Quick question for you fine gentlemen much more versed in this subject then me: What happens to the U.S. dollar as we are forced to move away so rapidly from oil? As oil demand falls and therefore the need for the petrodollar, would not this rapidly decrease the dollars value and within the next 10 years result in massive inflation that makes the current inflation look like child's play? Without the need for the petrodollar, what is to prevent this?
|