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Template talk:Deep State (view source)
Revision as of 00:30, February 26, 2020
, 00:30, February 26, 2020no edit summary
:::::The 1974 petrodollar agreement is an example of a multilateral agreement that sets the value of a fiat currency. But because of our current financial situation, it is probably the only thing that is keeping us from going into hyperinflation and economic collapse right now. Remember when President Trump said that he wasn't willing to destroy the global economy by cutting ties with the Saudis over the killing of Khashoggi? That's what he was referring to. He knew that the Saudis would retaliate by destroying the petrodollar arrangement. He knows our economy is vulnerable that way, and so do the Saudis. And that's my point. The Saudis know our the Achilles Heel to our economy. And they have been exploiting that for decades to make sure they get what they want from us. That's not a conspiracy theory. --[[User:Geopolitician|Geopolitician]] ([[User talk:Geopolitician|talk]]) 18:34, 25 February 2020 (EST)
:::::The 1974 petrodollar agreement is an example of a multilateral agreement that sets the value of a fiat currency. But because of our current financial situation, it is probably the only thing that is keeping us from going into hyperinflation and economic collapse right now. Remember when President Trump said that he wasn't willing to destroy the global economy by cutting ties with the Saudis over the killing of Khashoggi? That's what he was referring to. He knew that the Saudis would retaliate by destroying the petrodollar arrangement. He knows our economy is vulnerable that way, and so do the Saudis. And that's my point. The Saudis know our the Achilles Heel to our economy. And they have been exploiting that for decades to make sure they get what they want from us. That's not a conspiracy theory. --[[User:Geopolitician|Geopolitician]] ([[User talk:Geopolitician|talk]]) 18:34, 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)
::::::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)