Tag Archives: petrodollar

What does peak oil, carbon dioxide, dollar devaluation and Smart Meters have in common?

ALOT – AND MOST PEOPLE WILL HATE THE NEW MONETARY SYSTEM THAT IS CURRENTLY BEING CONSTRUCTED BY THE GLOBALISTS

Part of the Exposing Faux Science series

by AL Whitney (C) copyright 2010
Permission is granted for redistribution if linked to original and the AntiCorruption Society is acknowledged

The Goals

The following statement should be taken very seriously. It is neither a pipe dream nor an idle threat and describes the ongoing agenda of the globalists.

Dr. Henry Kissinger (Rockefeller toady):

“Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world.”

To help them advance their goals (which the public would never support), the Rockefellers and the other globalists have created a dualistic system of changing society: the STATED goals and the REAL goals. The STATED goals always sound reasonable, even benevolent, however the hidden REAL goals are the exact opposite.

”Give me control over a nation’s currency, and I care not who makes its laws.” Mayer Amshel Rothschild (1743-1812)

In an interview, Col Fletcher Prouty discussed the Rockefeller/Kissinger plans to set up global markets for oil [energy] and commodities [food].

Col Fletcher Prouty – The Origin of Oil (8 min video clip)  http://www.youtube.com/watch?v=vdSjyvIHVLw

Energy and Currency

During the 70’s bogus “energy crisis”[1] Nixon removed the dollar from the gold standard by Executive Order. As the dollar was the world’s reserve currency, this was not inconsequential. The Rockefeller oil cartel, in collusion with the corrupt Nixon Administration, managed to convince the leaders of the world that 1) oil (like gold) was a finite substance and that 2) all oil should be purchased in dollars ONLY because the dollar was the world’s reserve currency! [2] This change allowed the oil and banking cartel the opportunity to control what the world would have to pay for a barrel of oil and allow them to inflate the dollar without restriction. The status of the petrodollar is maintained by the US military, as both Saddam Hussein and Libya’s Ghadafi found out when they attempted to sell their oil in Euros and Dinars.

Continue reading

The US$, Oil and War

Kissinger quote:

“Who controls the food supply controls the people;
who controls the energy can control whole continents;
who controls money can control the world.”

Sept 10, 2011
By Nalliah Thayabharan

UNDERSTANDING THE PETRODOLLAR

At the end of WWII, an agreement was reached at the Bretton Woods Conference which pegged the value of gold at US$35 per ounce and that became the international standard against which currency was measured. But in 1971, US President Richard Nixon took the US$ off the gold standard and ever since the US$ has been the most important global monetary instrument, and only the US can print them. However, there were problems with this arrangement not least of all that the US$ was effectively worthless before it reneged on the gold-standard. But more importantly because it was the world’s reserve currency, everybody was saving their surpluses in US$. To maintain the US$’s pre-eminence, the Richard Nixon administration impressed upon Saudi Arabia and therefore Organisation of Petroleum Exporting Countries (OPEC) to sell their oil only in US$. This did two things; it meant that oil sales supported the US$ and also allowed the USA access to exchange risk free oil. The USA propagates war to protect its oil supplies, but even more importantly, to safeguard the strength of the US$. The fear of the consequences of a weaker US$, particularly higher oil prices, is seen as underlying and explaining many aspects of the US foreign policy, including the Iraq and Libyan War.

The reality is that the value of the US$ is determined by the fact that oil is sold in US$. If the denomination changes to another currency, such as the euro, many countries would sell US$ and cause the banks to shift their reserves, as they would no longer need US$ to buy oil.

Continue reading