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[–] flapjack_charlie ago 

Hijacking this comment because stuguy makes a good point. In case some of you don't know, what he refers to as the petrodollar is more commonly called the eurodollar and it's the basis for the LIBOR rate, which about 90% of floating rate debt (e.g. mortgages, loans, credit cards) float on top of. Our economy is based on the fact that other countries have to hold dollars in reserve to buy oil. That's why we do shit like this.