# The Petrodollar System Is Coming To An End

## Метаданные

- **Канал:** Minority Mindset
- **YouTube:** https://www.youtube.com/watch?v=_jLCGxohlFE
- **Дата:** 01.05.2026
- **Длительность:** 22:35
- **Просмотры:** 194,905
- **Источник:** https://ekstraktznaniy.ru/video/49496

## Описание

Join Market Briefs (my newsletter for investors) free! https://link.briefs.co/3OMGz09


✅ Get a FREE life insurance quote with Policygenius*: https://link.briefs.co/policygenius
*This is an advertisement. Minority Mindset is a paid partner with Policygenius.


Recommended: 
The New Fed Chair's Plan to Cancel America's $39T Debt Crisis
https://youtu.be/ac4TtVSQKM0


What Is The Minority Mindset?
"The Minority Mindset has nothing to do with the way you look. It's the mindset of thinking differently than the majority of people" ~Jaspreet Singh 


Follow me:
Instagram: https://www.Instagram.com/MinorityMindset
Website: https://www.TheMinorityMindset.com


Want More 🥑🥑?
Briefs Finance website: https://www.briefs.co
Minority Mindset Clips: https://www.youtube.com/minoritymindsetclips
Minority Mindset En Español: https://www.youtube.com/minoritymindsetenespanol


Video host: Jaspreet Singh

DISCLAIMER: This description may contain links from our affiliates, sponsors, and partners. If you use 

## Транскрипт

### Segment 1 (00:00 - 05:00) []

The United Arab Emirates or UAE just announced that they are leaving OPEC after 60 years of membership and everybody's talking about how this is going to impact the Middle East. But I want to do something a little bit different. I want to talk about how this is going to impact the dollar because this is something that most people are completely overlooking and it has some big consequences. Why? Because this move has a direct impact on something called the petro dollar. But before I get too ahead of myself, let me take a step back and help you understand what's going on by going back in time a little bit. Let me ask you a simple question. What's the value of this $100 bill? And you might say, "Well, that's easy, Jasper. It's $100. " But what is $100? Because what $100 can buy you today is very different than what $100 could buy you five years ago. And it's extremely different from what $100 could buy you 50 years ago. Because 50 years ago, this $100 bill could buy you way more stuff. And that's because our money or what we call money has gone through multiple transitions and it could be happening again. What do I mean? Well, prior to the year 1971, our dollars were backed by physical gold. So that's where many people said it was real money because if the government wanted to spend a lot of money that it didn't have, it couldn't just do that because we needed more wealth and that wealth was more gold and you can't just print more gold. But that changed on August 15th, 1971 because that was when then President Richard Nixon temporarily took the United States dollar off of the gold standard. — I have directed Secretary Connley to suspend temporarily the convertability of the dollar into gold or other reserve assets. — Now, here we are 55 years later and we're still temporarily off that gold standard. But when we were taken off of the gold standard in 1971, we went from money backed by gold to now fiat currency, which means our dollars are no longer backed by physical gold. They're backed by a promise by the United States government that these dollars have value. So people trust that the dollars have value. And because people trust and believe that these dollars have value, $100 can buy you groceries and other stuff. And then things got even more interesting a few years later in 1974 because that's when the petro dollar was established. And what happened here was the United States made a deal with one of the biggest oil producers in the world, Saudi Arabia. And the United States said, "Let's make a deal. You, Saudi Arabia, are going to take your oil profits and you're going to save them in the United States dollar. " More specifically, they said that Saudi Arabia, you're going to take your profits and you're going to buy United States treasuries. essentially meaning you're going to take your oil profits, save it in the dollar. In exchange, we, the United States, are going to give you weapons and we're going to protect you militarily. And essentially what that did now is oil around the world started to be priced in the United States dollar because now Saudi Arabia became an advocate for the United States dollar to get the world to buy oil in United States dollars. But why does that matter? Because remember what I said just a minute ago. This dollar is now fiat currency. It's not backed by gold. So the reason why the dollar has value is because believe it has value. People trust it has value. And the more that people use this dollar, the more belief and trust that is going to have. And one thing that every country in the world needs is oil. And if has to buy oil with United States dollars, that all of a sudden gives a lot more value to the United States dollar even though it's not backed by gold, but because anybody who wants to buy oil, which is everybody has to keep these United States dollars. So all of a sudden now the dollar has some more value thanks to oil. This petro dollar system ran in the background for many decades quietly. Most people didn't even know that it existed, but it kept the dollar strong. It kept value in the United States dollar. But then things really started to crack after the pandemic. Why? Because now the United States government started to spend a lot of dollars that it didn't have, which meant a lot of money or dollars had to be printed out of thin air. And as more of these dollars started to get printed, people started to get concerned about the United States dollar and other countries around the world started separating themselves from the United States. So what we saw happen in 2023 was that this petro dollar system started to crack. In 2023, Saudi Arabia, the same country that built the petro dollar system with the United States, started selling oil not in the United States dollar, but in the Chinese yuan to China. I'm going to go deeper into the impacts of that in just a second. But now, here we are in 2026. And now we have the news that the UAE is going to be leaving OPEC, which has other implications on the United States dollar as well, which I want to get into. Now that you understand the foundation, let's get a little bit deeper. And this is where I want to remind you that if you're an investor or want to become an investor, I'll put together a brand new free investing master class where I walk you through how you can get started as an investor and find hidden investment opportunities. I'm going to show you the exact framework that my firm and I use to research investment opportunities before they hit the headlines. It's completely free and you get this master class for free for just signing up to

