| Every couple of months I run into someone who tells me the dollar is doomed. Doomed! At least the latest version of this theory was a bit more interesting than the usual ones that pop up every year or so. At a dinner party this summer, one guest was breathless about reports that Saudi Arabia was ending its "petrodollar pact" with the United States. That is, the Kingdom was about to stop selling its oil in U.S. dollars, and this would inevitably sink the greenback once and for all - and take the U.S. empire down with it. He wasn't the only one to believe this. If you check Google Trends, you'll see that searches for the word "petrodollar" spiked in mid-June. Somebody - Russian bots, conspiracy theorists, gold bugs, it's not clear exactly who - was spreading this earth-shaking revelation about the dollar. There were just a few problems with this news... | 
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