About: Petrodollars   Sponge Permalink

An Entity of Type : owl:Thing, within Data Space : 134.155.108.49:8890 associated with source dataset(s)

The Puppeteers want US Dollars to be the default trade currency, instead of Gold. To make this happen, after WW2, Middle east countries were forcefully coerced to trade Petroleum Oil in US Dollars. This made every country buy US Dollars to purchase Petroleum. This, in effect, increased the value of US Dollars, and made it the default trade currency. This theory relies on two facts: * Enforcement of US dependency on petroleum * Enforcement of Worldwide Petroleum sale in US Dollars

AttributesValues
rdfs:label
  • Petrodollars
rdfs:comment
  • The Puppeteers want US Dollars to be the default trade currency, instead of Gold. To make this happen, after WW2, Middle east countries were forcefully coerced to trade Petroleum Oil in US Dollars. This made every country buy US Dollars to purchase Petroleum. This, in effect, increased the value of US Dollars, and made it the default trade currency. This theory relies on two facts: * Enforcement of US dependency on petroleum * Enforcement of Worldwide Petroleum sale in US Dollars
dcterms:subject
abstract
  • The Puppeteers want US Dollars to be the default trade currency, instead of Gold. To make this happen, after WW2, Middle east countries were forcefully coerced to trade Petroleum Oil in US Dollars. This made every country buy US Dollars to purchase Petroleum. This, in effect, increased the value of US Dollars, and made it the default trade currency. This theory relies on two facts: * Enforcement of US dependency on petroleum * Enforcement of Worldwide Petroleum sale in US Dollars
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