### Segment 2 (05:00 - 10:00) [5:00]

market briefs, which is my newsletter for investors, which is also free. So, if you want to get this investing master class and marketplace all for free, all you have to do is sign up and I have the link for you down in the description below. So, the pandemic happened in 2020 and the United States government started spending a lot of money that they didn't have. They were sending out unemployment checks. big stimulus these big PPP loans. They were bailing out businesses left and right. All this money was going out, but the government didn't have all this money, which meant all of this money had to be printed, which might have you scratching your head. If the government could just print all these trillions of dollars, why do we have to pay taxes in the first place? And the reason is if the government is working with a central bank, the Federal Reserve Bank to print all this money, the value of the dollar is going to lose money because you can print more dollars, but you can't print more wealth. That was the whole idea behind the gold standard is you can print the dollars, but the gold is what's backing the dollar. So, you're not actually producing more money. But now when you have a currency that's not backed by physical gold, you can print more dollars, but you cannot print more wealth. Well, that's the problem that many countries around the world started to identify. They said, if the United States is printing all these dollars, isn't that going to hurt the value of the dollar? And is that what we want to base our economy around? Because the United States dollar is the world's reserve currency. So we started to see happen is around the 2020 time more and more countries started to distance themselves from the United States and the United States dollar because they felt this might be an opportunity to strengthen their own currencies as a way to compete with the United States economically. And then things started to accelerate because of the conflict in Russia and Ukraine. After Russia attacked Ukraine in 2022, the United States sanctioned Russia by freezing and seizing their assets which are kept in United States dollars. Now, first you might hear that and say, "Well, what does Russia have anything to do with this? " Well, it wasn't just Russia watching. It was countries around the world. They all had the exact same thought. If the United States doesn't like what Russia does and then the United States freezes their assets, what's stopping the United States from doing this to the other count's assets as well? That didn't destroy the dollar or anything like that, but it had these other countries scratching their heads and starting to look for an exit or an alternative to the United States dollar. Now, the reason why I tell you that is to emphasize that the United States dollar has value because people believe it has value. And to help you understand what I mean, back in 2001, 72% of global currency reserves were saved in the United States dollar. Fast forward to the end of 2025 and now only about 56% of global currency reserves were saved in the United States dollar. Why? because people are now starting to look for an alternative to the United States dollar. Why does that matter? Because again, the United States dollar has value when people believe that the United States dollar has value. This is where I want to go back to China for a second because as you probably know, China and the United States have kind of been going head-to-head economically. China doesn't like the United States tariffs. The United States keeps putting more tariffs on China and all these other stuff. Well, the reason why is because the United States economy is bigger than the Chinese economy, but the Chinese economy is growing faster than the United States economy. And there's been a lot of conflict around the world, including what's going on in the Middle East, including what happened in Venezuela because China is a big buyer of those oil sites. Iranian oil. China was a big buyer of Venezuelan oil. And that was where the United States got involved and invaded Venezuela. They got involved with Iran, but also what's going on with China and oil is that China was the first country to create their own oil futures priced in their own currency, not the United States dollar. But that's not all. Remember what I said a few minutes ago? Saudi Arabia, the very country that set up the petrod dollar agreement with the United States, then in 2023 set up an agreement with China to start selling oil to China in the Chinese yuan, not the United States dollar. That was the first time that we saw this happen in about 50 years. And now we have this discussion of what's happening with the UAE because the UAE has been a big advocate of ddollarization. Essentially separating themselves from the United States dollar because they've been working with other countries like India to sell oil not in the United States dollar but in their local currencies. So why does this matter? Well, OPEC is a group of oil producing countries that kind of work together. And these oil producing countries inside OPEC all believe in following the petro dollar for the most part. And so now the UAE, who has been kind of vocal about ddollarization, said, "You know what? I don't want to keep doing what OPEC says. We're going to do things the way that we want. " And what we know is that the UAE kind of doesn't want to do business in the United States dollar. They want to do things on their own terms. Now, we don't know exactly what the UAE plans to do just yet, but this is where you can start to see how the value of the United

