Purcell — The Petrodollar System (Part 2) - The Brian D. O'Leary Show Ep 93

The Brian D. O’Leary Show December 5, 2023 Jason Purcell – The petrodollar system (Part 2) Ep. 93 Check us out on Substack: https://open.substack.com/pub/briandoleary/p/jason-purcell-the-petrodollar-system?r=3c44f&utm_campaign=post&utm_medium=web We welcome financial analyst Jason Purcell on the program for the second part in a series on the history of money and banking. We’re talking about the “petrodollar” once again. Jason is working on a book on the topic which includes a chapter about his theory of the “Petrodollar System.” You can find the first episode at our Substack page (and on all podcatchers): https://briandoleary.substack.com/p/the-petrodollar-system-part-1-w-jason Jason will be on the show again soon to complete his analysis of the petrodollar system. Once we complete the discussion, we’ll have a longer compilation episode and more robust show notes page for you. Topics discussed: A Spate Of Recent Deals Raises Chatter Of A Fading Petrodollar (Forbes) · Jason mentions this article as an entry point into our discussion. Petrodollar-Saudi Axis Is Why Washington Hates Iran · Gary Richied article that Jason mentions. "Petrodollar" search at Mises.org · https://mises.org/search-mises?search=petrodollar · Several mises.org articles reference “petrodollar” (36 at last count). Take some time and read the free resources. · Jason’s theory runs somewhat counter to what you’ll hear in Forbes or mises.org, but it helps to have the background Not So Fast My Friend! · Lee Corso autographed 8x10 poster (eBay) OPEC · OPEC countries include: Algeria, Angola, Republic of the Congo, Equatorial Guinea, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, United Arab Emirates, Venezuela o The host was unaware that Nigeria was a part of OPEC. It is! · OPEC+ is a loose grouping of countries that includes Azerbaijan, Bahrain, Brunei, Brazil, Kazakhstan, Malaysia, Mexico, Oman, Russia, South Sudan, and Sudan. BRICS