Tuesday, December 18, 2012

Preparing for the Collapse of the Petrodollar System, Part 4

Source: FTM Daily
by Jerry Robinson
Miss Part One, Two, and Three? START HERE.

Introduction to Part Four: “The War in Afghanistan and the New Great Game”
As we have learned from the previous articles in this series, the petrodollar system that was cleverly crafted in the 1970′s has served America well. What began as a way to drive more demand for the U.S. dollar, in the wake of a move away from the international gold standard in 1971, has provided benefits that few could ever imagine. America’s ‘dollars for oil’ system has greatly enriched our nation at the expense of other nations and their potential prosperity. It has also helped solidify the U.S. dollar as the global currency of choice, following a temporary loss of credibility after President Nixon’s decision to close the gold window. In this fourth installment of our series, I will explain how the petrodollar system has led the U.S. into a perpetual state of war in the Middle East and Central Asia. In particular, this article will focus on the rise of Al Qaeda and the Taliban, along with what I believe may be the real reasons for the War in Afghanistan.
I have entitled this piece, The Petrodollar Wars: The War in Afghanistan and the New Great Game
Read the rest of this great piece here