### Segment 3 (10:00 - 15:00) [10:00]

States dollar is such an important concept for the United States economy because people in the United States are working for United States dollars. They're working to save United States dollars and it is the world's largest economy. And so when you have things that can impact the value of the United States dollar, it impacts people in the United States, it impacts the economy of United States stock market, but it also can impact the global economy, which is one reason why you might want to pay attention to this. Now, we don't know what's going to happen next. It's something you want to pay attention to. Obviously, we'll be keeping you posted in market briefs on this channel, but let's talk about now how this could potentially create opportunities. Again, I can't tell you what to do because number one, I'm not a financial adviser. I'm just a random guy on YouTube. And investing has risks. You are never guaranteed to make money when you invest. In fact, you will lose money at some point. So, make sure you always do your own due diligence and never blindly trust a random guy on YouTube. Number one, I want to talk about gold for a couple of different reasons. And I just want to premise this by saying gold prices have shot up a lot. And I've been talking about gold as an investment well before it was cool, which was after the pandemic. And the thing that you want to understand about gold is that gold prices have been going up for a couple of reasons. Number one, people are concerned about inflation in the United States dollar. And when people are concerned about inflation and economy issue, they generally turn to gold. The second reason why gold prices have been going up so much is because of this concern about dilization and foreign countries around the world working to strengthen their currencies by buying more gold. So one of the biggest buyers of gold around the world have been central banks from around the world which means yes China, Turkey, these other countries around the world have been working to buy more gold as a way to strengthen their currencies which if you look at supply and demand when you have more buyers of something the price of that thing goes up. That's one of the reasons why gold prices have been going up. Now gold prices do not always go up. When people are concerned about the dollar, gold prices go up. When those concerns about the dollar go down, gold prices can also fall. If we take a look at what happened to gold prices after the 2008 crash, we saw gold prices boom. Why? Because the government was spending and printing so much money to stimulate the economy in 2008 and 2009 and 2010 and 2011 into 2012. But then in 2012 when it became clear that the economy and the dollar was not going to collapse, gold prices fell. and they fell hard for years all the way until 2020 when the pandemic hit and the money printer was turned back on and then gold prices boomed from 2020 until now. So just understand that gold prices move based off of concerns of the United States dollar. I don't like to look at gold as an actual investment. I like to think of gold as a way to hedge the dollar, as a way to save hard money. That's the way I like to think about it because an investment to me is working to produce actual value. your gold is just sitting there looking back at you in a drawer. It doesn't do anything, but it can be a way to help protect or preserve the value of your money. And so, that's something you want to think about. Now, again, I'm telling you to buy it. I'm just telling you how to think about it as an investor. And if you don't want to go out and buy the physical gold, there are ways for you to get exposure to gold on the stock market by buying ETFs like GLD, which will give you exposure to gold. Then, option number two is you can invest your money internationally. And just understand anytime you invest your money outside of the United States, the risk level goes up a little bit. But the idea is when you diversify outside of the United States, you get number one more diversification, but also number two opportunity for more potential growth. The idea being if countries are moving to strengthen their own economies, strength their own currencies, those countries and economies could see more growth, which could create an investment opportunity. So, there are many ways to play the international markets as somebody who's in the United States without having to leave the comfort of your home. And I'm going to go over a few different ETFs. Again, I'm not telling you what to invest in. This is just a sample of some of the many ways that you can invest into the international markets. If you wanted to invest in the total international economy, there ETFs like VXUS created by Vanguard, which is going to give you exposure to the total international stock market. This is going to give you exposure to many different economies, many different stocks internationally. If you wanted to get a little bit more broad and you only wanted to invest in the developed countries outside of the United States, an example of a ETF that can give you exposure to that is VA, which is going to give you exposure to those more developed, the larger, more established countries. Or if you wanted to invest into the more of the emerging markets, the smaller, the more agile, the more growing, more risk, but more potential return countries, VWO is going to give you exposure to the emerging market countries. Now, you could get even more niche. There are funds that will give you exposure to Chinese stocks. exposure to German Indian stocks. You get the idea. But if you wanted to invest internationally, that is also an option for you, even if you're in the United States. Then we have number three, energy. And particularly we're talking about oil because there's all this conflict about

