Matthew May

  • The Petrodollar: The Multi-Trillion Dollar Conversation

    As 2016 draws to a close, the fate of the petrodollar is unknown as U.S.-Saudi relations come into question. The Bretton Woods conference in 1944 resulted in a consensus that the U.S. dollar be gold-backed and regarded as the global reserve currency. By 1970, the results of Bretton Woods...