iraq,iran,war,oil,dollar,euro,petrodollar,petroeuro,was it conspiracy Iraq and the Petrodollar: the origins of the US' Iraq War?

Iraq and the Petrodollar: the origins of the US' Iraq War?

posted by calvados

1 year 7 months 1 week ago • 1242 views

tags: iraq, iran, war, oil, dollar, euro, petrodollar, petroeuro, was it conspiracy

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(45 min) Inspired by DFT's post. Presented by Simon Reeves and aired on the UK's Sky Two television, it includes interviews with Karen Kwiatkowski and William Clark.

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Once you reach the 45 Minute Mark..This Article may interest you.

CBS News - April 30.
Iran Ends Oil Transactions In U.S. Dollars
http://www.cbsnews.com/stories/2008/04/30/business/main4057490.shtml

written by Fedquip

| 1 year 7 months 1 week ago | CH

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The Petrodollar conspiracy is a weak one, and is not backed by any serious economic argument. At roughly $6 trillion foreign exchange reserves are simply not that large a chunk of global assets (not to mention debts or transactions).

That said, control over oil production probably has a far larger economic and political value than the price of oil would suggest.

written by fissionchips

| 1 year 7 months 1 week ago | CH

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