### Segment 4 (15:00 - 20:00) [15:00]

the petro dollar conflict in the Middle East about oil. And if there's more geopolitical stuff happening and the United States needs to become more energy independent and not dependent on foreign countries, well, that can mean more investment in oil here in the United States and in the oil companies here in the United States. And one way to get exposure to that domestic energy is something like XLE. This is giving me exposure to the United States oil giants, the companies like Exxon and Chevron and Kico Phillips. Another thing to think about is defense because if there are more geopolitical conflicts, well, what does that mean? It probably means that the United States government would have to spend more money on military equipment. Hate it or love it, we're here to talk about finances, not your moral compass, not what's right or wrong. I know there's a lot of ickiness that comes around thinking about that. I want you to understand how Wall Street and how investors think. The reality is when there's tensions globally, there's more investment into military and military equipment. And that would be things like aerospace and defense companies and their ETFs like ITA, which will give you exposure to those very defense and military companies that when government contracts for military spend increase, those companies benefit. And the last but definitely not least is investing into the United States economy. Because the reality is the United States economy is not going to collapse tomorrow. The United States dollar tomorrow and there's still opportunity in the United States. In fact, I still think that it is the country with the greatest opportunity today. Now, that doesn't mean that the stock market is going to grow faster than every other country in the world. But if you wanted to invest in the American economy, well, there are ways to do that. There are funds that will give you exposure to the total United States stock market. Or if you want to get a little bit more niche and you wanted to invest just in the top 500 companies in the United States stock market, you can do that. It's called the S& P 500. And there are funds like SPY, again just an example, that will give you exposure to these 500 companies that are the largest ones in the stock market. So if you just wanted to invest in the broad American economy, there are ways for you to do that in the stock market. Now, the way that you win as an investor is not by panic selling when markets go down. It's not by buying when markets are all-time highs and thinking that markets will only go up. It's by understanding you want to be a long-term investor. We're not talking to traders here. We're talking to long-term investors. So, if you want to be a long-term investor and you are comfortable understanding that investing has risks, we went over a number of different examples. One of the things that I've learned in life is that often times the things you don't pay attention to end up mattering the most. And that's why I want to talk to you about life insurance with our sponsor Policy Genius. Because if you don't have the assets to live off of yet, something tragically happened to you. The last thing you want is now your spouse and your family trying to struggle to survive financially. And that's where term life insurance can come into play. Now, I'm talking about term life insurance here, not whole life insurance. The whole idea with term life insurance is it's life insurance for a period of time, 10 years, 20 years, 30 years. That way, you can work to build your assets. It is a lot cheaper than whole life insurance because the whole idea is you're not here trying to get rich off your life insurance. It's just there as a bridge until you can build your assets. This is one of those things where the earlier you start, the cheaper it is. Because if you're a healthy 30-year-old guy, you could potentially get a half a million dollar term life insurance policy for less than a dollar a day. So, if you have any questions, you want to learn more about term life insurance, or you want to see how much a term life insurance policy would actually cost you, I'll put a link to Policy Genius's form down in the description. It only takes a few minutes to complete, and it'll give you an actual quote on how much term life insurance will actually cost you, and I have that link for you down in the description. So, here's what's happening. We just got the news that the UAE is leaving OPEC. And the reason why that matters is because our United States dollar has gone through multiple forms or iterations. And what we know is that before 1971, the United States dollar was backed by gold, which meant our money was money. The government couldn't just spend an unlimited amount of money because we couldn't print money because we needed more wealth. And you can't just print wealth. Well, after 1971, the United States dollar was taken off of the gold standard, which allowed the government to start spending more money because now we could just print this money. But the value of the dollar only had value because people believed that it had value. And that was when in 1974, the United States made a deal with Saudi Arabia that now we're going to work to build this petro dollar system that now the dollar is going to have value because trade for oil is going to happen in United States dollars and everybody needs oil. And so because the world is buying oil with dollars, the dollar now all of a sudden is valued because everybody around the world needs the United States dollar. But then that started to change really post pandemic. And the reason why it started to change is because we saw what happened in Russia and Ukraine. After Russia attracted Ukraine, the United States sanctioned Russia and a lot of countries said, "Huh, if the United States can freeze Russia's assets because they don't like what Russia did, what's stopping the United States from freezing

