1971 to 1982, in twelve parts. The rule that held the world's currencies together, the oil price that rose more than three times over in a year, and why eleven countries that met the same price ended up more than three times apart.
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The 12 modules
Modules are written to be read in order: each one opens on the question the last one closed with. Start wherever you like.
1One Evening in AugustA rule the world's money hung on ended in a Sunday broadcast, inside a package of three.Coming soonFree
2Nothing Put Where It WasFour years of negotiation to replace a system, and what came out was permission to do without one.Coming soonFree
3It Was Already RisingPrices had been climbing for two years before the embargo, and so had grain.Coming soonFree
4The Price and the InterruptionCrude cost importers more than three times as much in a year, and for months there was less of it.Coming soonFree
5What They Built AfterwardsStatutes, agencies and buried oil. The emergency turned into permanent machinery.Coming soonFree
6Where the Money WentOne side of the world's payments swung tenfold in a year. The other side borrowed.Coming soonFree