Reese Report: "The Zionist Occupied Government of Trump 47"... Thoughts?
(rumble.com)
🧐 Research Wanted 🤔
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I have my own speculation on that. Not as much about oil, but to ensure oil is priced in US dollars. https://www.rferl.org/a/1095057.html. There was a plan for the Euro to be the reserve currency to prepare when the US reserve currency fails, but it didn't really work out for the Euro. I studied a concept called the Triffin Dilemma, where a reserve currency needs to export US dollars abroad for global stability, but that is always to the detriment of the people with constant deficits.
Yeah, I’ve had that thought, except I’ve never been sure why Iraq would be the lynchpin on having oil priced in dollars. “All of them need to be onboard” and “if one leaves, they’ll all leave”, maybe? That seems to have been what was up with Qaddafi, but what/where was Iraq’s movement?
Hadn’t heard about the Euro failover plan or Triffin Dillemma, will have to read up on those!
You might find this an interesting read My View of the Nixon Shock. Iraq would be lynchpin if they would upset the balance of the petro-dollar agreeement, which was essentially the middle east selling their oil for dollars in exchange for military security in the region.
That article is incredible, thanks!
Some of it is over my head, but other parts are definitely explaining some things I’ve missed in my interpretation of the mechanics of the last 30 years and further back.
That makes me happy you enjoyed it! A lot of concepts flew over my head as well -my Dad has a very deep understanding of the paper gold story and discussing how the BIS operates so I got a lot of help from him but it's still something I come back to and reread over.