Damus
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ภ๏รtг๏ภคยt
@ภ๏รtг๏ภคยt
In 2000, Saddam Hussein did something very few people paid attention to.

He announced Iraq would start selling oil in euros, not U.S. dollars.

Three years later, the United States invaded Iraq.

No weapons of mass destruction were ever found.

But something else happened quietly.

Iraqi oil went right back to being priced in dollars.

Most people call that a coincidence.

I call it a lesson.

In 2009, Muammar Gaddafi proposed something even more dangerous.

A gold-backed African currency — the gold dinar.

It would have allowed African nations to buy oil without using dollars.

In 2011, NATO intervened in Libya for “humanitarian reasons.”

Gaddafi was killed.
The gold dinar disappeared.
Libyan oil? Back to dollars.

Another coincidence.

I’m noticing a pattern.

Go back further.

In 1971, President Nixon took the U.S. dollar off the gold standard.

The dollar was no longer backed by gold — only a promise.

By all historical logic, the dollar should have collapsed.

It didn’t.

Why?

Because three years later, Henry Kissinger cut a deal with Saudi Arabia.

The deal was simple:

Sell oil only in U.S. dollars, and the U.S. military will protect the regime.

From that moment on, every country on earth needed dollars to buy energy.

That wasn’t free-market economics.
That was force-backed monetary policy.

Or, more honestly, a protection racket.

And it works — as long as the military can enforce it.

Watch what happens when countries challenge it.

Russia demands rubles for natural gas?
Sanctions. Escalation.

Syria discusses pipelines priced outside the dollar system?
Civil war intensifies. Pipeline never happens.

Iran tries to sell oil outside the dollar?
Decades of sanctions.

I’m not saying these are good governments or bad governments.

I’m saying watch what happens when anyone threatens the petrodollar system.

Once you see it, the pattern isn’t subtle.
SWIFT is not a neutral payment system.

It’s a weapon.

Get cut off from SWIFT, and you’re locked out of global trade.

Russia.
Iran.
Cuba.
Venezuela.

Different politics. Same outcome.

They don’t teach this in school because it’s uncomfortable.

We don’t send 18-year-olds to die for “freedom.”

We send them to protect reserve currency status.

Currency funds the military.
The military protects the currency.

That’s how empires work.

Britain learned this the hard way.

The British pound was the world’s reserve currency for nearly 200 years.

After World War II, Britain lost reserve status.

Within two decades, the British Empire collapsed.

Same cycle.

Dutch guilder.
British pound.
Now the U.S. dollar.

Ray Dalio has been warning about this for years.

Late-stage empire looks like this:

• Military overextension
• Rising debt
• Currency weakening
• Rivals building alternatives

China’s Belt and Road isn’t charity.

It’s about creating debt relationships denominated in yuan.

BRICS aren’t talking about alternatives because they’re friends.

They’re building an exit ramp from dollar dependence.

When the dollar loses reserve status — not if, when — the ability to print money without consequences disappears.

- Then the military contracts.
- Then the empire ends.
- You can call this cynical.

I call it financial history.

Every war in my lifetime had a currency angle — if you knew where to look.

“Freedom and democracy” is the marketing.

The actual policy documents talk about
“maintaining dollar liquidity in global energy markets.”

I’m not anti-military.
I’m anti-bullshit.

If we’re sending people to fight…

We should at least be honest about why.
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BankSith · 13w
🔥
El Guirri · 13w
The link to iraq and libya is something that there's definitely a knowledge divide. I mention these things outside USA and people are much more likely to know. Am in south Africa and I didnt mention it myself but was brought up by a chap in conversation yesterday. It's an american blind spot because...
Bitlord69 · 13w
Great summary. Straight facts
Allen · 13w
We can’t hate these ppl enough
Scurvydog · 13w
So, dudes for dollars.
TallBrian · 13w
Lying is wrong. War is atrocious. I increasingly insist on honest money that defunds the war machine. I don’t know if it will be enough but it’s what I know how to do to push back.
Repeatedly nuked profile · 13w
Ray Dalio has been warning about anything you can think of for years. If tomorrow there's an invasion of purple-eyed lizard people from Venus, chances are Ray Dalio warned about that too.
The_Crin · 13w
after hearing the people of Ukraine who are on 'nostr' and analyzing the videos that predominate on YouTube, it makes me doubt what the true purposes of the USA are, with Ukraine, but because of how it seems that blackrock is even getting into that along with what happened with the tornado cash and...
capeche · 13w
https://blossom.primal.net/5acc2d7bf71eb3fbb81aa48779e7b08e0dc8c265d7a2e16f47ca42a3e0ad0ce1.jpg
Contra · 13w
So….crimes were committed. I’m not shocked.
9/11receipts · 13w
nostr:nevent1qqspzm2e482vth6x4fahdztr4jvcyac8fv0lx4dqstml7794zdzl40szyzgp22ml3hlmelzx9awq9ufz7uhrhtjcejc9jscnvl38jqsyu46qzqcyqqqqqqgeq9k4j
jo 🇺🇸 · 13w
bitcoin fixes it
FREEDOM · 13w
This is why neutral, non-sovereign money matters. Systems backed by force eventually demand more force. Systems backed by rules don’t.
Diyana · 13w
The machine has got to come crashing down...
Green Dragon🐲 · 13w
The same with Kadafi in Libya. Without oil the dollar is dead. It’s another reason America can’t get serious about clean energy.
U-P-G-R-A-Y-E-D-D · 13w
The petrodollar strategy is quickly expiring. The new strategy appears to be USD stablecoins with ambiguous Bitcoin "backing". > Bitcoin fixes this.
Radokama Grandmaster Splat · 13w
It's a good thing that entire model is falling into the Orange Singularity.
Jake Woodhouse · 13w
Sex sells War doesn’t Probably a lesson in that Stealth tax instead,
Brian · 13w
source: https://www.facebook.com/RobertKiyosaki/posts/in-2000-saddam-hussein-did-something-very-few-people-paid-attention-tohe-announc/1405383097619900/ https://blossom.primal.net/d7bb219ebed88190120b5adaf73e6a865b18fdab3d048dd9926359d510938e99.png
Zoltán · 13w
💯
Boka · 13w
Great post! Only two quotation marks missing and the author…
sêkwêstkwân ᓭᑫᐧᐢᑎᑳᐧᐣ · 13w
The indigenous in Alberta have been trying to sell their oil for years. Swift will not allow them to be paid. It seems the only way is through BRICS. Know anyone that, they can sell oil to?
CREEnergy Oil & Gas Inc. · 11w
We want to try this!
CREEnergy Oil & Gas Inc. · 11w
Can Alberta do something similar?
Carlos Vega · 1w
"Your thread hits on a real pattern—petrodollar politics are absolutely a thing, but Iraq was also a geopolitical play beyond currency. That said, the dollar’s dominance isn’t unshakable. I was reading about how BRICS expansion and dedollarization could accelerate the shift. Timeline here is s...