Incredible Fact or Theory?: The Petrodollar Scam

[bondagebreaker7]

The global demand for energy is exponential - so to is the demand for dollars; America is the battle-axe of the NWO... as long as we do their bidding they will hold the petrodollar system in place. If we ever decide to scale down our full-spectrum dominance then woe unto us. Our destiny is to destroy Islamic government.

[JoinmeonDutchIsland]

In the USA, our founding fathers would be rolling in their graves!!! This is neither the principles that America stands for nor is it our founding fathers intent!!! Most Americans have been brainwashed and/or they are too stupid to realize what is going on in the world!!!

[StraussBR]

EVERYTHING FITS!!

There is an interview with Aaron Russo where he had inside information from one of the rockefellers that said they where planing to invade venezuela too, amazing amazing amazing!!!

[Hariboification]

Yeah i believe it! I also believe this may lead to the US invasion of Iran using their enrichment of uranium for WMD's as justification so as to put a stop to Iran selling oil in Euros! However, if the US does invade then this would most likely lead to a third world war as im sure China and Russia arent going to sit back and let the US monopolise!

[joeymackaroni]

"In November 2000 Saddam Hussein demanded Euros for his oil. His arrogance was a threat to the dollar; his lack of any military might was never a threat. At the first cabinet meeting with the new administration in 2001 [before 9/11] , as reported by Treasury Secretary Paul ONeill, the major topic was how we would get rid of Saddam Hussein-- though there was no evidence whatsoever he posed a threat to us. This deep concern for Saddam Hussein surprised and shocked ONeill."

Ron Paul 2/15/06

[joeymackaroni]

"Realizing the world was embarking on something new and mind boggling, elite money managers, with especially strong support from U.S. authorities, struck an agreement with OPEC to price oil in U.S. dollars exclusively for all worldwide transactions. This gave the dollar a special place among world currencies and in essence backed the dollar with oil."

(continued)...

[joeymackaroni]

"This arrangement helped ignite the radical Islamic movement among those who resented our influence in the region. The arrangement gave the dollar artificial strength, with tremendous financial benefits for the United States. It allowed us to export our monetary inflation by buying oil and other goods at a great discount as dollar influence flourished"

Ron Paul

"The End of Dollar Hegemony" Congressional Record Feb. 15, 2006

watch?v=TVVCDANPcSo

watch?v=3RhnHo3RDfg

watch?v=4n3g5lUgkWk

[hackslash2020]

part 3)

i THINK that USA invaded Iraq to get a stable oil supply.

Also in that time Bush was doing very bad in the presidency polls.

In times of war, the american people stand firm next to the president so his popularity was saved.

I also find it sad that republicans say NO to everything Obama does..this does more damage to the USA then any war..obama's state of the union adress hit the nail on the head.(is USA a democracy?) fyi, the contents of this video is completely false

[hackslash2020]

(part 2)...and the Euro is now as leading as the Dollar..

examples to think about: George Soros sold billions of british Pounds and wacked the UK out of the E.M.U.

(he did the same with the Hong Kong currency)

This type of speculation has been made more difficult due to new regulations.

China is export country Nr 1 and holds hundreds of billions of dollars..

[hackslash2020]

The Gold Standard is a very old system that has been left behind by all countries, because the need of central banks didnt cover the gold that was still in the ground..instead appointments were made to create a system of fixed currency rates..the Danish currency was fixed with the Dutch currency at 1.13..with some bandwith..This is called E.M.U.

In the past the $ was worldleading, then came the Euro, that devaluated rapidly, also due to the Iraq war, people put their eggs in more baskets

[thecombatmaster]

Perfect simplified explanation. 5 stars, exactly the video I was looking for to explain it to my dumb friends.

[sharkloaner]

I build and sell real estate in Europe and I had some american customers who wanted to buy using american dollars. I politely sent them to the bank to change their garbage noted; you should have seen the dumb look on their faces.

[xsoul117]

haha. I could imagine. in Europe they should do business with euro. at least they got educated in terms of their American dollar and at least you were polite. :)

[whater39]

What's funny in other countries they us the US dollar, b/ctheir own dollar is more prone to fluctuations / destabilized economy. Such as Argentina all real estate US

[nododon]

Glad you did this! I have been trying to get people to understand this. Lindsey Williams does a great job of proving this is factual.

Do a YouTube search for Lindsey's videos.

[xsoul117]

Per your suggestion, I watched Lindsey William's forum on the Energy Non-Crisis. Thanks also for watching this vid.

[Anythingwilldo41]

Goodjob in making this vid, makes it so even the dumbest of people could understand it :). Nice vid.

[xsoul117]

Thanks for your comment. The very reason I uploaded this vid :). Still it would be intellectuals who would get interested in topics like this no matter how simplified it gets.