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Dear Friends, I've just watched the excellent video between our friend Stefan and G. Edward Griffin regarding the Federal Reserve. If you haven't seen it, see it and then return to this post.

 

The reason that the US Dollar has not already imploded is reduced to 1 word - oil. Oil is sold worldwide using US dollars. Because other countries want to buy and sell oil, they do it in US currency. If the country of Nuzbekistan wants to buy oil from England from their Brent Sea reserve, they Nusbekis must first purchase US dollars as the Nusbeki Dinar is not traded for oil.

 

By this means, the taxation of the US government by means of the Federal Reserve is carried out on most of the modern world. And, if the Nuzbekis had any other recourse, they would do so. Thus the PetroDollar is supported and so is the US government and our own economy.

 

The reason that Hillary convinced Barak Hussein to go to war in Libya is all over the alternative currency backed by gold. Just one report:

http://thefreethoughtproject.com/declassified-emails-reveal-natos-true-motive-topple-gaddafi-stop-creation-gold-backed-african-currency/

 

The handwriting is on the wall for the US as the Chinese are introducing a gold-backed Yuan. The aforesaid fecal matter intersects the impeller when oil is traded using the new chinese currency. It probably hasn't happened YET because of the symbiotic relationship of US-China trade. This is the breaking point to watch for.

 

I wish I had more happy news.

 

B

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