Showing posts with label end. Show all posts
Showing posts with label end. Show all posts

Wednesday, June 28, 2017

The End of the (Petro)Dollar: What the Federal Reserve Doesn’t Want You to Know

Sovereign nations looking to de-dollarize (for good reason) may want to reconsider (for good reason).  The US military industrial complex and the banking cartels which fund the perpetual wars don't look kindly on those attempting to abandon the petrodollar's reserve currency status.

http://theantimedia.org/end-of-petrodollar/

Saturday, July 23, 2016

End Of An Era: The Rise And Fall Of The Petrodollar System

This is a long, but good read on oil, gold, petrodollar, geopolitics, and currency shifts.   However, it doesn't address the inevitable effects and undesirable conclusion.  The USDollar losing its status as the global reserve currency results in loss of purchasing power for American consumers and hyperinflation.

http://www.acting-man.com/?p=45850

Monday, September 8, 2014

Obama's Former Chief Economist Calls For An End To US Dollar Reserve Status

This Keynesian economist WANTS USdollar hegemony to end?  Might as well give the dollar its last rights before the hanging.  The death of the USDollar--by suicide.  That will make a great headline.

Next thing we know, the Fed Chairman will be dumping dollars out of a helicopter.   Ooops, it's already happened.

What's that other expression?  Be careful what you wish for; you may get it.

http://mobile.nytimes.com/2014/08/28/opinion/dethrone-king-dollar.html?referrer=&_r=3