There are rumors and debates about the Petro dollar agreement between Saudi Arabia and the US. Some people say the deal is ending, while others call it fake news. Some even think this deal never existed.

Whitney Webb, founder of Unlimited Hangout, says the US dollar is strong because it can keep its value globally, even with inflation at home. For example, countries like Argentina use stablecoins instead of their own inflating currencies. Whitney thinks the decline of the Petro dollar system is a planned change with big impacts.

Historically, the US has protected the dollar's dominance, even using military action like the Iraq invasion in 2003 and the Libya regime change in 2011.