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Bringing You A Different Perspective – Peace And Prosperity Are Maximized Through Free Markets, Not Through Suffocating Governments

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News From London, Ontario, And Beyond

Saudi Arabia

Huge Debt Got Us Hooked on Petrodollars — and on Saudi Arabia

January 15, 2020 by Lee Friday

January 15, 2020 – Ryan McMaken …… Petrodollars and petrodollar recycling are at the heart of what keeps the US debt and money-printing mechanism going. The geopolitical stakes are very high.

Categories Banks, Debt, Money, Iran, Saudi Arabia, War and the Military Leave a comment

How the US Wages War to Prop up the Dollar

January 15, 2020January 12, 2020 by Lee Friday

January 12, 2020 – Ryan McMaken …… After decades of Cold War spending, the US had to find a way to keep its massive war budgets and domestic spending going without ruining the dollar. Controlling the flow of dollars spent on oil turned out to be a fix.

Categories Banks, Debt, Money, Saudi Arabia, War and the Military Leave a comment
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