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In this episode, Victor and I wrap up our discussion of the Bretton Woods Agreement, talk about the "Nixon Shock" and the importance of the Petro Dollar. We segue into the SWIFT and CIPS financial systems and how the implementation and use of CIPS could mean the end of the Petro Dollar. Was Venezuela's use of the CIPS system in conducting oil sales to China the real reason Maduro was captured?
By KennethIn this episode, Victor and I wrap up our discussion of the Bretton Woods Agreement, talk about the "Nixon Shock" and the importance of the Petro Dollar. We segue into the SWIFT and CIPS financial systems and how the implementation and use of CIPS could mean the end of the Petro Dollar. Was Venezuela's use of the CIPS system in conducting oil sales to China the real reason Maduro was captured?