life facebook The FED secret Plan to Bring America to its knees

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The criterion could be a major element of the total financial system. Despite that, nowadays we tend to take it without any consideration and don’t even raise ourselves however it works and if it's the simplest answer on the market or the proper thanks to manage things.

Even though it seems to be stable, history shows that financial systems modified sporadically within the last century (20–30 years on average).

The main distinction between our current criterion and former criterion is that nowadays it's entirely supported edict Currency, in distinction to older financial systems that were backed by gold.
The costs of the Vietnam War LED to the United States of America abandoning Bretton Woods. greenback was not backed by gold however by oil, the petrodollar. seventy fifth of oil transactions and hr of international trade is conducted in greenback. the planet has been pumping up the United States of America economy this fashion.
The United States of America greenback is nowadays backed with oil , the oil to a lower place the bottom in Saudi Arabia and every one the opposite countries WHO solely settle for United States of America greenback in exchange for his or her oil. If that wasn't the case the 1971 debacle would have blown up and concluded before 1980.

Think of the countries that sell (or sold) oil in currencies aside from United States of America greenback - Russia, Syria, Iran, Libya, Republic of Iraq (before we tend to invaded), Venezuela, etc. All countries on our hit list". once Euro-accepting Saddam invaded United States of America Dollar-only Kuwait we tend to saw one amongst the quickest United States of America military buildups in history quickly place Associate in Nursing finish thereto.

All of our pointless wars haven't been concerning the OIL, it's been over the petro-dollar.

The whole petro-dollar situation that occurred in wheel with removing the gold customary is what has unbroken the greenback because the world reserve currency since 1971.
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life facebook The FED secret Plan to Bring America to its knees
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