The History Of The Dollar, Gold, Oil And The Path To WW3

[JColumbus]

 

[Pilgrim]

Scary.

 

[Y2bad4U]

So true, I have known of the petro dollar for years. I have yet to meet someone face to face that does. SHEEPLE.

 

[JColumbus]

Same here. I've known for about 5 years but realized my wife didn't during a discussion last night. Apparently I didn't do so well at teaching her so I showed her this video. Figured members on here need to see it.

 

[TheDan]

Scary.

Actually I think it's elegant in a way, but as we are seeing now the petro-dollar is bad for business long term. It doesn't help that the federal reserve has been abusing it... The really smart guys need to come up with a way for us to transition to the next thing instead of continuing to militarily force the petro-dollar on the world. That tactic is backfiring.

 

[breakingcontact]

This is my kind of thread.

Sent from my Droid using Tapatalk 2

 

[txinvestigator]

So true, I have known of the petro dollar for years. I have yet to meet someone face to face that does. SHEEPLE.

You are sooo smart. Please teach me how to live.....


This place is always good for a laugh.

 

[winchster]

Kind of makes ya wonder don't it.

 

[Chupacabra Hunter]

So my 401k is screwed.....

 

[stdreb27]

This is just dumb. beyond dumb. Let me burst your ron paul bubbles.

A gold standard is price fixing. To maintain value of gold compared to a federal reserve note, you'll end up with MORE not less government intervention in the markets than you would with responsible management of a fiat money system.

This is why Bretton Wood's collapsed.

2nd, assuming the allegations are true and they have a quazi oil backed USD. Why would having an oil standard not be ok, (something with a currency value much more closely related it's actual utility, vs gold which has no real utility, unless you think giving babe's gold will get you laid and a small application value in super conductors. But I digress.

This is in a nut shell crap.

 

[JColumbus]

This is just dumb. beyond dumb. Let me burst your ron paul bubbles.

A gold standard is price fixing. To maintain value of gold compared to a federal reserve note, you'll end up with MORE not less government intervention in the markets than you would with responsible management of a fiat money system.

This is why Bretton Wood's collapsed.

2nd, assuming the allegations are true and they have a quazi oil backed USD. Why would having an oil standard not be ok, (something with a currency value much more closely related it's actual utility, vs gold which has no real utility, unless you think giving babe's gold will get you laid and a small application value in super conductors. But I digress.

This is in a nut shell crap.

Sounds like you and people who know that the principals in this video are true, are on the same page. "assuming the allegations are true"... To be open to an assumption that they are true, for the sake of your next point, shows that you haven't taken any time to actually inform yourself as to wether they ARE true or aren't. I say, do a bit of research. The things this man is talking about in the video isn't fake conspiracy stuff. It's the real way of how the system he talks about, works. I can see that you would disagree on the future of this scam and wether or not a huge war would start cause of it, but the facts are simply that. You are absolutely wrong about it being, "nut shell crap". You will find that you are, if you just inform yourself. This is all standard stuff, most of us on this board have known for years.

 

[JColumbus]

You are sooo smart. Please teach me how to live.....


This place is always good for a laugh.

Cmon man, he's just saying that a lot of people don't take time to learn about basic economics, or endeavors our government gets into. He's right. Anyone who knows 2 things about Obama can go ask 100 people about those two things and they wouldn't know. That's how our society is.

 

[JColumbus]

This is my kind of thread.

Sent from my Droid using Tapatalk 2

I knew you'd like it, out of everyone. I see you get the "Tin foil" stamp all of the time. Hahaha.

 

[jrbfishn]

The only problem with all of this is the countries that would lose all those billions of dollars we owe them..........not to mention that half of them dont eat without our food
The petro dollar is a realnthing, but so is the rest of it that is not being tsken into account

 

[atticus finch]

A very good thread, the petro-dollar & it's effects are something I've known about for years. For those who choose to ridicule the facts presented, as has been said rather than ridicule out of ignorance, do your homework and see what you find out....

 

[jrbfishn]

Not ridicule, just one big friggen mess, one big game of BLINK...... with no winners, only losers

 

[JColumbus]

Not ridicule, just one big friggen mess, one big game of BLINK...... with no winners, only losers

Perhaps it's not ridicule, but the offered information is not a mess. Instead it is a view that reasonably expresses the dangers, possibilities, and rational implications of the petrol dollar. You chose to be optimistic about it. I think that's fine. What I think is irresponsible about your optimism, is to discredit the information that is offered, although it is a fact based point of view. You are correct about other variables that could make it a less doom like situation, but based of world events, it is clearly not as excusable as you like to think it is. Instead of taking a subjective angle at discrediting the material in this thread, perhaps it would be more productive for you, to offer sources that give your accusations some teeth. I respect your opinion, regardless how beseless the approach may be.

 

[TheDan]

one big game of BLINK...... with no winners, only losers

Well I'd say that we were winners for the first few decades at least. What I find interesting is that it shouldn't be this hush-hush don't talk to the public about it, sort of thing. There's nothing wrong with openly stating that the international value of our dollar is largely based on defense agreements with nations that promise to trade oil only in dollars. The problem with it is that it forces us to be a bit of a bully and meddle in foreign affairs that we would normally have no business in. The problem is compounded by the fact that the federal reserve mismanages our currency and acts like the petro-dollar will never come to an end.

I don't know what the solution is

 

[breakingcontact]

I knew you'd like it, out of everyone. I see you get the "Tin foil" stamp all of the time. Hahaha.

Thanks? I don't jump on every wild theory and drink it down but I don't take everything on face value either.

A person who questions things runs an uncomfortable risk, one that many of my detractors are unwilling to accept. When we grow up...we realize our parents didn't know what the hell they were doing. Same in government. There are indeed domestic and international pukes that want total control. What is also scary to many, especially those who believe in the system, is that it is total chaos, just directed temporarily.

 

[stdreb27]

Sounds like you and people who know that the principals in this video are true, are on the same page. "assuming the allegations are true"... To be open to an assumption that they are true, for the sake of your next point, shows that you haven't taken any time to actually inform yourself as to wether they ARE true or aren't. I say, do a bit of research. The things this man is talking about in the video isn't fake conspiracy stuff. It's the real way of how the system he talks about, works. I can see that you would disagree on the future of this scam and wether or not a huge war would start cause of it, but the facts are simply that. You are absolutely wrong about it being, "nut shell crap". You will find that you are, if you just inform yourself. This is all standard stuff, most of us on this board have known for years.

oh good lord.

If you want to talk economics.
Answer these questions.

1. How will you actually ensure the value of your dollar will maintain parity with gold? (use actual examples of uncollapsed gold standards)
2. Why would using an oil standard be bad? (you'd have to explain why it would fit the characteristics used in primitive markets for currency)