The Secret Origins Of The Petrodollar System

Empire Diaries

New Delhi, August 3, 2022: The Western media was recently awash with news of US president Joe Biden rebuking Saudi crown prince Mohammad bin Salman for his role in the murder of columnist Jamal Khashoggi back in 2018.

While Biden was officially in Jeddah to reboot America’s strained relations with its long-term partner Saudi Arabia, the dots are easy to connect. His visit came in the backdrop of a strange Saudi decision that promises to weaken the unfair clout that the US currency has been enjoying for decades in the form of the ‘petrodollar’.

In mid-March, the Saudi palace declared that it was soon going to sell crude oil to China in yuan instead of US dollars. The government in Riyadh said it was in talks with Beijing regarding how soon the changeover in currency can be carried out.

It might not seem like a big deal, but in the…

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3 thoughts on “The Secret Origins Of The Petrodollar System

  1. FIRST OF ALL I WOULD LIKE TO SAY, I AM NO MEMBER OF ANY POLITICAL PARTY, AND YES I AM ONE OF THOSE CONSPIRACY PEOPLE. IT WAS NIXON WHO GAVE US THE INVENTION OF THE PETRODOLLAR, WHICH WAS A TRAGIC EVENT IN AMERICAN HISTORY. MORE TRAGIC WAS THE DEATH OF ONE OF THE GREATEST PRESIDENTS THIS COUNTRY AS EVER SEEN, AND THAT WAS PRESIDENT JOHN F. KENNEDY WHO WANTED THIS COUNTRY TO BE PLACED BACK ON THE GOLD STANDARD. PRESIDENT JOHN F. KENNEDY DID COME FROM AN ILLUMINATI BLOODLINE FAMILY, BUT HE WAS THE BLACK SHEEP OF EVERYONE AND EVERYWHERE, YOU NAME IT EVERYONE WAS AFTER HIM, AS HE WAS DOING THE CORRECT AND HUMANITARIAN THINGS.

    NOW WE HAVE GOONS THAT WANT TO DO EVERYTHING EVIL AND WRONG, AND NO ONE CARES TO BE AFTER THESE SO CALLED PEOPLE SUCH AS IS.

    Liked by 1 person

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