Changes

Jump to navigation Jump to search
1,167 bytes added ,  00:34, February 26, 2020
Line 70: Line 70:  
::::::Bingo. That's why the gold window was closed - because of the petrodollar. The "petrodollar agreement" replaced gold with defense and infrastructure contracts. [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|De Plorabus Unum]]</sup> 19:11, 25 February 2020 (EST)
 
::::::Bingo. That's why the gold window was closed - because of the petrodollar. The "petrodollar agreement" replaced gold with defense and infrastructure contracts. [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|De Plorabus Unum]]</sup> 19:11, 25 February 2020 (EST)
 
:::::::Are you implying that it was the MIC who convinced Nixon to abandon the gold standard? I mean, I wouldn't rule that out, since the MIC thrives on excessive military spending, and the gold standard and the massive debt from both the Great Society and Vietnam were incompatible with one another. --[[User:Geopolitician|Geopolitician]] ([[User talk:Geopolitician|talk]]) 19:30, 25 February 2020 (EST)
 
:::::::Are you implying that it was the MIC who convinced Nixon to abandon the gold standard? I mean, I wouldn't rule that out, since the MIC thrives on excessive military spending, and the gold standard and the massive debt from both the Great Society and Vietnam were incompatible with one another. --[[User:Geopolitician|Geopolitician]] ([[User talk:Geopolitician|talk]]) 19:30, 25 February 2020 (EST)
 +
 +
::::::These aren't random, unconnected events.
 +
 +
::::::All the roads, freeways, airports, runways, refineries and oil rigs in Saudi Arabia have been built by Americans. Who cities to house American workers and military installations heave been built by Americans (Khobar Towers, Prince Sultan Airbase, etc.; reporter [https://saraacarter.com/about/ Sara A. Carter grew up in Saudi Arabia as child] of one of these workers) in addition to the purchase, service, and training of military equipment for the Saudi armed services.
 +
::::::Now, the alternative to these facts is your scenario - that without a longterm agreement replacing dollar convertibility to gold, the so-called "petrodollar agreement" - Fort Knox, a finite reserve, would have been bled dry before the end of the 1970s. Saudi Arabia could have taken its gold reserves acquired from the US and purchased infrastructure and defense contracts from the [[Soviet Union]], or any other country with the ability to supply those needed projects (UK, France, Germany, etc.). Would that have made you happy? [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|De Plorabus Unum]]</sup> 19:34, 25 February 2020 (EST)
Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
294,870

edits

Navigation menu