### Segment 5 (20:00 - 22:00) [20:00]

our assets? " And now here we are today where the UAE is now leaving OPEC. And the reason why that matters is because of this whole topic of ddollarization. We talked about how China were to build their own oil futures priced in their Chinese yuan, not the United States dollar. We also talked about how in 2023, Saudi Arabia and China came up to a deal where now China is going to be buying oil in the Chinese yuan, not the United States dollar, with the same country that set up this petro dollar system with the United States. And so now we're starting to see more and more countries start to do trade outside of the United States dollar, which matters because we've been seeing global reserves in the United States dollar shrink year after year. And that's something you want to think about because the United States dollar has value because people believe in the United States dollar. And we know that the UAE is now trying to be more independent outside of the United States dollar as well. That being said, this doesn't mean that the United States dollar is going to collapse tomorrow. It doesn't mean that the United States economy is going to collapse tomorrow. It's something you want to pay attention to and maybe it could create an investment opportunity for you as well. Again, I'm not here to tell you what to invest in or how to invest your money. I'm here to help you think like an investor. So, we talked about gold because when people are concerned about the dollar, gold generally benefits. When concerns about the dollar go down, gold also generally goes down as well. We talked about investing your money internationally, whether it's broad international markets, developed markets, emerging markets, or specific countries. We talked about investing in energy because if there's concerns about oil and this oil system and the petro dollar, then maybe the United States will have to become more energy independent, which could create opportunity for the oil companies here in the United States. And we talked about investing in defense. When there's more geopolitical tension, there's more investment in the military and military related equipment. And then we talked about investing in the broad United States economy because you can just invest in something like the S& P 500. Again, if you're an investor, you want to stay up to date on what's happening, I have my investing master class for you down in the description, which should also get market briefs as a bonus with it. And finally, if you got value out of this video, the best thank you as a referral. So, if you could please share this video with a friend, family member, colleague, or fellow investor. That way, we can continue to spread this type of financial education. Thank you. On May 15th, 2026, the Federal Reserve Bank is going to reset and most people are not going to hear about it until they feel it in their wallet. What's happening on May 15th? The chairman at the Federal Reserve Bank is going to change and he has a new plan on how to shrink the debt crisis here in the United States. The only problem is you cannot fix the debt problem withouting