Will Iran Kill the Petrodollar?

Source: Casey Research
Date: January 25, 2012 7:46pm GMT
by: Marin Katusa, Chief Energy Investment Strategist

The official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon. The punishment: sanctions on Iran's oil exports, which are meant to isolate Iran and depress the value of its currency to such a point that the country crumbles.
But that line doesn't make sense, and the sanctions will not achieve their goals. Iran is far from isolated and its friends – like India – will stand by the oil-producing nation until the US either backs down or acknowledges the real matter at hand. That matter is the American dollar and its role as the global reserve currency.

The short version of the story is that a 1970s deal cemented the US dollar as the only currency to buy and sell crude oil, and from that monopoly on the all-important oil trade the US dollar slowly but surely became the reserve currency for global trades in most commodities and goods. Massive demand for US dollars ensued, pushing the dollar's value up, up, and away. In addition, countries stored their excess US dollars savings in US Treasuries, giving the US government a vast pool of credit from which to draw.
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You are probably the unwitting victim of Pavlovian-Skinnerian animal training techniques if you went to the public schools

[Editor's Note: This 58 minute interview with Charlotte Iserbyt, Reagan's former #2 in education will have most people wondering, "Can it possibly be true? How horrible!" In recent times the veil has somewhat slid off the international bankers as things are economically bad enough now that the average person has started to get a slight clue that there is something not quite right.  The money changers have historically caused economic booms and busts, wars and even shockingly, it is revealed here, how the public in the West are educated.]

“Education is a weapon whose effects depend on who holds it in his hands and at whom it is aimed.” - Joseph Stalin in an interview with H.G. Wells, 1934

Quoting from the article Exclusive: Charlotte Iserbyt Reveals Skull & Bones and the Destruction of America by Aaron Dykes of Infowars:

Charlotte Thomson Iserbyt served as the head of policy at the Department of Education during the first administration of President Reagan, and has since become a treasure trove for a wealth of information on the secret agendas working against America– not the least of which is the secret society Skull and Bones– as well as a coordinated plan to undermine education, eradicate individualism and brainwash the masses to create a subservient population ruled by the super-elite.


Last year, Infowars researchers conducted many hours of exclusive interviews with Charlotte Iserbyt at her home in Maine, including a thorough examination of many archive documents never before seen by the public, forgotten books with important hidden history and other relics, and even the official membership lists from Yale’s Skull & Bones rosters- which Iserbyt herself leaked to the public through author Antony Sutton. Infowars then released two video presentations, both of which have been among the most detailed, researched and significant that this website has released– the first on the Secret History of Western Education, and the second, Secrets of Skull & Bones Revealed.

Charlotte Iserbyt: Secrets Of Skull & Bones Blown Wide Open

There is a book which Charlotte Iserbyt wrote called The Deliberate Dumbing Down of America in which she documents in great detail the specifics of how our education system has been taken over by the internationalist oligarchs who want a one world totalitarian superstate and compliant serfs who bow to authority unquestioningly.  Being out of print, Ms. Iserbyt has provided a free .pdf version of her book which I have mirrored on ScribD due to high traffic sometimes at Charlotte's website.  Recently, there is an abridged version which has gone back in to print and is available from Infowars.

Read here for more details and learn where to get the abridged version of the book.