when they ONLY will take dollars for oil, that makes dollars more valuable. Everyone in the world wants US dollars to be able to buy oil which raises the value of the dollar.
If Euros or something else can be used to buy oil, then the value of the dollar sinks dramatically, and has a huge impact on the US and world economy.
The video cherry picks quotes from the full transcript and changes their order to make it sound like we gave a green light for war. The ambassador does the opposite. She clearly encouraged Iraq to use diplomacy with pan-Arab support to resolve the Kuwaiti problem. By the way, the transcript is an Iraqi document released after hostilities broke out, which means you can't even trust the full transcript. The war was about oil security--not currency.
Love the music. Did you hear the Sting concert live in 9/11/01? Fragile is absolutely chilling recorded live on that day, freak coincidence. Chilling.
Yep. I have been a huge Police/Sting fan since before you were born lol. Been a big fan of RP's for about 8 years now taking his Freedom Report. I am thrilled he is running for POTUS. He has a good article on petrodollars from his Freedom Report, I think it was around October of last year. It backs up everything you say in your petrodollar vid, and then some.
Why are we in Iraq? Three words. No bid contracts.
panterguy 1 year ago
i dont understand the whole trading for euros instead of dollars part how does that hurt us? can someone explain that to me. and forgive my ignorance
bosserbee 3 years ago
when they ONLY will take dollars for oil, that makes dollars more valuable. Everyone in the world wants US dollars to be able to buy oil which raises the value of the dollar.
If Euros or something else can be used to buy oil, then the value of the dollar sinks dramatically, and has a huge impact on the US and world economy.
Denryu2 3 years ago
This is totally misleading.
The video cherry picks quotes from the full transcript and changes their order to make it sound like we gave a green light for war. The ambassador does the opposite. She clearly encouraged Iraq to use diplomacy with pan-Arab support to resolve the Kuwaiti problem. By the way, the transcript is an Iraqi document released after hostilities broke out, which means you can't even trust the full transcript. The war was about oil security--not currency.
etsneroj 3 years ago
If you google video "The Money Masters"
Own thought on Gold-backed Money relates to Energy Availabity:
GoldStandard does not allow Fractional Reserve Banking!
Fractional Reserve Banking allows unfettered growth!
Unfettered Growth leads to global excess in energy demand!
Excess Energy/Economic Demand leads to UNPAYABLE FUTURE BILLS!
That's a disaster waiting to happen... 2009-2012? (downslope of Peak oil,2006-2007)
UnderseaCaveman 4 years ago
I already have watched it a couple of times. Excellent video as is "Freedom to Fascism"
Denryu2 4 years ago
good copy....
Just wanted to put that video out there for others, and trying to make the connection between Fractional Reserve Banking and Energy.
Basically, if all resources were infinite, then "no problem with fractional reserve", but that's not the case. Earth is finite for starters!
UnderseaCaveman 4 years ago
Love the music. Did you hear the Sting concert live in 9/11/01? Fragile is absolutely chilling recorded live on that day, freak coincidence. Chilling.
ladyjade3 4 years ago
Yep. I have been a huge Police/Sting fan since before you were born lol. Been a big fan of RP's for about 8 years now taking his Freedom Report. I am thrilled he is running for POTUS. He has a good article on petrodollars from his Freedom Report, I think it was around October of last year. It backs up everything you say in your petrodollar vid, and then some.
Denryu2 4 years ago
Some more good Iraq stuff:
watch?v=8X6ElK0sGSs
steelreserver 4 years ago
I really enjoyed the information provided. Very good first video, keep it up!
IM4Freedom 4 years ago
Russian oil bourse is also no longer taking US federal reserve notes for oil, they accept the Russian rouble or gold now.
The reason we were allowed to work with an unbalanced government budget in the past was due to OPEC and our ability to tax(with inflation) the World.
Central banks won't hold dollars as reserve currency. Kuwait just dumped ALL of their reserve dollars back onto the market last week.
When China has a middle class large enough to buy their own goods they WILL drop us.
awksedgreep 4 years ago
You forgot about Syria... tinyurl dot com / 26vpq8
js290 4 years ago
Good video and statements in it. should be read by more people
rg321123 4 years ago
Very good for your first video. That was excellent information and you should continue to make more vids,.
badfish0116 4 years ago
great video
Netwarrior007 4 years ago
wow, awesome video and research, thanks! Keep it up please.
rhawk301 4 years ago