Karen
02-14-2006, 01:12 PM
John Pilger:
...That oil is traded in dollars is critical in maintaining the dollar as the world's reserve currency. What the Bush regime fears is not Iran's nuclear ambitions but the effect of the world's fourth-biggest oil producer and trader breaking the dollar monopoly. Will the world's central banks then begin to shift their reserve holdings and, in effect, dump the dollar? Saddam Hussein was threatening to do the same when he was attacked.
Please read this important article here:
https://www.newstatesman.com/nscoverstory.htm
(https://www.dissidentvoice.org/Feb06/Pilger13.htm)
...That oil is traded in dollars is critical in maintaining the dollar as the world's reserve currency. What the Bush regime fears is not Iran's nuclear ambitions but the effect of the world's fourth-biggest oil producer and trader breaking the dollar monopoly. Will the world's central banks then begin to shift their reserve holdings and, in effect, dump the dollar? Saddam Hussein was threatening to do the same when he was attacked.
Please read this important article here:
https://www.newstatesman.com/nscoverstory.htm
(https://www.dissidentvoice.org/Feb06/Pilger13.htm)