Posted: September 25 2006 at 10:19 AM
Roosevelt in 1932, took America off the gold
standard that had made America the strongest
economy in the world, to print off money needed
for the country to recover from the depression
following the stock market crash.
During the second world war, America required
weapons and war materials sold to other countries,
to be purchased by gold. By the end of the war,
not only did America hold most of the world's
gold reserves, it also accounted for 50 percent
of the world's gross domestic product, while
European economies laid in ruin.
This enabled America to return to the gold
standard at the end of 1945, and because America
held most of the worlds gold, and the American
dollar was backed by gold, the American dollar
replaced gold to be the world's new reserve
The value of a currency depends on its demand,
and because it replaced gold as the world currency,
the demand for American dollars made it the
most powerful on international markets.
However, in the mid 1960's Lyndon Johnson bowed
down to the economic pressures of funding the
Vietnam war, and financing the War on Poverty,
required spending more money than available.
Once again, America was off the gold standard to
achieve political aims, both of which became failures.
When the nations who had trusted the American Dollar
as the reserve currency, demanded gold for their
dollars following the withdrawal off the gold standard,
they refused and formally announced their decision on
August 15, 1971. America being the world leading
superpower at the time, was powerful enough to get
away with this global robbery.
Soon after to restore confidence in the new U.S. dollar(not backed by gold),
and to once again make world trade dependant on its
currency, America signed an Iron Clad Agreement with Saudi
Arabia(number 1 exporter of oil), that would give
Saudi Arabia American political support and military protection,
in return that the Saudis agreed only to accept U.S. dollars for their oil, and the rest of OPEC soon followed suit.
In 2003,prior to the American invasion of Iraq,
Western media outlets blackballed the fact Saddam
Hussein had plans in place to sell his oil only
in Euros. A economic shift, that if would lead to
all of OPEC trading in Euros, would cause American
inflation to hit 50 percent or more within 2 years,
subsequently sending America into bankruptcy,
according to Krassimir Petrov, who is an Austrian Macro
Economist/Investment Strategist with a Ph. D. in economics
from Ohio State University.
In 2006, this issue has been redefined. Not only is Iran, the
worlds second largest exporter of oil, but Europe is also Iran's
largest trading partner. Iran would enjoy the substantial
economic benefits of trading in euros, and would become a regional super power indefinitely.
In America foreign oil costs would skyrocket as the dollar
declined in value, and most Americans couldn't afford to drive anymore.The cost of all imported goods in services would almost double, and America would decline to near Third World status.
To make matters worse, Americas national debt , which is at record levels, would be impossible to repay.
Iran, the emerging Muslim Empire of the Middle East, would bring
the most powerful nation on earth to it's knees. America eventually would go bankrupt, as countries around the
world would trade their American dollars for Euros,
driving its value even lower.
It is inevitable that America goes to war with Iran, or the their Imperial Empire will collapse and crumble as the Soviet Union did in the late 80's. Iran will destroy the American empire, with nuclear weapons or not. One nuclear bomb detonated at the right elevation in the atmosphere, above America would start a chain reaction of electrons, to create one massive EMP destroying the entire Electrical Grid systems of America,
parts of Canada and Mexico, according to Iranian scientists have openly discussed this amongst their government. America without power for their technology, would be helpless.
The only way that America could afford a war in multiple countries, is if they slowly revert democracy to a Nazi-style regime, to create their war machine. If you have read my other posts, I have gone into lengthy detail of their sinister plot, which includes the planning of September 11th.
Iran's president Mahmoud Ahmadinejad publicly stated wants to engage Israel, (America's Axis of Evil in the Middle East)into a religious war, to fulfil Islamic prophecies. And America wants to use this as a pretext, to invade Iran.
The times of revelations has arrived. We are living in times of prophecy.