That's what I'm thinking, but was curious if someone with more knowledge would say "overblown, happens all the time"

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The petro dollar underpins the world economy; it is 59% of foreign central bank reserves. If it is not used as a trade token for energy purchases it will then be returned to the domestic US market causing unfathomable inflation. The fact that our allies are now abandoning the dollar means get your life jacket on, a tsunami of cash is coming.

In 2018 I said to my wife "I give this economy as we know it around 5 years". I was at the time writing my masters thesis on bitcoin.