Petrocurrency Mercantilism
An unspoken and unexplored idea that powers this blog is a configuration of asset exchange I am calling petrocurrency mercantilism. This concept has allowed me to accurately predict geopolitical and macroeconomic events since 2005. So what is petrocurrency mercantilism?
It's when a national bank and an energy producer collude to generate artificial demand for a currency at the expense of the purchasing power of other currencies. The flowchart below shows how it all works.