
Why do countries far from the U.S. still price trade, oil and debt in dollars? In this clear “Explain it to me” episode, we unpack the rise of the greenback—from Bretton Woods and the gold peg to the eurodollar boom, the Nixon shock, the petrodollar era, and today’s system anchored by deep U.S. markets and Federal Reserve backstops.What you’ll learn:• How Bretton Woods made the USD the world’s anchor• Why the gold window closed—but dollar dominance survived• Eurodollars, oil pricing, and petrodollar recycling• The five pillars: scale, safe assets, liquidity, networks, backstops• What de-dollarization really means (and what could change)If this helped, like 👍, comment your take on de-dollarization, and subscribe for more macro & geopolitics explained.#USD #DollarDominance #BrettonWoods #GoldStandard #NixonShock #Petrodollar #Eurodollar #DeDollarization #BRICS #GlobalFinance #Macroeconomics #FederalReserve— WATCH ON YOUTUBE —▶️ Full video + visuals: https://www.youtube.com/channel/UCMM5njMdEI7Wyqt3M5mrE1A🧭 Handle: @Explainittome-official— FOLLOW & LISTEN —🎧 Spotify: https://open.spotify.com/show/2KZ2NUu1MjJolN2alJltnN🛰️ RSS (all apps): https://anchor.fm/s/10881159c/podcast/rss🍎 Apple Podcasts (EN): https://anchor.fm/s/10881159c/podcast/rss🍎 Apple Podcasts (PT-BR): https://anchor.fm/s/1087502fc/podcast/rss… and everywhere podcasts are available.— STAY CONNECTED —✅ Subscribe to the channel🔔 Turn on notifications💬 Drop your questions for the next episode