There were plenty of headlines about the demise of the Petrodollar in recent weeks. The question is what does that mean? I sat down with Joe Murphy of Murphy Wealth Management in Valparaiso Indiana. Joe breaks it down in an easy to understand way and points out what it could mean and what impact it could have on retirees. This is the first of two parts that takes a deep dive into the Petrodollar and the de-dollarization. Joe Murphy and his show Wealth Health Radio heard Sundays at noon on AM 560 The Answer on WIND in Chicago. Visit MWMFinancial.tax to learn more.
Reports of the petrodollar system's demise are 'fake news' - here's why