I'm happy to endulge in a good discussion. My argument is not that deep for sure, but you are only referencing Bretton woods.
The problem with US petro dollar is always the same: we don't know what would have been if it wouldn't exist.
But my main point was very specific to the strait of hormuz and how it was flowing without the help of the USA, now stoped because of the influnece of the USA and how the USA can't restart it.
So your point is not valid for the current state of the strait of hormuz.
You are also moving the goal post now as you state that the peaceful flow of traffic is worth it. Of course it is but now we have to do it and its not the USA helping some other country to fix their problem, in this case every other country needs to do something to fix US Americas problem they created.
USA also got very rich and powerful thanks to the petro dollar, which now shifts to China and now China is benefiting from this. This system was never fair though.
The problem with US petro dollar is always the same: we don't know what would have been if it wouldn't exist.
But my main point was very specific to the strait of hormuz and how it was flowing without the help of the USA, now stoped because of the influnece of the USA and how the USA can't restart it.
So your point is not valid for the current state of the strait of hormuz.
You are also moving the goal post now as you state that the peaceful flow of traffic is worth it. Of course it is but now we have to do it and its not the USA helping some other country to fix their problem, in this case every other country needs to do something to fix US Americas problem they created.
USA also got very rich and powerful thanks to the petro dollar, which now shifts to China and now China is benefiting from this. This system was never fair though.