Reply to topic  [ 24 posts ]  Go to page Previous  1, 2, 3
The Deal 
Author Message
Site Admin
User avatar

Joined: Tue May 03, 2011 6:06 pm
Posts: 11236
Reply with quote
Post Re: The Deal
OK, let's confirm the basic foundation of "The Deal" once again:

Quote:
For the last 50 years, virtually anyone who wanted to import oil needed US dollars to pay for it.

That’s because, in the early ’70s, the US made an agreement to protect Saudi Arabia in exchange for ensuring, among other things, all OPEC producers only accept US dollars for their oil. -- source

While the public is still ignorant of how the petro-dollar came about, we are not. Our money system is one of the biggest scams in history, with fiat currency created out of thin air by central banks monopolized by the Rothschild family. That would essentially make the Rothschild family the richest and most powerful group on the planet by several orders of magnitude. And they are sociopaths, Khazarian mafia, and vile con-artists and criminals.

They are evil. Evil rules at this point. It is the duty of all good people to oppose evil.

_________________
It's not that we can't handle the truth. It's that they can't handle us if we know the truth.


Sun May 22, 2022 8:21 am
Profile
Site Admin
User avatar

Joined: Tue May 03, 2011 6:06 pm
Posts: 11236
Reply with quote
Post Re: The Deal
Ron Paul in 2006 spoke the following in the U.S. House of Representatives:

Quote:
It all ended on August 15, 1971, when Nixon closed the gold window and refused to pay out any of our remaining 280 million ounces of gold. In essence, we declared our insolvency and everyone recognized some other monetary system had to be devised in order to bring stability to the markets.

Amazingly, a new system was devised which allowed the U.S. to operate the printing presses for the world reserve currency with no restraints placed on it — not even a pretence of gold convertibility, none whatsoever! Though the new policy was even more deeply flawed, it nevertheless opened the door for dollar hegemony to spread.

Realizing the world was embarking on something new and mind-boggling, elite money managers, with especially strong support from U.S. authorities, struck an agreement with OPEC to price oil in U.S. dollars exclusively for all worldwide transactions. This gave the dollar a special place among world currencies and in essence “backed” the dollar with oil. In return, the U.S. promised to protect the various oil-rich kingdoms in the Persian Gulf against threat of invasion or domestic coup. This arrangement helped ignite the radical Islamic movement among those who resented our influence in the region. The arrangement gave the dollar artificial strength, with tremendous financial benefits for the United States. It allowed us to export our monetary inflation by buying oil and other goods at a great discount as dollar influence flourished. -- source

So The Deal is confirmed once again from the honorable Ron Paul.

_________________
It's not that we can't handle the truth. It's that they can't handle us if we know the truth.


Sun Jan 22, 2023 6:29 am
Profile
Site Admin
User avatar

Joined: Tue May 03, 2011 6:06 pm
Posts: 11236
Reply with quote
Post Re: The Deal
The consequences of the loss of reserve status will be devastating to the US economy. It is the only glue holding our system together – The ability to defer inflation by exporting it overseas is a superpower only the US enjoys. The Fed can print money perpetually if it wants to in order to fund the government or prop up US markets, as long as foreign central banks and corporate banks are willing to absorb dollars as a tool for global trade. If the dollar is no longer the primary international trade mechanism, the trillions upon trillions of dollars the Fed has created from thin air over the years will all come flooding back to the US through various avenues, and hyperinflation (or hyperstagflation) will be the result.

Brandon Smith has it right, as usual. All those dollars created from thin air over the years will come flooding back to the US, and the value of the dollar will fall back to the equivalent of "thin air". It was always a con-game run by the ruling sociopaths, one that gave them unbelievable power at the expense of the masses.

Should we get out of the dollar to preserve whatever "wealth" we have saved? According to Richard Sauder, doing so won't matter.

The place (the USA) will be wiped out, consumed by righteous fire, effaced from the Earth, irrevocably removed from history, as if it never were. The destruction and slaughter will be horrific, massive, brutal, unrelenting. The decision has allegedly already been made. The sentence will reportedly be carried out without mercy. War without any quarter whatsoever. Those who showed no mercy to unknown millions of others, will be shown no mercy themselves.

In other words, “Abandon all hope ye who live there.” That was such a good Deal they gave us, eh?

_________________
It's not that we can't handle the truth. It's that they can't handle us if we know the truth.


Fri Jan 27, 2023 1:43 am
Profile
Site Admin
User avatar

Joined: Tue May 03, 2011 6:06 pm
Posts: 11236
Reply with quote
Post Re: The Deal
As the economy is being deliberately destroyed, I am seeing more and more references in the non-mainstream media to what I called "The Deal". Back when I wrote "The Deal", it seemed to be virtually unknown. Now it seems many independent journalists are pointing out the foundational details of "The Deal" as if it were common knowledge.

Well, that's a good thing. The truth should be common knowledge, but it rarely is.

Quote:
Here, we return to the ‘Egregious Miscalculation’. This evolving New Order existentially threatens dollar hegemony – the U.S. created its hegemony through demanding that oil (and other commodities) be priced in dollars, and by facilitating a frenetic financialisation of asset markets in the U.S. It is this demand for dollars which alone has allowed the U.S. to fund its government deficit (and its defence budget) for nothing.

The agreement for oil producing countries to price oil only in dollars is collapsing. The collapse of the dollar will rapidly follow.

_________________
It's not that we can't handle the truth. It's that they can't handle us if we know the truth.


Tue Jan 31, 2023 2:56 am
Profile
Display posts from previous:  Sort by  
Reply to topic   [ 24 posts ]  Go to page Previous  1, 2, 3

Who is online

Users browsing this forum: No registered users and 2 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group.
Designed by STSoftware.