The Petrodollar Explained

in #petrodollar7 years ago (edited)

oil-dollar.jpg

People who read my articles have been asking me, what exactly is the Petrodollar?

The following video is a bit old, but it does a good job of explaining.

Essentially, the Petrodollar is the ability of the United States to print unlimited money and force people to accept it through the use or fear of militant power.

There are three branches of the Petrodollar System: the fractional-reserve banking system, the military-industrial complex, and the mainstream media. All three branches work together to achieve the goal of U.S. dollar hegemony.

The banks print the money and fund the other two branches. The military-industrial complex forces all major natural resource commodity markets to trade in U.S. dollars. The most powerful commodity traded is oil. Any nation, regime, or power that opposes this system is simply taken out under the misdirection of media propaganda.

Together, they drain the resources of the world from those who are productive in society.

For an example of how this is accomplished, please check out this article:

https://steemit.com/propaganda/@zoroaster/why-people-keep-missing-the-point-about-benghazi

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