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Oil, Iran and the US Dollar

Oil Standard

Brethren,
Happy Anniversary! 230 years ago today brother Weishaupt founded the Illuminati in Ingolstadt, Bavaria. May all your world domination wishes come true in the upcoming year. See ya all at David’s place for the bash!

Today also marks Illuminati Rex’s first anniversary, sadly without much fanfare.

transcript

Middle-eastern woes are often attributed to Oil. (or lack of freedom, depending who you ask) In order to understand why Oil is so important we must look at its relationship with the US dollar.

Our story begins in 1945…

World War 2 ends in a bang.

European powers are crippled. The US relatively
unaffected by the war, is strong.

At the 1944 Bretton Woods Conference the US solidifies its role as the
only world major superpower. It creates the World Bank (WB) and the International Monetary Fund.

It also set’s up the Gold Standard. The US dollar is pegged against the value of Gold. ($35/oz)

US holds $30 billion in gold in reserve.

The US rule is Supreme!

Other theories include lack of freedom, depending who you ask. Currently the US in looking for uranium enrichment in Iran, which they say could be used to build nuclear weapons.

All is well on the western front,
To be Continued…

The End

Chris Lecours
Illuminati Rex
for disinformation purposes only